
Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Industrial production in Japan fell by 6.2%
Today have been published important data on industrial production in Japan, which fell by 6.2% in February, against a growth by 3.7% in January. It is worth noting that analysts had forecasted a decline by only 5.8%. Despite this statistic, the yen was higher against the US dollar. The main reason for such dynamics has become soft rhetoric of the Fed chief regarding the increase in US interest rates. According to our estimates, the growth potential is limited and we are waiting for the resumption of the negative dynamics of the yen with the potential of decline by 6-8% in the coming months.
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Wednesday, 30 Mar, 2016 / 12:31
Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Muted Moves In Metals Following Heavy Sell-Off
Gold Following the volatility last week as gold sold off in response to the [...]
Biden’s $1.9 trillion stimulus plan sparks profit-taking
Stock markets drift lower as Biden’s relief plan raises [...]