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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...
Japan posted a current account surplus of 2,549.3 billion yen in March, the Ministry of Finance said on Thursday - up 2.8 percent on year. more...
Japan's leading index increased in March after easing in the previous month, preliminary data from the Cabinet Office showed on Wednesday. The leading index, which measures the future economic activity, rose to 101.0 in March from 100.1 in February. more...
Consumer prices in China were up 2.1 percent on year in April, the National Bureau of Statistics said on Wednesday. more...
The services sector in Japan swung into expansion territory in April, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 50.7. more...
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