Things to Watch Ahead in the Market this Week | Forex Traders Market Watch
Investors trying to gauge the inflation threat will keep a close eye on Thursday’s U.S. consumer price data, amid concerns that rising inflation could prompt the Federal Reserve to begin pulling back on stimulus. Markets will also be monitoring the progress of President Joe Biden’s proposed $1.7 trillion infrastructure plan, which has already boosted the […]
Japan’s Economy Shrank an Annualized 3.9% in 1Q – USD/JPY advanced
Japan’s economy shrank at a slower pace than initially estimated in the first quarter of 2021, the government’s revised data showed Tuesday, confirming the first contraction in three quarters. The world’s third-largest economy after the U.S. and China shrank 3.9% on an annualized basis, which reflects what would happen if the first-quarter pace continued for […]