USD/JPY Bullish Bias Intact Ahead of US Inflation Update
The pair rebounds after the pullback from its four-decade highs and the speculated FX intervention, with investors now looking forward to Wednesday’s US CPI inflation
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair rebounds after the pullback from its four-decade highs and the speculated FX intervention, with investors now looking forward to Wednesday’s US CPI inflation
The central bank made another step towards lowering rates on Thursday, sending the stock market to new record highs, while today’s data showed the economy exited its recession
The BoE kept rates at 5.25% again, but one more member voted to cut and inflation forecasts were lowered, while Governor Bailey did not embrace nor rule out a June pivot
The stock dropped nearly 10% on Wednesday, despite strong quarterly results, as markets likely focused on poor linear networks performance and underwhelming near-term guidance
The tech-heavy index consolidates its recent advance as investor await earnings from Amazon and Apple, as well as the Fed’s monetary policy decision
The pair hit the highest levels since late-1986 after Friday’s BoJ policy decision and hot US inflation, but slides from the peak, sparking speculation around possible intervention from Japanese authorities
The tech giant is having a tough period that reflect on its stock, which is close to bear territory, ahead of the May 2 earnings report
Price cuts and an sales decline delivered a blow to Tesla’s top and bottom lines, but Mr Musk offered accelerated timelines for cheaper models and promised robotaxis
Oil prices slip as fears over an Iran-Israel conflict subside, after the latter’s reported strike back
The tech-heavy index is exposed to key tech levels, weighed by risk-off mood and hawkish repricing around the Fed’s rate cut prospects
The better than expected growth data from China can’t stop the slump of HKG33, as risk aversion prevails following the new Middle East flare-up
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