OctaFX | OctaFX Forex Broker
登录
开通账户
Back

Japan Q2 suffers on consumption tax - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank notes a vulnerable backdrop in the Japanese economy.

"The Q2 weakness was a direct result of the dynamics that played out with the increase in the consumption tax, making data releases complicated to read”.

“Today’s print proves the worst contraction since March 2011 and highlights a particularly vulnerable backdrop in Japan. For the BoJ, the jump up in the GDP deflator to 2.0% will be welcomed; however from here evidence of a pick up in demand will be important."

NZD/USD rising for the first time in a week

The NZD/USD is climbing for the first time in a week. During the American session the pair printed a fresh high at 0.8478, the strongtes level in two days.
了解更多 Previous

BoE not on a pre-set course - ANZ

Brian Martin, ANZ Research noted that sterling fell in response to the dovish tone to the BoE’s August inflation report and the correction may run further.
了解更多 Next
开始在线聊天