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The headline Tokyo Consumer Price Index (CPI) for April rose 1.8% YoY, compared to a 2.6% rise in the previous reading, the Statistics Bureau of Japan showed on Friday. Meanwhile, the Tokyo CPI ex Fresh Food, Energy increased 1.8% YoY versus 2.7% expected and the previous reading of 2.9% rise. Addit

EUR/JPY surges to levels not seen since August 2008, capitalizing on a broader Yen weakness. Technical indicators suggest potential for further advances after clearing resistance at 165.30, towards the 169.47 high of August 2008. Downside risks remain once EUR/JPY retreats below the recent high of 1

European markets on the rise, with German IFO continuing positive theme. Australian inflation dampens rate cut hopes. Tesla rebound highlights more forgiving market approach for Q1 earnings season. European markets are in the green once again this morning, with the FTSE 100 continuing its welcome tr

Gold retracts sharply from recent highs, influenced by reduced geopolitical risks and a strengthening US Dollar. Fed officials, including Chairman Powell, maintain a hawkish stance on interest rates, pressuring Gold prices. Market sentiment shifts as expectations for Federal Reserve rate cuts are ad

The daily chart of EUR/JPY reveals a growing buying momentum, thanks to the RSI and the MACD strengthening. The hourly chart shows a shift in market dynamics as indicators favor the buyers. Key Simple Moving Averages underline EUR/JPY's superiority, hinting at the potential long-term upside. The EUR

Tech stocks in retreat – S&P and Nasdaq now down 5% & 7% respectively. Geo-political risks remain front and center. Earnings and Eco data also remain front and center. Bond Markets prepare for an onslaught of supply. Oil and Gold remain erratic. Try the Mezza Rigatoni. So, I go away for a co