(Bloomberg) — Stocks saw their gains fizzle out after some strong economic reports raised questions on whether the Federal Reserve will be able to decelerate its pace of monetary tightening soon.Most Read from...
Japanese Yen Talking PointsUSD/JPY rises for the second day following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price Index, and the exchange rate may continue to retrace the decline from...
The private-survey Manufacturing PMI from Caixin / S&P is due from China at 0145 GMT. Yesterday we had the official manufacturing and non-manufacturing PMIs from China. The results were awful:It wasn't a good...
Euro Rate Talking PointsEUR/USD snaps the recent series of higher highs and lows following the European Central Bank (ECB) meeting, and the exchange rate may struggle to retain the advance from the monthly...
OVERVIEW: The Bank of Japan will conclude its 2-day meeting on Thursday and the central bank is widely expected to keep its monetary policy settings unchanged with rates to be held at -0.10%...