Breaking
Posted 3 hours ago
Japan Services PMI returns to growth in June amid cost pressure
Japan's services sector returned to expansion in June after contraction, signaling economic resilience. However, input costs accelerated sharply, raising inflation concerns. USD/JPY traders should monitor whether persistent cost pressures prompt BOJ policy shifts, as rate expectations directly drive yen valuation.
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2 hours ago
S&P Global Asia Sector PMI data release
S&P Global has released its Asia Sector PMI report, a key gauge of manufacturing and services activity across the region. The data influences Asian currency pairs and broader risk sentiment, as PMI readings signal economic momentum in China, Japan, and emerging markets. Traders monitor these figures for clues on central bank policy and regional growth expectations.
https://www.pmi.spglobal.com/Public/Home/PressRelease/9d1c386763a04255aa132978c3928508New to MyTradingLand?
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