Market Overview - Page 81

After last year’s shock, Japan’s economic indicators are slowly returning to normal. But conditions are still unsuitable for raising interest rates for the Bank of Japan. This is not good news for the Yen. The interest rate differential, which has.

Consumer inflation in China fell to 0.7% YoY in March from 1.0% in the previous month. Last month’s producer price index was 2.5% lower than a year earlier, accelerating its decline from 1.4% in February. The hypothesis that China’s move.

The US economy added 236K jobs in March, very close to the average forecast. The unemployment rate fell 0.1 percentage point to 3.5%, while the labour force participation rate rose from 62.5% to 62.6%, vs the expected fall to 62.4%..

One of the most timely and unpredictable economic reports, the US Nonfarm Payrolls report for March, will be released on Friday. Market participants will look to other publications to shed light on the situation. The average forecast among market participants.

This week’s PMI business activity figures were much weaker than expected, reflecting the impact of the sharpest monetary tightening in more than 40 years on the economy. The ISM’s service sector data attracts the most interest from market participants as.

The Reserve Bank of New Zealand made another rate hike of 50 points to 5.25%. Contrary to forecasts of a 25-point rate hike and the global trend towards a slowdown in policy tightening, the RBNZ has not slowed down a.

Over the weekend, OPEC+ unexpectedly announced a production cut of 1.16 million bpd. Separately, Russia extended its voluntary cut by 0.5 million barrels from March to the end of the year. The unexpected decision caused oil to jump at the.

The dollar index is ending with a decline for the fourth of the last five weeks, almost completely erasing the gains from February’s rise. Although it cannot be ruled out that the quarterly portfolio shakeout will create traction in the.

Market picture The crypto market’s capitalisation fell by 1.1% over the past day to 1.17 trillion, which resembles profit-taking after 50% of market growth in the first quarter of this year. Bitcoin underwent an even more active sell-off the night.

Preliminary estimates for Germany indicated an increase in consumer prices in March by 0.8% m/m and 7.4% y/y, which is higher than the average growth forecasts of 0.7% m/m and 7.3% y/y. In March last year, prices jumped by 2%.

S&P500 futures are currently trading at a 3-week high. Returning to the territory above 4000 and exiting above the previous week’s highs set up optimism. Since March 13, the S&P500 daily candlesticks have been showing an uptrend. The index is.

UK credit and money supply data published on Wednesday mostly came out weaker than expected, indicating a continued tightening of financial conditions. The unexpected exception was the number of approved mortgage applications. The M4 unit shrank by 0.4% m/m, contrary.