Tag: Economic growth
UK Services PMI for June Falls Below Expectations – Forexlive
The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
Achieving Stable FX Levels in Japan: Benefits and Strategies
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
Japan’s CPI Core Accelerates to 2.5% While Core-Core Slows to 2.1%
Japan's core consumer price index (CPI) excluding food prices increased by 2.5% year-on-year in May, which is slightly lower than the expected 2.6%. This...
Atlanta Fed GDPNow Forecast for Q3 2021: 3.0% vs 3.1% Prior | Forex Update
We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the...
New Zealand Economy Shows Growth Despite Per Capita Decline
New Zealand's economy showed signs of growth in the first quarter of the year, with a GDP increase of 0.2% quarter-on-quarter, exceeding expectations of...
Germany’s Economy Minister Discusses Complicated Relationship with China
Germany's Economy Minister recently discussed the country's complicated relationship with China. He highlighted that China is an important partner for Germany in various fields....
Fed’s Williams Predicts Gradual Rate Cuts Amid Ongoing Disinflation – Market Update
New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence...
Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook
Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
Soft Retail Sales Impact on Fed Hawks’ Rhetoric – Actionable Insights for Traders
At the recent Fed meeting, Chairman Powell briefly mentioned consumer spending, but the focus was mainly on inflation and the Fed's dot plot. The...
Holiday Week Ahead: Retail Sales, Housing, and PMIs
In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow,...