Japan data – Core machine orders -4.5% m/m (expected -5.5%) and +1.5% y/y (expected -0.3%)

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 of your initial investment; do […]

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USD/JPY may return to 105-110 range if Treasury yields rise to 1.5% – Mizuho

Mizuho outlines the conditions for USD/JPY to rise The firm says that the market isn’t seeing a significant yen weakening trend at the moment but will feel more comfortable about USD/JPY going back to the 105-110 range if 10-year Treasury yields climb more significantly from hereon. Adding that many exporters are seen putting USD/JPY at […]

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Australia data – monthly inflation report (December) 1.5% y/y

This is an unofficial inflation report from the Melbourne Institute. Unofficial but nevertheless a good guide to the quarterly official CPI. 0.5% m/m (prior 0.3%) 1.5% y/y (prior 1.3%) For the core measure, ‘trimmed mean’ +0.1% m/m and +0.4% y/y (the RBA target band is 2 – 3% … BOJ says welcome aboard!)  Let’s block […]

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Honeywell renews $1.5 billion revolving credit agreement

© Reuters. A logo of Honeywell is pictured on their booth during EBACE in Geneva (Reuters) – Honeywell International Inc (N:) said on Friday it had renewed a revolving credit agreement for $ 1.5 billion, to be used for general corporate purposes when needed. The 364-day Credit Agreement was signed with Citibank (N:) and JPMorgan […]

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