The Nikkei 225 has powered up to 26-year highs this week and this is only the latest chapter of an astonishing run higher which began in early September. Fundamentally the Tokyo equity benchmark’s vigour is partly explained by the return of Prime Minister Shinzo Abe in October’s snap election. A better-than-expected second-quarter earnings season has also helped. Around 62% of listed companies managing to beat estimates, with heavyweights like ...
After more than a year of argument, meetings, random unofficial server mergers, and yet more arguments from various members of the community, we’ve finally got an announcement on Blizzard’s Classic Server push for World of Warcraft: It’s coming. more...
Sunsets in Santa Barbara
GBP/USD was looking for a new direction after that dovish hike from the BoE and as Brexit talks are trying to get out of the ditch. The upcoming week features three top-tier publications: inflation, jobs, and retail sales. Inflation report: Tuesday, 9:30. The weakness of the British pound following the EU Referendum last year is the main contributor to higher prices.Jobs report: Wednesday, 9:30. Weak wages will probably take center-stage ...
EUR/USD managed to tick up amid OK data from Europe and weakness in the US dollar. GDP data stands out in a busier week. Here is an outlook for the highlights of this week. German GDP (preliminary): Tuesday, 7:00. The so-called “locomotive” of the euro-zone has enjoyed a growth rate of 0.6% q/q in the second quarter of 2017. Q3 should be similar.German CPI (final): Tuesday, 7:00. The final read will likely confirm this number.German ...
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