Japan Approves A $122 Billion Stimulus Package
Article By:
ForexNewsNow
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Thursday, December 5, 2019 12:23 PM EST
The stimulus was mainly triggered by the slowing growth and the potential loss of economic activity after the Tokyo Olympics set for 2020.
In this article: EWJ
Japan: Smoothly Does It
Article By:
ING Economics
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Thursday, December 5, 2019 8:17 AM EST
So far, Japan’s consumption tax hike seems to have gone down far more smoothly than its previous equivalents in terms of both GDP growth and inflation.
India: A Central Bank Surprise
Article By:
ING Economics
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Thursday, December 5, 2019 7:03 AM EST
The Reserve Bank of India's on-hold policy decision comes as the central bank cut its growth outlook for the current fiscal year, the fifth cut so far, and also raised its inflation forecast.
Cable Continues Climbing
Article By:
Boris Schlossberg
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Thursday, December 5, 2019 6:30 AM EST
Generally quiet markets in FX today with very little on the global economic calendar to move pairs, but cable continued its climb higher hitting a high of 1.3147 in early London trade as enthusiasm over a Tory win helped fuel the rally.
China Set To Make History With Record Number Of Bond Defaults In 2019
Article By:
Tyler Durden
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Thursday, December 5, 2019 3:55 AM EST
After a brief lull in the third quarter, a burst of at least 15 new defaults since the start of November have sent the year’s total to 120.4 billion yuan ($17.1 billion) and set to eclipse the 121.9 billion yuan annual record in 2018.
Indian Indices Erase Gains; RBI Keeps Repo Rate Unchanged
Article By:
Equitymaster India
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Thursday, December 5, 2019 3:50 AM EST
Share markets in India fell sharply in the afternoon session as the Reserve Bank of India (RBI) kept its repo rate unchanged at 5.15%. The RBI also revised its GDP growth outlook for 2019-20 downwards from 6.1% to 5%.
AUDUSD Daily Analysis – Thursday, Dec. 5
Article By:
ForexCycle
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Thursday, December 5, 2019 3:34 AM EST
AUDUSD remains in the uptrend from 0.6754, the pullback from 0.6861 is likely consolidation for the uptrend.
Volatility Risk Ahead With Key US Data
Trading War For Money, For The Moment
Article By:
Rodney Johnson
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Wednesday, December 4, 2019 9:50 AM EST
While the new hookup between Russia and China is much better than an armed conflict, it can still create winners and losers.
Hope Springs Eternal
Article By:
Marc Chandler
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Wednesday, December 4, 2019 8:58 AM EST
The prospect of not just the failure of the US and China to resolve its trade dispute but a new escalation has sapped the confidence that had lifted equity benchmarks and the greenback.
