USD/JPY has just recently chalked up a 38-year high of 161.95. But it pulled back to levels below 160.00 on Thursday (July 11) when U.S. inflation data came in softer-than-expected. In case Japan’s inflation is reported (on Friday, July 19) as stronger than expected, the yen should gain further strength.

Another set of major U.S. inflation data will be released on Thursday (July 11). According to Trading Central's "Economic Insight", the inflation rate may slow further to 3.1% year on year in June.

A prime trade idea!

The Japanese yen has just chalked a 38-year low against the U.S. dollar, with the USD/JPY advancing to levels above the level of 161.00. Forex traders are watching closely if the Bank of Japan (BOJ) could raise interest rates further based on a stronger economy. The quarterly BOJ Tankan Indexes are good economic indicators.

This week’s Fundamental Report highlights small-cap stocks with strong momentum, growth, and outstanding fundamentals, identified using Trading Central’s tools amidst recent market volatility.

Over the past month, the Tech sector has outperformed the S&P 500, with the semiconductor industry significantly outpacing the SPX's gains. This week, we will focus on leading semiconductor firms, selecting those with strong fundamentals, investor approval, and sufficient liquidity.

Canadian-listed equities that are attractive from a trend-following and quantitative perspective.

The Bank of Canada and the European Central Bank cut key interest rates recently, while the U.S. Federal Reserve and the Bank of Japan have just kept rates unchanged. The Bank of England’s rate decision this week (Thursday, June 20) will be investors’ focus.

The coming session on Wednesday (June 12) will be a busy one for investors. Major U.S. inflation data will be released and the Federal Reserve will decide on interest rates.