Prior +5.9% Core CPI +3.0% vs +3.1% y/y expected Prior +2.7% Euro area inflation hits another record high, with a big surge in March as energy prices are the main culprit. That said, the details also show that inflation in food prices, services and durable goods all also above the
Schlagwort-Archiv: Forex
The Business Cycle
An economy
undergoes periods of expansions followed by periods of contractions. These ups
and downs in economic growth are natural as the economy is basically a
reflection of human behaviour. The business cycle is divided into four phases:
expansion, peak, recession,
undergoes periods of expansions followed by periods of contractions. These ups
and downs in economic growth are natural as the economy is basically a
reflection of human behaviour. The business cycle is divided into four phases:
expansion, peak, recession,
OPEC+ said to agree to stick to existing oil output policy, vote to follow
Earthquake hits Japan’s Chiba prefecture, no tsunami warning
NHK reports on the matter, with witnesses saying that the earthquake has also shook buildings in Tokyo.
OPEC+ ministerial meeting begins
The result will be them sticking to the status quo. So, carry on as you will.The focus today in the oil market is on the purported threat of SPR releases by the Biden administration. But it is best to be reminded that strategic reserve releases will do nothing to fix structural issues in the oil mar
ForexLive European FX news wrap: Dollar firmer going into month, quarter-end
Headlines:Oil down over 5% after Biden threatens biggest emergency oil reserve drawICYMI: Russia-Ukraine talks to resume again on 1 AprilJapan PM Kishida: FX stability is important, sharp moves are undesirableOPEC+ reportedly to stick with existing oil output plan in today’s meetingIEA to make OPEC+
OPEC+ JMMC meeting reportedly ends, recommends sticking with existing output policy
The headlines are from Reuters, citing sources with knowledge of the matter. As mentioned earlier, expect the OPEC+ meetings today to be brief as there isn’t anything that warrants extra consideration to deviate from their existing stance. As such, they will agree to increase oil output by 432k bpd
Germany March preliminary CPI +7.3% vs +6.3% y/y expected
Prior +5.1%CPI +2.5% vs +1.6% m/m expectedPrior +0.9%HICP +7.6% vs +6.7% y/y expectedPrior +5.5%HICP +2.5% vs +1.8% m/m expectedPrior +0.9%
ForexLive European FX news wrap: Dollar struggles, Spain and Germany inflation soars
Headlines:EUR/USD climbs to four-week high amid sluggish dollarThe early signs point to some brutal inflation numbers from EuropeSpain March preliminary CPI +9.8% vs +8.0% y/y expectedSaxony March CPI +7.0% vs +4.9% y/y priorBavaria March CPI +7.8% vs +5.3% y/y priorNorth Rhine Westphalia March CPI
Getting Investment Advice on Social Media: A Good Idea?
Going through a broad
range of investment ideas and advice on social media can be exhausting and
challenging. So, would it be better to look for financial information outside
social media?
range of investment ideas and advice on social media can be exhausting and
challenging. So, would it be better to look for financial information outside
social media?
If you tend to go to
social media to determine your next investment move, you need to proceed with
ca