Japan is on Mountain Day holiday today – markets are closed. US bond trade impacted.

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Japanese markets are closed today for the Mountain Day holiday. stock markets closed yen trade will be thinned out, most major will be as for US bonds, SIFMA’s recommendation of a holiday will halt the trading of U.S. dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary … Read more

China July data – China’s consumer price inflation flat y/y, but higher than expected m/m

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China’s consumer prices were flat y/y in July, as government efforts to rein in excessive competition offered some relief from deflationary pressures. Analysts caution that the path out of deflation will be long and may require stronger stimulus measures. Consumer Price Index (YoY) (July) 0.0%, no change from a year earlier, beating forecasts for a … Read more

BoE’s Pill: There is some shift in the balance of risks on inflation

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more

Canada July employment change -40.8K vs +13.5K expected

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Prior +83.1K Unemployment rate 6.9% vs 7.0% expected Prior 6.9% Full-time employment -51.0k vs +13.5k prior Part-time employment +10.3k vs +69.5k prior Participation rate 65.2% vs 65.4% prior Average hourly wages +3.3% vs +3.2% prior Excluding the unemployment rate, this is a weak report. The agency noted that overall, there has been little net employment … Read more

Forex Technicals: The USD is higher vs the JPY but little changed vs the EUR and GBP

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more