Japan’s government said that cooperation with the business and labor circles is essential. Economists at Commerzbank analyze the implications of the upcoming negotiations on wage…
USDCAD struggles near 1.3400 mark amid rising oil prices, modest USD weakness
The USD/CAD pair comes under some selling pressure on Tuesday and snaps a three-day winning streak to over a two-week high, around the 1.3475 region…
EURNOK to move about sideways in the short-term – Nordea
The Norwegian Krone has had a horrible start to 2023. A lower interest rate differential has hurt the NOK and economists at Nordea expect EUR/NOK…
AUDUSD Weekly Forecast – Australian Dollar Wipes Out Last Week
The Australian dollar has fallen rather hard during the course of the training week, but it does look like buyers a step back in at…
Bailey speech Will re-evaluate policy if economy evolves in live with central forecasts
Bank of England (BoE) Governor Andrew Bailey is delivering his remarks on the policy outlook and responding to questions from the press following the bank’s decision to hike…
China Auspicious prints from PMIs – UOB
Economist at UOB Group Ho Woei Chen reviews the recent prints from PMIs in the Chinese economy. Key Takeaways “Both the official manufacturing and non-manufacturing…
USDJPY Room for further range bound in the near term – UOB
Further consolidation in USD/JPY, likely within the 128.00-130.80 range now appears likely in the near term, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist…
GBP could struggle as markets expect too much from the BoE – CIBC
Markets are likely expecting too much tightening from the BoE this year, eliminating any GBP upside in the next few quarters, in the view of…
OPEC+ JMMC unlikely to recommend changes to output policy – Reuters
The Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, is unlikely to…
Australian CPI Preview Forecasts from seven major banks, sticky inflation figures
Australian Consumer Price Index (CPI) figures are due on Wednesday, January 25 at 00:30 GMT and as we get closer to the release time, here are forecasts…