
What happened? On Monday, February 21, Russian President Vladimir Putin signed decrees recognizing the sovereignty of the Donetsk and Lugansk People's Republics…
In April, Japanese manufacturing activity rose at a faster tempo than the previous month, as the final results of the Nikkei survey disclosed today. As a matter of fact, new orders increased in sign of the Japanese economy reviving from the expected considerable decline in the first quarter.
Nevertheless, the growth of new export orders has speeded down abruptly due to a stronger yen, thus generating extra risk for the Japanese export sector of the industry, even when global trade tensions are rising.
The final index of purchasing managers in Japan from Nikkei rose to 53.8 in April, taking into account seasonal fluctuations, versus an average of 53.3 as well as a final of 53.1 in the previous month.
The index remained above the value of 50, which separates the expansion from the contraction for the 20th month in a row and also grew in three months for the first time.
As some market experts pointed out data for April indicate a resumption of the acceleration of the surge of the Japanese industrial sector. However, the subcomponent of the index of new export orders has considerably headed south, although it remained on the territory above 50, to indicate only the marginal growth rates.
The final index for all new orders accounted for 53.8, which appears to be more than the preliminary 53.5 as well as the final 53.1 in the previous month, although the growth of export orders has speeded down abruptly only to the marginal levels.
The Japanese yen has risen by up to 3% since the beginning of the year against the evergreen buck, and some economists have expressed concern that Japan's exports might weaken if the Japanese yen jumps, as it pushes up export prices.
What happened? On Monday, February 21, Russian President Vladimir Putin signed decrees recognizing the sovereignty of the Donetsk and Lugansk People's Republics…
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong.
The crypto market keeps recovering. Bitcoin has broken above $57,000. The way up to $60,000 is open now!
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.