Japanese Tertiary Industry Activity Index In Line With Market Expectations
Japanese Tertiary Industry Activity Index In Line With Market Expectations
Japanese Tertiary Industry Activity Index Actual -0.6%, Expected -0.6%, Previous -1.4%
Release Explanation: This report evaluates the monthly change in output that is produced by Japans service sector. Japans economy is weighs heavily on exports and because this report excludes manufacturing and only measures the services industries […]
Not Much Change as Majors Remain Calm With the US Markets Away
Not Much Change as Majors Remain Calm With the US Markets Away
Since the morning, trading has been of low volumes showing the sideways trend on all the charts for all the majors in the markets. And as we continue our day, the markets have not changed since the US markets are away for Veteran’s day […]
U.S.: FOMC Cuts Fed Funds Rate by 50bps, with Dovish Bias
U.S.: FOMC Cuts Fed Funds Rate by 50bps, with Dovish Bias The Fed cuts interest rates by 50bps to 1.00%. The accompanying statement appears to point to a downward bias for future monetary policy. The tone of the communiqué was decidedly dovish.
The U.S. FOMC (unanimously) decided to reduce the fed funds rate by 50bps to […]