- Story Log
User | Time | Action Performed |
---|---|---|
-
Euro futures rise to 1.104 level, 12/26/23
- Comments
- Subscribe
-
- Older Stories
The S&P 500 is now up over 15% since October 27th. And the Santa rally markets have been experiencing since just before Thanksgiving continues even after he dropped his presents ...
For currency traders betting on the yen rally, a Jefferies strategist has a warning: Don’t get carried away. The Japanese currency has advanced more than 6% against the dollar ...
Barry Knapp, Ironsides Macroeconomics managing partner, joins 'The Exchange' to discuss the markets, economy and equity outlook for 2024.
-
- Newer Stories
In 2023, S&P 500 has bounced back from the difficult environment in 2022 that saw a decline of more than 19%. Year to date, the index has been closing with 132 positive days and ...
Opinions on Economic and Financial Developments: Economic Developments: • Japan's economy has recovered moderately and is likely to continue to do so. However, there remain extremely high uncertainties surrounding economic activity and prices. • The domestic economy has been resilient on the whole. Although there are geopolitical risks and concern over slowdowns in overseas economies, private consumption seems to have continued on an uptrend, despite being affected by price rises, and corporate profits and business fixed investment plans have been solid. • Regarding the outlook for private consumption, a key issue is whether wage hikes will continue and can support private consumption from the household income side. • Since augmenting firms' management resources enables them to gain a higher degree of autonomy, attention is warranted on the growth of small and medium-sized firms with a relatively large-scale business operation, larger firms, and startups. • If firms adopt stronger cost-cutting measures in response to lower capacity utilization due to the yen's appreciation and slowdowns in overseas economies, they could have less of an appetite for wage hikes and investment. Therefore, close attention is required on firms' profit post: BOJ SUMMARY: ONE MEMBER SAID MUST SCRUTINISE WAGE, PRICE MOVES UNDER YCC GIVEN STRONG UPWARD PRESSURE ON PRICES LIKELY STABLISED post: BOJ DEC 18-19 MEETING SUMMARY OF OPINIONS: ONE MEMBER SAID MUST PATIENTLY MAINTAIN MONETARY EASING post: BOJ SUMMARY: ONE MEMBER SAID EVEN IF NEXT SPRING'S WAGE HIKES ARE CONSIDERABLY HIGHER THAN EXPECTED, RISK THAT THIS WILL CAUSE UNDERLYING INFLATION TO SIGNIFICANTLY EXCEED 2% IS SMALL post: BOJ SUMMARY: ONE MEMBER SAID WE ARE NOT IN SITUATION WHERE WE WOULD FALL BEHIND THE CURVE IN RAISING RATES, EVEN IF WE DECIDED TO WAIT AFTER SEEING WAGE TALK OUTCOMES NEXT SPRING
FX: USD is hovering just above a five-month low after its technical breakdown a few sessions ago. Trading was thin with several markets including the UK, Australia, Hong Kong and ...
- Story Stats
- Posted: Dec 26, 2023 5:43pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,828