Boj Meeting Summary: One Member Disagrees With 10-Yr Jgb Target Around Zero Pct, says Yield Curve Should be a Little Steeper

BOJ MEETING SUMMARY: ONE MEMBER DISAGREES WITH 10-YR JGB TARGET AROUND ZERO PCT, SAYS YIELD CURVE SHOULD BE A LITTLE STEEPER
The material has been provided by InstaForex Company – www.instaforex.com

The post Boj Meeting Summary: One Member Disagrees With 10-Yr Jgb Target Around Zero Pct, says Yield Curve Should be a Little Steeper appeared first on forexnewstoday.net.

Continue Reading

Crude Oil Price Forecast: Price Test of Key Zone As Positions Swell

Crude Oil Price Forecast: Price Test of Key Zone As Positions Swell

Talking Points:

Crude Oil Technical Strategy: Price remaining above support (50/52) favors eventual upside

COT-Crude Oil Record Spec AND Hedger Positions

Resistance set at corrective double top at $54.29/31 per barrel, evening star top

The post Crude Oil Price Forecast: Price Test of Key Zone As Positions Swell appeared first on forexnewstoday.net.

Continue Reading

Japan Current Account Data Due On Wednesday

Japan will on Wednesday release December numbers for current account, highlighting a modest day for Asia-Pacific economic activity.

The current account is expected to show a surplus of 1,183.3 billion yen, down from 1,115.5 billion yen in November. The trade balance is tipped to show a surplus of 751.1 billion yen, up from 313.4 billion yen a month earlier.

Japan also will see January figures for bank lending; in December, bank lending was up 2.6 percent on year – both overall, and excluding trusts.

Taiwan will see January figures for consumer and wholesale prices. CPI is expected to rise 2.02 percent on year after gaining 1.7 percent in December, while WPI is pegged at 1.5 percent – up from 1.41 percent in the previous month.

Malaysia will provide December data for imports, exports and trade balance. Imports are expected to add 10.2 percent on year after rising 11.2 percent in November. Exports are called higher by 9.6 percent after gaining 7.8 percent in the previous month. The trade surplus is pegged at 9.2 billion ringgit, up from 9.03 billion ringgit a month earlier.

The central bank in Thailand will wrap up its monetary policy meeting and then announce its decision on interest rates; the bank is widely expected to keep its benchmark lending rate unchanged at 1,50 percent.

The material has been provided by InstaForex Company – www.instaforex.com

The post Japan Current Account Data Due On Wednesday appeared first on forexnewstoday.net.

Continue Reading

U.s. Gasoline Futures Extend Losses in Post Settlement Trade After Api Data Shows Bigger-Than-expected Build in Stockpiles

U.S. GASOLINE FUTURES EXTEND LOSSES IN POST SETTLEMENT TRADE AFTER API DATA SHOWS BIGGER-THAN-EXPECTED BUILD IN STOCKPILES
The material has been provided by InstaForex Company – www.instaforex.com

The post U.s. Gasoline Futures Extend Losses in Post Settlement Trade After Api Data Shows Bigger-Than-expected Build in Stockpiles appeared first on forexnewstoday.net.

Continue Reading

Oil Prices Extend Losses in Post Settlement Trade After Api Data Shows Much Bigger-Than-expected Build in Crude Stockpiles

OIL PRICES EXTEND LOSSES IN POST SETTLEMENT TRADE AFTER API DATA SHOWS MUCH BIGGER-THAN-EXPECTED BUILD IN CRUDE STOCKPILES
The material has been provided by InstaForex Company – www.instaforex.com

The post Oil Prices Extend Losses in Post Settlement Trade After Api Data Shows Much Bigger-Than-expected Build in Crude Stockpiles appeared first on forexnewstoday.net.

Continue Reading