
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
Confidence among Japanese manufacturers has soared for an eighth straight month to a level not observed since before the 2008 global financial downtime, as a Reuters poll found, reflecting output as well as export revenues led by overseas economic revival.
The Reuters' monthly survey, tracking the Bank of Japan's major quarterly tankan also demonstrated that confidence at service-sector companies reached a three-month peak, a sign that the effects of an export-led economic revival are gradually spreading.
The Reuters Tankan illustrates the signs of life Japan's economy has demonstrated in recent months because global demand has revived notwithstanding the weakness in private consumption, which constitutes approximately 60% of the Japanese economy.
In the survey of 529 large as well as mid-sized companies, conducted between April 4-17, with 261 responded, in April the sentiment index for manufacturers inched up one point to 26, led by manufacturers of items, including metals, food and machinery.
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
There’s a likelihood next month that Greece won’t receive up to 750 million euros, it’s expected to get under a debt relief deal with the EU concluded in 2018 because this European country has failed to complete a number of agreed reforms…
Next month, the European Central Bank is on the verge of reassessing the outlook for bank lending next month because there’s a likelihood that EU financial institutions could tighten credit supply and drive the current economic deceleration…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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