Japan Domestic Corporate Goods Price Index (YoY) above expectations (-1.5%) in December: Actual (-1.2%)

Japan Machinery Orders (MoM) below forecasts (-1.7%) in November: Actual (-5.1%)

Japan Machinery Orders (YoY) registered at 10.4% above expectations (8.1%) in November

Japan Domestic Corporate Goods Price Index (MoM) came in at 0.6%, above expectations (0.3%) in December

Fitch: Australian banking sector on a negative outlook

Fitch rating agency is out with a note, warning that Australian banks are now on a negative outlook from stable. Fitch observes that the worsened outlook reflects an increase in macroeconomic risks and pressure on profit growth. Key headlines Household debt is high & rising relativ ...

US economic outlook: risks remain significant – Nomura

Analysts at Nomura offered an analyses on the US economy. "The Trump Stimulus: We expect better growth starting in 2017 owing to the strong likelihood of fiscal stimulus. But new trade and immigration policies could hurt growth.  Activity: In the wake of the US election, we expect th ...

GBP/JPY: bears remain in control below bearish-Brexit-opening gap

GBP/JPY remains on the back foot after an avalanche that the bears triggered at the start of the week ensued post the weekend news and fears regarding what a hard Brexit would mean for the economy and ultimately the pound sterling. GBP/USD start of week hard Brexit talk volatility, back on the 1.2 ...

Trump’s US dollar, implications for China and Mexico – Rabobank

Since the election of Donald Trump as US President both CNY and MXN have weakened vs. USD. Key Quotes: "However, the former has declined just a little while the latter has collapsed. Given Mexico’s vast exposure to the US economy relative to China’s that makes sense. However, Chin ...

New Zealand Food Price Index (MoM): -0.8% (November) vs previous -0.1%

GBP/USD start of week hard Brexit talk volatility, back on the 1.20 handle

GBP/USD is back above the psychological 1.2000 after a bearish opening gap that took the pound down over 200 pips vs the greenback at the start of a week when markets are awaiting PM to make a keynote speech regarding plans for Brexit. The news over the weekend has hyped up the event to be a har ...

EUR/GBP bulls remain in charge on bullish hard-Brexit opening gap

EUR/GBP has rallied hard on the back of the Brexit weekend news just a couple of days away from May speaking this week where she is expected to talk of hard Brexit conditions. The three-month resistance line at 0.8772 was broken last week and has just broken above 0.8778 level that now opens scop ...

GBP/USD: sold off below 1.2000 on hard Brexit weekend news

GBP/USD has opened in early Asia under much scrutiny and has sold off on the back of hard Brexit fears post the weekend news. Over the weekend, the press got stuck into the narrative that Brexit will be a hard exit just days before PM May who will make a speech and reveal some of the plans fo ...

Dollar correction over? – BBH

In analysing the dollar, analysts at Brown Brothers Harriman explained that the correction in the capital markets began shortly after the Federal Reserve hiked rates on December 14.   Key Quotes: "The correction or consolidative phase follows an otherwise strong trending quarter ...

Crude Oil Futures – Weekly Outlook: January 16 – 20

Investing.com - Oil futures finished lower on Friday, logging their first weekly decline in five weeks amid doubts over the implementation of a planned deal by global crude producers to scale back output. On the New York Mercantile Exchange, crude oil for delivery in February shed 64 cents, o ...

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