
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese economy.
The wages figures actually support recent data demonstrating that household spending dived more than expected, while in March core consumer prices ascended at a slower-than-expected pace, suggesting an exit from the major bank's radical quantitative easing program is still distant.
In March, inflation-adjusted real wages went down 0.8% from a year earlier to mark their greatest rate of drop since June 2015, as labor ministry data disclosed on Tuesday.
In nominal terms, in March wage earners' cash earnings went down 0.4% year-on-year, also notching the greatest rate of decline since June 2015.
The data actually underscores the fragile also and patchy nature of Japan's economic revival.
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
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Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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