TAG Markets News

Yen Falls as BOJ Commits to Low Interest Rates

The Japanese yen continued falling against the US dollar after the BOJ concluded its monetary policy meeting. As expected, the bank left interest rates unchanged making it the 32-straight month of no monetary policy changes. In the August meeting, the bank left rates unchanged but tweaked the forward guidance. The bank said that it would…

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Outlook of Key Agricultural Crops Ahead of WASDE Report

Today, the US department of Agriculture will publish the monthly World Agriculture Supply and Demand Estimates (WASDE). This is an important document that highlights the demand and supply in the agricultural commodities around the world. Typically, these products tend to trade higher or lower depending on these estimates. Today’s document will be very important particularly…

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Week Ahead: BOE and ECB To Dominate in a Busy Week

On Friday, the US Labour department released impressive jobs numbers. The numbers showed that more than 203K jobs were created in August, with the unemployment rate remaining at 3.9%. Perhaps, the biggest data was the improving wages. In August, wages grew by 0.4%, which was higher than the expected 0.3%. This was a huge improvement…

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