Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
Page 17 - Philly Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
Wall Street: towards a 16th weekly gain -February 16, 2024 at 01:36 am EST
With a strong finish in the green, Wall Street is illustrating one of the most classic scenarios on the eve of the 3 Witches session, which will conclude a stock market month almost exclusively on the...
Source: marketscreener.com
Calculated Risk: Thursday: Retail Sales, Unemployment Claims, NY & Philly Fed Mfg, Industrial Production, Homebuilder Survey
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
Japanese GDP Unexpectedly Contracted in Q4
Japanese GDP unexpectedly contracted in Q4 of last year. Shrinking 0.1% q/q after a -0.8% contraction in Q3 puts the island in a technical recession. Net exports’ contribution was insufficient to make up for weak business spending and private consumption. Waning demand complicates the picture for the Bank of Japan which is looking to exit its ultra-easy monetary policy. While today’s data doesn’t derail those plans per se, it does suggest the window of opportunity may be closing. The Japanese yen advances this morning but that has more to do with intervention speculation after USD/JPY to...
Source: actionforex.com