USD/JPY Consolidates the Post-BoJ Surge as the Fed Looms
The pair rallied on Tuesday after the BoJ’s YCC tweak underwhelmed markets, but eases today on verbal intervention and as investors brace for the Fed’s policy decision
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The pair rallied on Tuesday after the BoJ’s YCC tweak underwhelmed markets, but eases today on verbal intervention and as investors brace for the Fed’s policy decision
Watch today’s US Open for insights on the new YCC tweak by the Bank of Japan, the further deceleration of price pressures in Eurozone, key incoming events and more
HKG33 registered another losing month, dropping today after Chinese factory activity slipped back to contraction territory
The BoJ continues on the slow path to normalization of is ultra-accomodative policy setting, as it further loosened its grip on the yield curve control on Tuesday and raised its inflation forecasts
The index closed last week in correction territory, as the quarterly results by tech giants were not enough to outweigh elevated yields, Fed risks and Middle East jitters, but rebounds today ahead of the Fed
Apple announces its Q4 FY2024 on Thursday November 2, in a challenging period for its business and the stock, which breaches key technical levels after a losing quarter
The pair maintains its upside bias, but is cautious after the ECB paused yesterday but offered little in the way of direction, now looking to next week’s BoE decision
The ecommerce and tech giant posted another blockbuster quarter, with enhanced profitability, increased advertising sales and signs of stabilization in its cloud business
Watch today’s US Open for insights on the rate hold by the European Central Bank, the impressive Q3 results of Meta Platforms, key upcoming events and more
The social media giant continued its comeback with record profit and revenue in Q3, helped by the rebound in advertising, but also warned of softness in the current quarter
The BoC kept rates at 5% for second straight month, helped by the recent moderation in inflation and USD/CAD reacted higher, but policymakers remain concerned around slow progress
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