Japan Money Supply M2+CD (YoY) below expectations (3%) in August: Actual (2.9%)

Americans most hopeful about income growth since 2001 – Bloomberg

As reported by Bloomberg, confidence in US wage growth is peaking at 17-year highs despite actual US wage growth steadily lagging. Key quotes "Economists say the country is close to full employment, but pay gains for American workers have been flat since 2015. Even last week’s upwar ...

GBP/JPY Technical Analysis: Brexit headline springboard risks a bounceback

Monday's Sterling surge on Brexit hopes sees the Guppy overextended into a familiar level that was hit last week on similar market musings. Plenty of hopeful talk surrounds the current Brexit issues, but little forward momentum is currently on the table, and hopes could swing back into fea ...

New Zealand Electronic Card Retail Sales (MoM) increased to 1% in August from previous 0.7%

New Zealand Electronic Card Retail Sales (YoY) increased to 6.3% in August from previous 4.5%

North Korea’s Kim looking for fresh Trump meeting – Reuters

According to reporting by Reuters, North Korea's Kim Jong Un is seeking another meeting with US President Donald Trump. Key quotes "The two leaders have been discussing North Korea’s nuclear program since their unprecedented June 12 summit which has been criticized for being shor ...

US mulls China sanctions over Muslim abuses – The New York Times

As reported by the New York Times, The US Trump administration is allegedly weighing the benefits of slamming China with sanctions over human rights violations. Key quotes "The Trump administration is considering sanctions against Chinese senior officials and companies to punis ...

AUD/USD sticking to 0.71 as traders play wait and see

The Aussie continues to cycle as traders await a meaningful impetus amidst trade war concerns. Aussie jobs data due later this week, but the in-between faces a data vacuum. The AUD/USD is still trading just north of the 0.7100 handle after dragging its heels through Monday's action ...

The USD is the principal driver, Q1 US repatriation flows surge – Westpac

 Richard Franulovich, Head of FX Strategy at Westpac explained that there is no shortage of important idiosyncratic currency market drivers outside the US. Key Quotes: "Notable examples include weakening credit fundamentals in a number of emerging markets, ongoing questions marks abou ...

Peru stocks lower at close of trade; S&P Lima General down 0.02%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Food&Beverages, Mining and Telecoms sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.02%. The best performers of the session on the S&P Lima General were Grana Y Monter ...

S&P500 Technical Analysis: Deeper correction can be around the corner

The S&P500 Index is in consolidation phase after making new all-time-highs in the last weeks.   The Index is holding above 2,877.00 January swing high and the bull trendline which is rather bullish.  However, the RSI, MACD and Stochastics indicators are starting to show some sig ...

Wall Street ends mixed despite optimism surrounding new tax cuts

Republicans in the U.S. House of Representatives plan to unveil new tax cuts later this week. President Trump's comments drag Apple shares lower on Monday. Nike's robust performance lifts consumer staples. Major equity indexes in the U.S. started the day slightly higher but failed t ...