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15 Mar 2023

Japan's PM Kishida: We intend to raise minimum wages beyond JPY1,000 nationwide

Following the highly-anticipated "shunto" spring wage negotiations on Wednesday, Japan’s PM Fumio Kishida said that they are aiming to raise minimum wages beyond JPY¥1,000 nationwide.

Additional comments

“Government to mobilize all measures available to prepare the environment for wage hikes.”

“This spring marks a turning point for growth and wealth distribution.”

Mar 15, 2023

USD Index: Softer US retail sales figures could give it a gentle downside bias – ING

A nervous calm returns to FX markets. Softer US Retail Sales data could weigh on the Dollar, economists at ING report. DXY could nudge down to 102.75
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Mar 15, 2023

Gold Price Forecast: XAU/USD moves away from multi-week top, remains depressed below $1,900

Gold price remains under some selling pressure for the second straight day on Wednesday and extends the overnight pullback from the $1,914-$1,915 area
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