Genevieve
He liked
He liked
BoJ Keeps Monetary Policy Unchanged
The Bank of Japan left its key interest rate unchanged and raised its inflation outlook on Friday. The policy board unanimously decided to hold the uncollateralized overnight call rate to remain at around 0 to 0.1 percent. The board also voted to conduct its bond purchase programme in line with the
He liked
Singapore Industrial Production Tumbles 9.2%
Singapore's industrial production declined at the fastest pace in seven months in March, data from the Economic Development Board revealed on Friday. Industrial production declined 9.2 percent year-on-year in March, reversing 4.4 percent growth in February. The expected fall was 1.5 percent. Further
He liked
WTI edges lower to near $83.50 amid a weaker demand outlook following US GDP
The WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday. US Treasury Secretary Janet Yellen said that US GDP growth for Q1 could be revised higher as more data becomes available. Israel intensifies air strikes on Rafah, disregarding cautions from allies regard
He liked
He liked
He liked
Japan Inflation: Tokyo Consumer Price Index rises 1.8% YoY in April vs. 2.6% expected
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
He liked
Pound edges higher after soft US GDP
The British is in positive territory on Thursday. In the North American session, GBP/USD is trading at 1.2492, up 0.23%. US GDP slows to 1.6% Is the US economy finally slowing down? Recent key indicators, from nonfarm payrolls to consumer inflation have been stronger than expected, but the markets c
He liked
He liked
AUD/USD outlook: Extended recovery attacks key resistance zone again
AUD/USD Strong rally extends into fourth consecutive day and retests pivotal barriers at 0.6526/29 (converged 200/55DMA’s) which capped attack previous day. Fresh strength offsets for now bearish signal on formation of daily inverted hammer candlestick on Wednesday, left after upside rejection and s
He liked
Meta takes a guidance slide amidst the battle between yields and earnings
Wednesday saw a back-and-forth session for traders grappling with the challenge of rising US yields amid encouraging earnings reports. However, late-hours trading witnessed a downturn in the S&P 500 as major tech stocks, including Meta Platforms Inc., experienced a sell-off. Meta's disappointing
He liked
Sensex, Nifty Likely To Open Lower As Meta Outlook Disappoints
Indian shares look set to open lower on Thursday, tracking weak cues from global markets and ahead of the expiry of April series derivative contracts. Tech stocks may come under selling pressure after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected r
Pull-up Update