Enormous swings continue for Japanese financial markets – Nikkei up 9%
USD/JPY was around 143.70 as US markets closed. Its been up to above 146.35 and back down now to around…
Category: Forex News
Japan wages data June 2024: Real wages +1.1% y/y for the first rise in 27 months
Japan wages data is encouraging Labour Cash Earnings +4.5% y/y expected +2.4%, prior +2.0% Real Cash Earnings +1.1% y/y expected…
Oil – Goldman Sachs base case is a US$75 floor for Brent crude, but see downside risk
Goldman Sachs on Brent crude oil: “Base case remains that the $75 floor under Brent oil prices will withstand macro…
The 3 events driving the 'stampede' in markets and the buying opportunities created
A note via Macquarie bank analysts pointing to opportunity in markets now. Says Monday’s price action was ‘stampede’, citing a…
Forexlive Americas FX news wrap: Risk assets crushed early but steady late
ISM services for July 51.4 vs 51.0 expected US final July S&P Global services PMI 55.0 vs 56.0 prelim Fed’s…
The midday calm in financial markets has broken
Markets were eerily calm midway through trading today but we’re entering the final hour of equity trading now and there…
The inevitable boom-bust: Why today's market structure amplifies financial market moves
When I think about modern markets and compare them to the pre-financial crisis era two things stick out: 1) There…
This is about the best you could have hoped for a few hours ago
It’s still a bloodbath in markets but it’s not the kind of reckoning we’re seeing in Japan. A few hours…
European equity close: Not a pretty picture but well-above the lows
Closing changes: Stoxx 600 -2.2% German DAX -2.0% UK FTSE 100 -2.2% French CAC -1.6% Italy MIB -2.4% Spain IBEX…
Dip buyers continue to wade into equitie, commodities and crypto
The market mood continues to improve after an early washout. US traders have steadied the market after the worst day…