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April 25, 2024 6:24 AM UTC
In the period of time when JPY significantly weakens or strengthens, BoJ will intervene in the FX market either through verbal or actual intervention. As JPY weakened significantly in the past months, once again we found ourselves in the proximity of FX intervention with unknowns for anonymity is ke
April 22, 2024 6:13 AM UTC
Our central forecast is for the BoJ to remain on hold for interest rate and signals the market they are in no rush to further tighten while allowing trend inflation data to lead policy direction in their forward guidance. BoJ has moved interest rate to 0% and officially removed YCC in March, citing
April 17, 2024 6:52 AM UTC
UK headline and core inflation have been on a clear downward trajectory in the last few months, the former having peaked above 10% in February last year and the latter at 7.1% In May. After a pause in the preceding three months, this downtrend seemingly resumed in the February CPI numbers and clearl
April 16, 2024 1:34 PM UTC
March industrial production with a 0.4% increase was in line with expectations though manufacturing with a rise of 0.5% exceeded expectations and there appears to be some underlying improvement there.
April 12, 2024 2:13 PM UTC
April’s preliminary Michigan CSI of 77.9 is down from March’s 79.4 but still above February’s 76.5 and generally healthy. Inflation expectations moved higher, the 1-year view to 3.1% from 2.9% and the 5-10 year view to 3.0% from 2.8%, its highest since November.