The recent US Jobs Report showed an increase of 142k jobs, which may have an impact on the USD/JPY pairing. However, the focus will likely shift to other economic indicators to determine the direction of the currency pair. The upcoming Michigan Consumer Sentiment Index is expected to show a slight increase from August to September.
Forecasts
When considering making any financial decisions, it is crucial to conduct thorough due diligence. This involves researching and analyzing all relevant information before moving forward. Without proper due diligence, one may make uninformed decisions that could potentially lead to financial loss. It is essential to take the time to understand the risks and benefits associated
Recent unemployment data has shown a spike in July, which has raised concerns about the state of the economy. Chief Global Economist Parker Ross pointed out that the rise in unemployment was not due to any specific event like Hurricane Beryl. This spike in unemployment has been attributed to temporary layoffs, which led the way
In the fast-paced world of financial trading, it is crucial for individuals to conduct thorough due diligence before making any investment decisions. The information available on various platforms, including websites, newsletters, and trading apps, can be overwhelming. It is imperative for investors to sift through this information carefully, considering their own financial situation and needs.
The forecasted increase in the ISM Manufacturing PMI from 46.8 to 47.8 in August could potentially influence investor sentiment regarding the US economy. While the manufacturing sector accounts for less than 30% of the overall US economy, positive numbers may bolster expectations of a soft landing. However, it is essential for investors to delve deeper
China plays a critical role in the Australian economy, accounting for one-third of Australian exports. With over 50% of Australia’s GDP linked to trade, any changes in China’s manufacturing sector can have a significant impact on the Australian dollar. In this article, we will analyze the recent data from China’s manufacturing sector and how it
The correlation between the party affiliations of U.S. presidents and economic growth has long been a subject of research and discussion. While some studies have indicated a link between the party in power and economic performance, it is essential to recognize that economic growth is influenced by a myriad of factors. Global economic conditions, technological
In August, while overall inflation in the Euro Area retreated, services stood out with the highest annual rate at 4.2%. This increase from the previous month raises questions, especially due to a possible “Olympic effect” in France, where the Paris Games may have temporarily boosted services costs. This unexpected boost in services costs adds a
When it comes to making financial decisions, it is crucial to perform thorough due diligence checks. This includes researching and analyzing the information available to you before taking any action. It is not enough to simply rely on the opinions or analysis of others, as your financial situation and needs may differ from theirs. By
The current economic outlook, as detailed in various expert opinions, presents a mixed bag when it comes to the labor market. While the rise in unemployment in Australia is not solely attributed to job losses, it still raises concerns about the overall health of the labor market. AMP Head of Investment Strategy and Chief Economist,
As individuals navigate the world of finance, it is crucial to understand the disclaimers and warnings provided by websites offering information on investments and trading. The content presented on such platforms, including news, analysis, and opinions, is designed for educational and research purposes. It is not intended as personalized advice, and users should exercise caution
The recent comments made by Judo Bank Chief Economic Advisor Warren Hogan regarding the weak new property sales in China and the corresponding decrease in steel demand and production highlight a concerning trend in the global economy. This indicates potential challenges for economic growth and development, especially in key sectors such as real estate and