Japan PPI for January  -1.6% y/y (expected -1.6%)

Japan data, in brief the PPI shows inflation at a business level.   PPI for January  +0.4% m/m expected 0.4%, prior 0.5% m/m -1.6% y/yData for the ‘domestic final goods prices’ index is released with the PPI, which loosely correlates with CPI: -0.8% y/y    Invest in yourself. See our forex education hub. Let’s block ads! […]

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Brent Oil Hits $60/Barrel; Trades at Highest Since January 2020

© Reuters. By Peter Nurse Investing.com – The front-month Brent futures contract traded past $ 60 a barrel early Monday for the first time in over a year, boosted by hopes for further U.S. economic stimulus measures as well as output discipline by top oil producers that has driven global stockpiles steadily downward over recent […]

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New Zealand – ANZ Commodity Price index for January: +3.6% m/m (prior +1.8%)

ANZ’s indicator of price trends for New Zealand’s 17 main commodity exports, higher for a fourth consecutive month. +3.6% m/m and +4.6% y/y  In NZD terms the gain on the month is not quite so strong due to the higher currency: +2.4% m/m -2.2% y/y — The news today so far from New Zealand has […]

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US MBA mortgage applications w.e. 22 January -4.1% vs -1.9% prior

Latest data from the Mortgage Bankers Association for the week ending 22 January 2021 Market index 907.6 vs 946.8 prior Purchase index 334.2 vs 348.2 prior Refinancing index 4,261.5 vs 4,484.2 prior 30-year mortgage rate 2.95% vs 2.92% prior The drop here stems from a decline in purchases and refinancing activity in the past week, […]

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European regulator to lift Boeing 737 MAX grounding in January

2/2 © Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake 2/2 By Tim Hepher PARIS (Reuters) – Europe is set to lift its flight ban on the Boeing (NYSE:) 737 MAX passenger jetliner in January after U.S. regulators last week ended […]

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Trump: Time will tell who takes office in January

Comments from the President: Administration will not put on a lockdown under any circumstances Economy is rebounding beyond any expectations Slaqui says he expects to have enough vaccine to immunize 20m Americans in Dec and 20m thereafter Slaqui: Two vaccines and two therapeutics may be granted emergency use authorization by year end This is a […]

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U.S. crude oil production rose slightly in January: EIA

© Reuters. Rigging equipment is pictured in a field outside of Sweetwater Texas (Reuters) – production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information Administration said in a monthly report on Friday. The agency revised the December report up by 9,000 barrels to 9.958 million […]

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U.S. Commerce chief says hopes to complete NAFTA talks by early January

© Reuters. Ross sits for an interview in his office in Washington WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross said the best window to complete the renegotiation of the North American Free Trade Agreement is between now and early January, well before Mexico's general elections in July 2018. Speaking at an event held at […]

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