...2800.00, 2900.00, 3000.00
Alternative Scenario:
Sell Stop 2605.00
Stop-Loss: 2642.00
Targets: 2600.00, 2580.00, 2542.00, 2500.00, 2480.00
*) Targets correspond to support/resistance levels. While these levels may not always be reached, they can serve as useful benchmarks for planning...
The Canadian dollar is concluding the year on a pessimistic note, with little opportunity for reversing its weakening trend.
Preliminary data revealed that Canada's GDP contracted by 0.1% in November, following a 0.3% growth in the previous month. This marks the first negative reading of the...
Japan's labor market has hit a plateau, as the jobs-to-applications ratio remained unchanged at 1.25 for November 2024, as per the latest data released on December 26, 2024. This marks two consecutive months where there has been no variation in this economic indicator, following similar figures...
The Tokyo Consumer Price Index (CPI), excluding fresh food to reflect core inflation, registered an increase this December, as per data released on December 26, 2024. The Tokyo Core CPI, a key economic indicator in Japan, has risen to 2.4%, marking a slight increase from November 2024's 2.2%...
The Tokyo Consumer Price Index (CPI) witnessed an uptick in December 2024, as it reached 3.0%, further climbing from the previous rate of 2.6% recorded in November 2024. This latest data update, released on 26 December 2024, marks a noteworthy shift in the year-over-year comparison of consumer...
Japan's labor market continues to demonstrate resilience as the unemployment rate remained unchanged at 2.5% in November 2024, according to the latest data update on December 26, 2024. This steady rate signals sustained stability in the nation's job market following the same 2.5% figure reported...
In the latest economic data release on December 26, 2024, Tokyo's Consumer Price Index (CPI) excluding food and energy has shown a slight decline. The indicator for December stood at 1.1%, down from November's 1.2%. These figures reflect a year-over-year comparison, providing insight into the...
In December 2024, Japan's Consumer Price Index (CPI) for Tokyo, excluding food and energy, recorded a reading of 0.0%, marking a stable month-on-month performance after a marginal rise of 0.1% in November 2024. The update, released on December 26, 2024, highlights the cooling momentum in...
In a surprising turn of events, Japan's industrial production has taken a nosedive, halting at -2.3% in November 2024. This sharp decline comes on the heels of a 2.8% growth reported just a month prior in October 2024, according to the updated data released on December 26, 2024.
This...
Japan's industrial production figures have rebounded strongly in December 2024, marking a significant turnaround from the previous month. According to the latest data updated on December 26, 2024, the country's industrial output climbed to 2.1%, a substantial improvement from the November...
In an impressive end to the year, Japan's retail sales saw a notable increase in November 2024, reaching 2.8%. This marks a significant rise from October's growth rate of 1.6%, highlighting a robust improvement in consumer spending year-over-year. The data, updated on December 26, 2024, suggests...
The headline Tokyo Consumer Price Index (CPI) for December rose 3.0% YoY as compared to 2.6% in the previous month, the Statistics Bureau of Japan showed on Friday.
...2.9%, prior 2.6%
Core (excluding fresh food) +2.4%
expected 2.5%, prior 2.2%
Core-core (excluding food and energy) 2.4% y/y
prior 2.2%
***
I'd think this will keep the Bank of Japan on track for a January interest rate hike.
Ueda spoke earlier this week:
BOJ governor Ueda: We...
Jobless rate steady at 2.5%
expected 2.5%, prior 2.5%
Job to applicant ratio steady also at 1.25%
expectedd 1.25, prior 1.25%
Nothing to see here ...
Inflation data out at the same time:
Tokyo area December inflation data: Headline 3.0% y/y (expected 2.9%)
Still to come, the BoJ...
Japan Industrial Production for November 2024, preliminary reading
% m/m
expected -3.4%, prior 2.8%
% y/y
prior 1.4%
**
Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines.
This article was written by...
At 01:50 (GMT+2), Japan will release its November industrial production data, which measures the amount of manufactured goods and utilities produced in the country, considering the manufacturing, mining, and power industries. It may fall from 2.8% to –3.4%, putting pressure on the yen. Read more
At 01:50 (GMT+2), Japan will release its November retail sales data. The indicator records the volume of goods retail enterprises sold, based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic...