🧠 Macro-Fundamental Breakdown
🇬🇧 GBP (British Pound)
🔻 GDP Shrinking: UK growth has stalled with below-trend GDP prints 3 quarters in a row.
📉 PMI Weakness: Manufacturing and Services PMIs both under 50 = economic contraction
🧊 Retail Sales Down: UK consumer confidence and demand are cooling
💼 Labor Trouble: Unemployment ticking higher + BoE hinting at peaking rates
🪙 BoE Dovish Pivot?: Market now pricing possible cuts into early 2025.
🇯🇵 JPY (Japanese Yen)
🟢 Inflation is ticking higher
🔄 BoJ is cautiously shifting from ultra-loose policy
🛡️ Yen often strengthens in risk-off environments (which aligns with current market volatility)
🇯🇵 Tokyo CPI surprises have reinforced JPY support
🇬🇧 GBP (British Pound)
🔻 GDP Shrinking: UK growth has stalled with below-trend GDP prints 3 quarters in a row.
📉 PMI Weakness: Manufacturing and Services PMIs both under 50 = economic contraction
🧊 Retail Sales Down: UK consumer confidence and demand are cooling
💼 Labor Trouble: Unemployment ticking higher + BoE hinting at peaking rates
🪙 BoE Dovish Pivot?: Market now pricing possible cuts into early 2025.
🇯🇵 JPY (Japanese Yen)
🟢 Inflation is ticking higher
🔄 BoJ is cautiously shifting from ultra-loose policy
🛡️ Yen often strengthens in risk-off environments (which aligns with current market volatility)
🇯🇵 Tokyo CPI surprises have reinforced JPY support
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.