Various indicators show underlying inflation moving towards 2% inflation sustainably Some effects of monetary policy steps appear with a lag Want to scrutinise how policy decisions so far could affect the economy Neutral rate is an important means in deciding monetary policy But need to take into account features of various data, models, and assumptions […]
Singapore’s industrial production contracted for the first time in eight months in February, preliminary data from the Economic Development Board revealed on Wednesday. Industrial production dropped 1.3 percent year-on-year in February, reversing an 8.0 percent sharp growth in January. Meanwhile, economists had expected a further growth of 7.5 percent. Excluding biomedical manufacturing, industrial production rose
Commodity currencies are finding a bid in Asian session today, though still largely range-bound against Dollar. A sharp rally in Copper prices, driven by US tariff fears, is likely giving Aussie a tailwind, countering lingering drag from today’s slightly weaker-than-expected inflation data. Meanwhile, Loonie is benefitting from speculation that Canada may be assigned lower tariffs
Gold price ticks lower on Wednesday amid some USD dip-buying. A positive risk tone further weighs on the safe-haven precious metal. Trade jitters, US recession fears, and Fed rate cut bets help limit losses. Gold price (XAU/USD) struggles to capitalize on the previous day’s move higher and attracts some intraday sellers during the Asian session
Changes in global environment will be challenging for China The narrative is building on this front with many calling for Beijing to step up support, especially on services consumption. From last week: China economists urge Beijing to continue ramping up support for services consumption This article was written by Justin Low at www.forexlive.com. Source link
NZD/USD appreciates as sentiment improves following S&P Global Ratings’ projection that New Zealand will be less affected by US tariffs. Bullish momentum persists in New Zealand equities, driven by signs of domestic recovery after country exited recession in Q4 2024. Federal Reserve Governor Adriana Kugler reaffirmed that the Fed’s interest rate policy remains restrictive and
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
2025.03.24 2025.03.26 Weekly Economic Calendar for 31.03.2025–06.04.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The US dollar is attempting to relieve pressure, benefiting from its status as a safe-haven asset amid geopolitical concerns. Next week, the US is scheduled to introduce mutual tariffs, leaving investors eager to gauge the potential impact on market movements. Although Fed Chairman Jerome Powell has
Citing sources, the Toronto Star reported on Wednesday that Canada could be on the lower end of the April 2 tariffs. Key quotes Nothing is guaranteed.Trump may impose three escalating levels of tariffs.Despite a recent news report, the tiered approach is not on the table, the sources said it aligns with the government’s understanding of what’s about to
Morgan Stanley has upgraded both the MSCI China and Hang Seng indices to equal weight, pointing to what it sees as a structural regime shift in Chinese equities—particularly in the offshore segment. The bank argues that after years of deflationary drag, a recovery in return on equity (ROE) and valuations is taking hold. Key to
The Composite Business Sentiment Index (CBSI) for all industries in South for Mar 2025 was 86.7, up 1.4 points from the previous month, the Bank of Korea said on Wednesday. The outlook for the following month fell by 2.4 points to 85.6. In the manufacturing sector, the CBSI for Mar 2025 was 91.9, up 1.8
United States (US) President Donald Trump spoke to reporters on Tuesday, reiterating his insistence that his administration’s tariff proposals will increase government revenues, create jobs, and counter-intuitively lower taxes, three key components of all government trade policy that tend to move in opposite directions of each other. Trump also reiterated that the European Union (EU)
Australian CPI expected to remain at 2.5% Australia releases the inflation report early on Wednesday.Headline inflation is expected to remain unchanged at 2.5% y/y. Inflation is at its highest level since August 2024 and the Reserve Bank of Australia will be keeping a keen eye on the direction of inflation. The RBA took the plunge
Bitcoin technicals Bitcoin moved lower earlier today, but buyers stepped in at the 200-bar moving average on the 4-hour chart, currently at $86,703. Sellers attempted to push the price below that level, but momentum quickly faded, indicating that short-term control remains with the buyers. A sustained move below the 200-bar MA would be needed to
Business confidence in Belgium continued to fall in March, driven by the weakness in all sectors except trade, survey data from the National Bank of Belgium showed on Tuesday. The business confidence index dropped to -15.1 from -12.3 in February. Economists had forecast a score of -11.4. “The downturn in the business climate was particularly
2025.03.25 2025.03.25 Stellar (XLM) Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Stellar is a blockchain network that primarily focuses on cross-border payments and remittances. Its native Lumens (XLM) token facilitates low-cost transactions, acting as an intermediary for currency exchange. The Stellar project is expanding partnerships with various financial institutions, including remittance-oriented companies
US CB Consumer Confidence Index declined further in March. The US Dollar Index trades on the defensive near recent lows. US consumer sentiment extended its decline in March, as the Conference Board’s Consumer Confidence Index fell from 98.3 to 92.9—its weakest reading since February 2021. Views of current business and job market conditions also slipped,
