Prior -1.9%; revised to -1.0% The drag here also comes after a more positive revision to the December numbers, so keep that in mind. Still, German industrial output was much weaker in…
That as the report notes that preparations are now being made in anticipation of a prolonged de facto closure of the Strait of Hormuz. For some context, there are ten national oil…
Hard to say how the conflict in the Middle East could affect Japan’s economy Many citizens are worried about rising gasoline prices The government is scrutinising to see what steps it can…
It is being reported by Reuters that there is thick smoke rising from the direction of Bahrain’s Bapco oil refinery. This is one of the oldest and most strategic energy hubs in…
What a scintillating start to the new week this is. Oil prices have surged by well over 20%, poised for its largest one-day gain on record. And we’re talking about prices near…
Trump unhappy about Israel’s Iran fuel strikes – report Iran chooses Khamenei’s son as new Supreme Leader China February CPI +1.3% vs +0.8% expected Japana January current account surplus 941.6B vs 960B…
Prior was +0.2% y/y CPI m/m +1.0% vs +0.5% expected Prior m/m CPI was +0.2% PPI y/y -0.9% vs -1.2% expected Prior y/y PPI was -1.4% This is a hot reading and…
USD/JPY is closing in on the highest levels of the year. The pair is up 80 pips so far today to 158.59, breaking above last week’s peak and trading at the best…
Prior was 728.8B yen Current account in goods vs 134.9B prior Japan’s current account balance, published monthly by the Ministry of Finance, is one of the broadest measures of the country’s international…
Prior was 728.8B yen Current account in goods vs 134.9B prior Japan’s current account balance, published monthly by the Ministry of Finance, is one of the broadest measures of the country’s international…
Prior was +2.4% Real cash earnings +1.4% vs +0.9% expected Overtime pay vs +1.5% prior Japan’s Monthly Labour Survey, published by the Ministry of Health, Labour and Welfare (MHLW), is one of…
Well, if there was any question about whether Trump was watching the oil futures open, it’s been laid to rest. He wrote on Truth Social: Short term oil prices, which will drop…
