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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 98497, member: 22847"] [B]AceTraderFx Mar 11: Intra-Day Market Moving News and Views (USD/JPY) [/B] [B]Intra-Day Market Moving News and Views 11 Mar 2016[/B] [I]08:01GMT[/I] USD/JPY - ..... Reuters reported machinery orders to be released on Monday, Japan's leading indicator of capital spending, are expected to have risen modestly in January for a second straight month, but deepening concerns over economic prospects have cast doubt on a sustained recovery. Exports were expected to fall for a fifth straight month in February as emerging economies such as China remained weak, while imports likely dropped for a 14 consecutive month on slack domestic demand and low oil prices holding down energy costs. The poll of 19 economists found that core machinery orders, a volatile data series regarded as a useful leading indicator of capital spending in the coming six to nine months, were expected to rise 3.0 percent in January from December. The Bank of Japan is set to hold off cutting interest rates at next week's rate review, sources told Reuters, as it works to soothe market jitters caused by January's surprise decision to adopt negative interest rates. Japan chief govt spokesman Yoshihide Suga comment thaT given ECB's easing, THIS will continue to monitor its effect on world economy, market and he hopes ECB's easing will impact Japan and world economy favourably. [/QUOTE]
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