US Payrolls Will Take Center Stage Today

As the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades. The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against the backdrop of Japan’s economic boom, which began in the 1980s and continued until the early 1990s. Nikkei 225 growth […]

Like other major currencies, the New Zealand dollar is under pressure from the strong US dollar. This development comes after the Federal Reserve’s updated forecasts last week. Stock market expectations point to only one interest rate cut this year, most likely in December. Earlier, some American monetary policymakers confirmed these expectations, calling them reasonable. The […]

Cable fell 0.35% in immediate reaction to softer than expected UK inflation numbers in July. Although the BoE expected inflationary pressure to rise after CPI stayed at 2% target in past two months, weaker than expected July figure adds to expectations for more rate cuts that deflated sterling. Fresh dip emerged after repeated failure to […]