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About: anakin
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According to Nomura, a single 25bp cut from the ECB is anticipated for this year
Nomura forecasts one ECB rate cut in June 2024, revising earlier expectations of cuts in April and June.
In February, China reported a 2.3% decrease in exports year-on-year, missing the 5% forecast
China’s exports rose 2.3% in February, below the expected 5%, potentially affecting market perceptions and strategies.
The JPY excels while the AUD and NZD struggle against both the JPY and USD
JPY strengthens as AUD and NZD decline; Japan ends deflation, while China’s export growth misses expectations.
In February, China’s year-on-year exports in CNY fell to 3.4%, down from 10.9%
China’s exports fell, AUD remains subdued, Yen strengthens, gold dips, and Bitcoin drops 5% before US NFP.
Upcoming China inflation data is anticipated to reveal CPI deflation for February, affecting consumer prices
