The World Bank releases its updated growth forecasts for East Asia and Pacific Well, if in doubt always adjust your forecasts accordingly to what the higher-ups in China are .
Forex and Bitcoin news for Asia trading Thursday 12 April 2018 – NEWS: – NEWS: – NEWS: – NEWS: – NEWS: – NEWS: Very early in the session here saw plenty of headlines cross re Syria Still to come:
Further comments by China’s commerce ministry Nothing out of the usual from China here. Continues with the same rhetoric over the past few days – that their decision to go through with reforms and open up does not have anything to do with trade talks with the US.
Barclays lower their Japan Q1 real GDP growth forecast to +0.1% q/q (+0.3% saar) – from their previous at +0.3% (+1.4%) See growth temporarily slipping below potential (+0.5-+0.8% annualized)
UAE energy minister Suhail Al-Mazroui on the wires No guesses as to what “alliance” he is referring to. The key date for the OPEC+ pact will be on 22 June, when the next OPEC meeting in Vienna will be held.
Waning demand for Treasuries is not a good sign for the Trump administration Earlier in the week, showed that Japanese investors dumped a record amount of US Treasuries for the month of February. While that owed in part to the higher hedging costs as highlighted at the time, it’s also worth mentioning what the decline
BOJ releases their April Sakura report on their assessment of economies of domestic regions Majority of the assessments for April skew towards that of “the economy has been expanding moderately”.
Tensions in Syria and China’s harsh-sounding words on the trade front keeps investors in check Only Korea’s main index bucked the trend, as the . Bank of Korea held key rates steady at 1.50% and revised their inflation forecast lower
As surveyed by Bloomberg as of 11 April The median estimate is for the index to steadily rise to 23,750 by year-end. That represents about a 9.8% increase from current trading levels.
A preview of what’s to come in European trading Howdy, everyone! Hope you’re all doing well today as we head into the closing stages of the week. It’s been a quiet one in the currency space despite the ongoing escalation in geopolitical tensions. Market ranges remain narrow, so let’s hope that European traders can bring…