EUR/USD 1.18547
0.287%
Gold 5068.43
1.745%
Oil 60.661
-0.652%
USD/JPY 154.055
-1.128%
GBP/USD 1.36618
0.188%
GBP/JPY 210.473
-0.942%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Israel Defense Forces: The body of the last hostage in Gaza has been recovered.On January 26th, Goldman Sachs predicted a uneventful January Federal Open Market Committee (FOMC) meeting, with most parties expected to agree to keep interest rates unchanged. The bank noted that Governors Waller and Bowman are likely to support this decision, while Stephen Milan will be the only dissenting voice. Goldman Sachs forecasts that the Fed will cut rates twice in 2026, with the first cut possibly in June.U.S. durable goods orders in November 2025 saw their biggest increase in six months, driven primarily by orders for commercial aircraft and other capital equipment. According to the Commerce Department, durable goods orders rose 5.3%, compared to a revised 2.1% decline in the previous month. Data released Monday also showed that core capital goods orders, excluding aircraft and military equipment (reflecting business investment in equipment), rose 0.7% month-over-month, exceeding expectations.On January 26, Indian Trade Minister Rajesh Agrawal announced that India and the European Union had completed negotiations on a highly anticipated trade agreement. This move is considered historic by both sides amid strained relations between the United States and the EU. Agrawal stated, "This will be a balanced and forward-looking agreement aimed at deepening economic integration with the EU. The agreement will promote bilateral trade and investment."U.S. durable goods orders rose 5.3% month-on-month in November, the largest increase since May 2025.

AUD / JPY Falls Below 91.50 Despite RBA Rate Increase Prospects

Alina Haynes

Mar 07, 2023 13:41

 AUD:JPY.png

 

The AUD / JPY pair has moved its auction below 91.50 during the early Asian session. The risk barometer is confronting offers while attempting a recovery, and it is anticipated that its decline will continue to around 91.30. Despite increasing likelihood of a hawkish monetary policy from the Reserve Bank of Australia, the cross shows no signs of recovery (RBA).

 

The Consumer Price Index (CPI) for January showed a significant deceleration, but not enough for the RBA to suspend its policy tightening.

 

GDP increased by 0.5% in the fourth quarter, which was less than the consensus estimate of 0.8% and the previous release of 0.7%.

 

Analysts at SocGen believe that "recent signals in the macroeconomic data, such as the decline in inflation, the revival in the unemployment rate, relatively tepid wage growth, and the confirmation of a decline in consumption, all support a 25 basis point increase in March." Despite the markets' more pessimistic view of US Fed policy, they sustain our baseline scenario of a terminal policy rate of 3.85%.

 

, The annualized GDP data indicate that the Japanese economy has expanded by 0.8%, which is 0.8% more than the previous expansion of 0.6%. While it is expected that the quarterly statistics will show a steady growth of0.2%, it is anticipated that the yearly growth rate will be 0.4%.


Suggestion