Economic News Category

January 24, 2024
Japan’s Exports Surpass Expectations with Resurgence in Shipments to China

Japan’s Exports Surpass Expectations with Resurgence in Shipments to China In a significant economic turnaround, Japan experienced its fastest growth in exports in a year last month, signaling a strong possibility of the nation’s economy rebounding in the October-December quarter. The surge in exports, which rose by 9.8% in December compared to the same period

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January 23, 2024
BOJ Maintains Easy Monetary Policy, Confident in Achieving Inflation Target

BOJ Maintains Easy Monetary Policy, Confident in Achieving Inflation Target The Bank of Japan (BOJ) has kept its ultra-easy monetary policy unchanged, in line with expectations, as it assesses if wage increases will consistently support the 2% inflation target. The central bank expressed a stronger belief that conditions for ending its extensive stimulus are aligning,

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January 22, 2024
NZ Dollar Outlook Brightens as Interest Rate Cut Bets Trimmed

NZ Dollar Outlook Brightens as Interest Rate Cut Bets Trimmed The New Zealand dollar (NZD) appears to be emerging from a challenging period, with factors such as higher dairy prices and a delay in expected interest rate cuts by the country’s central bank contributing to a more positive outlook for the currency. Forecasts suggest that

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January 19, 2024
Surge in China Swap Market Activity as Traders Pursue FX Bypass Strategies

Surge in China Swap Market Activity as Traders Pursue FX Bypass Strategies Trading in China’s onshore swaps market has seen a significant surge, reaching a nine-year high. This market has become increasingly popular among a diverse range of participants, including foreign entities, local institutions, state banks, and corporations, all eager to explore alternative avenues to

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January 18, 2024
Australian Dollar Recovers Partially Following Moderate Australian Economic Data

Australian Dollar Recovers Partially Follotwing Moderate Australian Economic Data The Australian Dollar (AUD) has been struggling to recover from its losses since January 11, following strong economic data from the United States (US) and increased geopolitical tensions. The strength of the AUD/USD pair has been waning, particularly after the US announced robust economic figures on

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