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The Monthly Economic Report from Japan’s Cabinet Office is due ton Wednesday 20 March 2019  Nikkei have a heads up on what to expect: economy will likely once again be assessed as “recovering at a moderate pace”  will note potential risks from overseas economies: economic slowdown in China impacting Japan exports Chinese government stimulus package have eased concerns
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The Bund Bull stands in Shanghai. After defying skeptics with solid growth last year, does China’s stock market have any upside left? Photographer: Qilai Shen/Bloomberg photo credit © 2017 Bloomberg Finance LP© 2017 Bloomberg Finance LP China A-shares are still light years away from their June 12,2015 peak. But as long as the locals are
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Gold has posted small losses in Monday trading. In the North American session, the spot price for one ounce of gold is $1304.16, up 0.13% on the day. There are no major events on the calendar. In the U.S., consumer inflation remains soft, which means there is little pressure on policymakers to raise rates in
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The DAX has started the week with losses. In the Monday session, the DAX is at 11,660, down 0.21% on the day. In economic news, there is only one event on the schedule. The eurozone trade balance climbed to EUR 17.0 billion, close to the forecast of EUR 17.2 billion. This marked a 9-month high. On
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The pair moves higher and visits the 1.1350 region. The greenback trades on the defensive below 96.50. EMU Trade Balance next on tap in the docket. The optimism around the European currency remains well and sound on Monday and is now helping EUR/USD to advance to fresh 2-week highs in the 1.1350 area. EUR/USD looks
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Exports drop for a third straight month There was further evidence of a slowdown in global trade as Japan’s exports contracted for a third consecutive month in February. Exports fell 1.2% y/y and the headline was worse than economists had expected, with estimates looking for a 0.9% contraction. However, it was an improvement from January’s
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Share to facebook Share to twitter Share to linkedin Photocredit: © 2018 Bloomberg Finance LP© 2018 Bloomberg Finance LP The last posting about the oil price on February 17th pointed to higher prices into April. Oil was at $55.59 per barrel and has risen 5.3% to date. As mentioned in February, oil reached the $55.66
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Daily Markets Broadcast 2019-03-18 Wall Street rises but US30 index lags Wall Street indices climbed Friday, though the US30 index continued to be pressured by Boeing shares. The Nas100 index had its best week since November. European shares advanced after all the UK parliamentary Brexit votes had been completed. NAS100USD Daily Chart Source: OANDA fxTrade
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Wow, the Department of Transport is investigating the approval of Boeing’s 737 Max jetliners by the Federal Aviation Administration Wall Street Journal (gated) named ‘people familiar’ with the probe. This is an unusual inquiry into potential lapses in federal safety approvals for new aircraft. the inquiry focuses on a safety system that has been implicated in
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