Japan's gross domestic product contracted an annualized 1.0 percent in the first quarter of 2022, the Cabinet Office said in Wednesday's preliminary reading. more...
Japan's tertiary activity improved for the first time in four months in March, data from the Ministry of Economy, Trade and Industry showed on Tuesday. more...
Industrial output in China was down 2.9 percent on year in April, the National Bureau of Statistics said on Monday - missing expectations for an increase of 0.4 percent and down from 5.0 percent in March. more...
Producer prices in Japan spiked a seasonally adjusted 1.2 percent on month in April, the Bank of Japan said on Monday. On a yearly basis, producer prices surged 10.0 percent - again topping forecasts for 9.4 percent and up from the upwardly revised 9.7 percent increase in the previous month (originally 9.5 percent). more...
Cable continues to be plagued with the ‘stagflation’ tag as risk to growth restrict lofty rate hike plans. The NI protocol issue returns following the EU’ new proposal. Weekly price is on bearish breakdown located in the bearish area of the chart. The price is trying to break the bearish triangle pattern with 1.2275 support level to below for the primary bearish trend to be continuing. more...
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