Tag: Japan economy
Boost Your SEO Ranking with the Yen Correlations Surge – A Detailed Analysis
Last week, the NASDAQ 100 Index rebounded from its 200-day moving average, showing positive growth. The S&P 500 also saw marginal gains, indicating a lack of rotation from tech to value stocks. However, the...
Japan’s PMI Manufacturing in July: Finalized at 49.1, Back in Contraction
Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector after a brief period of growth in early 2023. According...
Title: BOJ Surprises with Interest Rate Hike Amid Weak Economy and Yen Decline
The Bank of Japan made a surprising decision to raise its benchmark interest rate to 0.25% and announced plans to reduce its monthly bond purchases by half. This move is an attempt to normalize...
Tokyo CPI Core Rises While Core-Core Falls: BoJ Rate Hike Uncertainty – Action Forex
Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is the third consecutive month of acceleration, rebounding from a drop...
Bank of Japan Unlikely to Raise Rates This Month
The Bank of Japan is expected to keep interest rates unchanged this month, according to recent reports. This decision comes amidst ongoing economic uncertainties and global market volatility.Foreign exchange trading can be risky and...
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 is the 26th consecutive month that core inflation has exceeded...