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Trump’s agenda and Fed to set the tone for 2025 Eurozone politics, a dovish ECB and weak growth in the spotlight The UK is in better shape, but the budget could prove a major headwind Pound strength may persist in early 2025, the euro might find its moment later on If the stars align, 2025 […]

The post Euro Might Finally Outperform the Pound in 2025 appeared first on Action Forex.

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06/12/2023

First Impressions: Australian National Accounts, September Quarter

Australia’s economy hit the wall in the September quarter. Output growth was a very weak 0.2%, or a sharp contraction in per capita terms of -0.5%qtr. Strikingly, consumer spending stalled, with a flat result and a decline in per capita terms of -0.6%qtr, as real disposable income collapsed, contracting -1.3%qtr, -4.3%yr. The Australian economy almost […]
05/12/2023

Japanese Yen Steady, Tokyo CPI Falls

Tokyo Core CPI eases to 2.3% US to release ISM Services PMI later today The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading at 147.08, down 0.10%. Tokyo Core CPI softer than expected Tokyo Core CPI, a leading indicator for nationwide inflation, climbed 2.3% y/y in November. This was […]
13/11/2024

Australia: Wage Inflation Moderating as Expected

First Impressions: The WPI rose 0.8% in the September quarter, on par with Westpac’s forecast and below the market consensus of 0.9%. The market range was from 0.8% to 1.0%. On an annual basis, wages are up 3.5%yr, down from 4.1%yr in June and the peak of 4.2%yr in December 2023. Wage inflation has continued […]