USD/JPY Supported on Fed Path Uncertainty Ahead of the NFPs
The pair rises this week in the aftermath of the BoJ’s inaction and yesterday’s Fed minutes, which noted uncertainty around the policy path, as markets await the US jobs report
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The pair rises this week in the aftermath of the BoJ’s inaction and yesterday’s Fed minutes, which noted uncertainty around the policy path, as markets await the US jobs report
USOIL is pushed higher as Iranian warship sails into the Red Sea, after the US Central Command sank multiple Houthi boats for attacking commercial ships
The sports apparel giant posted mixed results on Thursday, with just 1% y/y revenue growth and trimmed its full FY24 outlook, partially due to stronger USD and external headwinds in China
The central bank of Japan maintained its accommodative monetary setting and dovish outlook, against hopes that it could at least signal a change in strategy
The commodity stopped the seven-week losing streak with the help of the Fed’s rate cut talk, but still faces headwinds COP28 committed to transitioning away from fossil fuels and IEA expects slower oil demand growth in 2024
The pair rises this week as the Fed embraced upcoming rate cuts and the ECB pushed back, but today’s weak European PMIs constrain it
Watch today’s US Open for insights on the outcomes of the policy meetings by the Fed, the BoE and the ECB, as the Bank of Japan picks up the baton next week
The Fed maintained rates at 5.5% and kept more hikes on the table, but the updated projection imply at least three cuts in 2024, sending NAS100 close to new record highs
The Red Devils are having a terrible season and were eliminated from the top European competition on Tuesday, depriving the club of prize money, while the stake sale saga is ongoing
Watch today’s US Open for insights on the US inflation update and the upcoming pivotal decisions by the US Fed, the Bank of England and the European Central Bank
The index maintains its upside bias as today’s data showed another moderation in wage growth, but looks to Thursday’s policy decision by the central bank of England
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