EUR/JPY depreciates as rising wages bolster the odds of the BoJ rate hikes again. Japan’s Labor Cash Earnings jumped 4.8% YoY in December, rising from 3.9% in November. The Euro remains under pressure as investors...
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US President Donald Trump (L) shakes hands with Saudi Arabian Crown Prince Mohammed bin Salman (C) prior to the G20 summit meeting in Osaka on June 28, 2019 during the US leader’s first term. Photo:...
US President Donald Trump and Federal Reserve chairman Jerome Powell shown during Trump’s first term, on September 27, 2020. Photo: Asia Times files / AFP Like the ’20s of the 21st century, the ’70s of...
There were two key factors influencing oil prices yesterday, firstly downward pressure came from China announcing retaliatory tariffs against the US, which included targeting US energy flows. However, countering this later in the session was...
What to know about current mortgage rates: According to Money’s daily survey, the rate on a 30-year fixed-rate loan was virtually unchanged yesterday, averaging 6.989%. That represents an increase of just 0.001 percentage points. Freddie...