Inflation at Wholesale Level in Japan Decelerates for the Sixth Consecutive Month
Inflation at Wholesale Level in Japan Decelerates for the Sixth Consecutive Month Japan’s wholesale inflation has been witnessing a steady slowdown for the sixth consecutive month as of June, largely attributed to the declining prices of fuel and commodities. The data, released on Wednesday, indicates an easing of the cost-push pressure that has previously escalated […]
Nikkei Paces Asia in Market Gains, China Trails
Nikkei Paces Asia in Market Gains, China Trails Asian stock markets kicked off the week on a positive note, with Japan’s Nikkei Index spearheading the gains while China trailed. The surge in demand for tech stocks fuelled Japan’s market, as investors prepared for a week filled with data that will offer vital insights into the […]
GBP/JPY Hits 183.00, a Level Unseen Since December 2015; Recession Fears Curb Gains
GBP/JPY Hits 183.00, a Level Unseen Since December 2015; Recession Fears Curb Gains On Tuesday, during the early European trading session, the GBP/JPY pair rose to 183.00, a level not seen since December 2015. However, traders are waiting for a sustained break above this level before initiating new bullish positions. The Japanese Yen (JPY) remains […]
Bank Of Japan Could keep same Policy
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Bank Of Japan Could keep same Policy The Bank of Japan kept the same outlier as compared to the other major central banks which have been raising interest rates at a fast pace throughout this year in a synchronized attempt to bring the inflation down. This resulted in a down yen and fording […]