Summary 7/7 – 7/11 – Action Forex

According to media reports, conservative politician Sanae Takaichi has been elected Japan’s first female Prime Minister. As we noted on 7 October, she is a supporter of former Prime Minister Shinzo Abe’s Abenomics strategy, aimed at stimulating the economy through aggressive fiscal spending and ultra-loose monetary policy — a factor that fuelled the sharp A→B…

The major assets had a wild ride as Trump’s surprise tariff moves rattled investor confidence, pushing stocks lower and fueling a dollar rally, while oil prices bucked the trend with gains on supply concerns. How did the major assets trade the headlines on Thursday? Let’s take a closer look: Headlines: New Zealand ANZ Business Confidence…

BBY – Best Buy has been added to our data-driven Watchlist. Here are the details: 📈 BBY – Best Buy Co., Inc.🏭 Sector: Consumer Cyclical📊 Market Cap: Medium Cap⚡ Beta: 1.44 (High Risk)📉 52W Performance: -18.2%👍 Quant Score: 69/100 (Fair) Best Buy Co. has beaten its earnings-per-share estimates for four consecutive quarters. Currently, it has…

USDJPY: The Japanese Yen (JPY) may continue its losing streak for the eighth consecutive session on Monday. On Friday, a stronger than expected US Purchasing Managers’ Index (PMI) weighed on the US Dollar (USD) and impacted the USD/JPY pair. Japan’s chief currency diplomat Masato Kanda said on Monday that he will take appropriate action if…

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