OctaFX | OctaFX Forex Broker
Open trading account

Forex Flash: Flat US economic activity a product of seasonals? – Westpac

FXstreet.com (Barcelona) - Much has been made of supposedly biased US seasonal adjustment factors that have boosted jobs at the turn of the year in recent years before delivering softer outcomes into the middle of the year. According to the Westpac Strategy Team, “We are not so sure that the soft March US data is an artifact of faulty seasonals. If the seasonal adjustments are indeed biased they should if anything continue to flatter US activity for a couple more months”.

Close inspection of the US data between 2010 and 2012 suggest that supposedly faulty seasonals should not be produce a "soft patch" until May/June data. “We thus wonder whether sequestion may be the main culprit behind the almost universally weaker run of March data. If so, recent softer data is genuine and altogether more worrisome than biased seasonals.” they note.

Forex Flash: The BOJ plan is really a doubling down on the previous LDP strategy - BBH

Brown Brothers Harriman analysts believe that in a nutshell, the BoJ plan is readlly just a double down on the previous LDP strategy.
Read more Previous

Forex Flash: S&P 500 looks bullish ahead - Nomura

Nomura strategist Saeed Amen has taken a look at the S&P 500 from a purely technical perspective.
Read more Next
Start livechat