Analisi Fondamentale

Good morning, HSBC Manufacturing Purchasing Managers Index figures for China came out higher than had been expected, at 50.8. The Japanese Manufacturing PMI also was published in positive territory with a reading of 51.1 up from 49.9 on the second of June. JPY gained against crosses with CHFJPY currently trading at 113.80 The NIKKEI was[...]

Good morning, Bank of Japan’s Governor Kuroda is due to speak during today’s session. Japan has planned a corporate tax reduction in an effort to get companies to invest in Japan. Current Yen price sees GBPJPY trading at 173.74 with USDJPY trading at 101.90 With the current Japanese unemployment rate at 3.6%, corporate investment could[...]

Good morning, New Zealand Gross Domestic Product grew by 3.8% pushing the NZD higher against the USD with the pair trading at 0.8721 at time of writing. Japanese figures also came out last night showing a decline in foreign investment. USDJPY was trading at 101.78 at time of writing, with Bank of Japan’s Governor Kuroda[...]