samedi 14 février 2015
Key Fundamental Factors this Week (2/16-2/20)
Posted on 07:07 by nice news
Last week, poor Australian jobs data dragged down the Aussie further. The BoE inflation report revealed slightly better growth forecast, although the inflation concern remains. The pound was resilient. US retail sales data disappointed, and the USD pared recent gains. Let’s take a look at what fundamental factors are in store for us this week. In Q4, did Japan climb out of its recession ? Preliminary forecasts suggest it did. Economic data usually don’t impact the JPY. But a return to growth would be a key moment for the Japanese economy this year, and can signal to the BoJ not to extend stimulus further. Therefore, while the Japanese might not be bullish, it might be resilient and hold in consolidation if the GDP reading is in-line with forecasts.
Key Fundamental Factors this Week (2/16-2/20)
Categories: Key Fundamental Factors this Week (2/16-2/20)
Inscription à :
Publier les commentaires (Atom)
0 commentaires:
Enregistrer un commentaire