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Financial News Editor

Financial News Editor
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news-03082024-091142

Anson Funds Sees Big Potential in Five9 Stock

Five9 is a company that provides intelligent cloud software for contact centers in the United States and internationally. They offer a virtual contact center cloud platform that allows for a variety of customer service,...
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US Stock Markets Show Signs of Recovery Despite Initial Decline | Forexlive

The US stock markets have shown signs of recovery despite an initial decline. This is good news for investors who may have been worried about the recent fluctuations in the market. While there is...
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Australian Dollar Strengthens as RBA’s Dovish Stance Caps Gains

The Australian Dollar has shown signs of recovery against the US Dollar after disappointing US jobs data caused a sharp drop in the USD. However, the economic weaknesses in Australia and the increasing expectations...
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Understanding Orban’s Analysis of Global Systemic Transition & Hungarian Grand Strategy

Hungarian Prime Minister Viktor Orban recently gave a speech at the Balvanyos Free Summer University and Student Camp where he discussed the global systemic transition and Hungary's grand strategy within it. Orban highlighted his...
news-03082024-050644

Decoding the Illusion of 2-Digit Yields in LQDW (BATS:LQDW)

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (BATS:LQDW) is a fund that offers a high yield of 14.67% with an expense ratio of 0.34%. This fund uses a covered call strategy based...
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Google pulls AI ad for Olympics following backlash – A review of the controversial...

Google recently decided to pull an ad that was being shown during the Olympics featuring its AI chatbot Gemini writing a fan letter to a famous athlete. The ad, titled "Dear Sydney," depicted a...
news-03082024-041103

Revitalizing Nuclear Energy: The Future of Michigan’s Power Plants

Michigan's Palisades Nuclear Generating Station, which was shut down in May 2022, is now set to become the first U.S. reactor to reopen after being closed. Holtec International, the current owner of Palisades, plans...
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Weekly Market Update: US Job Concerns and Geopolitical Tensions Take Center Stage

The US job market is causing concerns about a possible recession. The recent data showed that the unemployment rate rose to 4.3%, triggering the SAHM rule which indicates a recession may be underway. This...
news-03082024-014239

Bond Market Reacts to Weak Jobs Data, Cuts Rates for Fed | Forexlive FX...

The recent US jobs report revealed weaker data than expected, causing a stir in the bond market. With only 114,000 jobs added in July, below the anticipated 175,000, and other key figures missing the...
news-03082024-014215

NZD/USD Price Analysis: Mild Uptrend Develops as Bears Pause

The NZD/USD pair has been following a bearish trend, but there are signs of a slight uptrend developing. The pair reached 0.5960 towards the end of the week, showing slightly higher highs and lows....
news-02082024-193007

Canada’s July Employment Report: Analysis of Weakening Labour Market

The upcoming Canadian jobs report for July is anticipated to reveal a further weakening in the labor market. Job growth has slowed significantly in recent months, and it is projected that only 15,000 new...
news-02082024-192932

Rebound of EUR/USD post-NFP miss drives Greenback down

The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the Greenback. This drop in the US Dollar was a result...
news-02082024-180813

Buffett’s Berkshire Hathaway Sells $3.8 Billion Bank of America Stake

Warren Buffett, the legendary investor, has continued to sell off his stake in Bank of America, as per a recent regulatory filing. Berkshire Hathaway has sold a total of 19.2 million BofA shares over...
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Berkshire Hathaway’s Cash Reserves May Exceed $200B with Ongoing Stock Sales

Warren Buffett, the CEO of Berkshire Hathaway, was recently spotted mingling with shareholders before the annual meeting in Omaha, Nebraska. Reports suggest that Berkshire's cash reserves may exceed $200 billion, a record high for...
news-02082024-073836

USD/JPY Forecast: Downtrend Continues Amid Disappointing NFP Data

The USD/JPY pair experienced a significant decline following the release of disappointing US jobs data in July. The Nonfarm Payrolls (NFP) figure fell well below expectations, coming in at 114K compared to the forecast...
news-02082024-073814

Stock Market Rout Intensifies: What Investors Need to Know

The current situation in the stock market is becoming more intense, with bonds being heavily bought and equities taking a hit. This indicates that the Federal Reserve may not be keeping up with the...
news-02082024-073754

EUR/USD Hits 1.0900 Mark Amid Slowing US Labor Demand

EUR/USD surged close to the 1.0900 mark as the US Dollar weakened following a disappointing US NFP report for July. The report revealed a significant slowdown in US labor demand, with new job additions...
news-02082024-050512

NYC Cracks Down on Illegal Marijuana Dispensaries, Closes Hundreds

After the state of New York legalized recreational marijuana use in 2021, an influx of unlicensed marijuana shops flooded the streets of New York City. However, new state regulations have empowered officials to crack...
news-02082024-050424

Ultimate Guide to Friday’s Key Jobs Report: Everything You Should Know

The U.S. labor market may have taken a hit in July due to a gradual slowdown in the economy and the impact of Hurricane Beryl. The upcoming nonfarm payrolls report from the Labor Department,...
news-02082024-013446

AUDUSD Drops to 2-month Low: Expert Analysis and Forecast

AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its 50- and 200-day simple moving averages, indicating a bearish market...
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US Non-Farm Payrolls Forecast Distribution Analysis | Forexlive

Today, we will be discussing the importance of the US Non-Farm Payrolls (NFP) report and how the distribution of forecasts can impact market reactions. The NFP report is a key economic indicator that provides...
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US Dollar Movement Ahead of Nonfarm Payrolls: Analysis and Predictions

The US Dollar has seen some mild selling pressure, hovering around 104.20 during the European session. This slight decline comes after concerns about a slowdown in the US economy, following disappointing data from the...
news-01082024-192451

Eco Data Analysis and Forecasts for August 2, 2024

On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the key indicators:1. Japan's Monetary Base Year over Year (YoY) for...
news-01082024-192431

Japan Finance Minister Suzuki Urges Conviction to Prevent Deflation in Japan

The recent statements from Japan's finance minister, Suzuki, highlight the importance of maintaining proper debt management through close dialogue with markets. He emphasized that a reduction in the Bank of Japan's JGB purchases would...
news-01082024-192410

Australian Dollar Strengthens after Positive PPI Data

The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by 4.8% Year-on-Year in the second quarter, surpassing the previous quarter’s...
news-01082024-093229

Bank of England Cuts Rates Alongside Central Banks – Action Forex

The Bank of England (BoE) recently announced a 25 bps policy rate cut to 5.00%, aligning with other G10 central banks that have eased monetary policy. The decision was made with a split 5-4...
news-01082024-093209

Atlanta Fed GDPNow Q3 Growth Estimate Revised Down to 2.5% | Forexlive

The latest update from the Atlanta Federal Reserve shows a slight downgrade in the GDP growth estimate for the third quarter of this year. The estimate now stands at 2.5%, down from the previous...
news-01082024-093149

Understanding the Impact of Global Macro Flows on Recent Oil Price Trends

Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according to TDS commodity strategist Daniel Ghali. Through an analysis of...
news-31072024-225725

Japan’s PMI Manufacturing in July: Finalized at 49.1, Back in Contraction

Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector after a brief period of growth in early 2023. According...
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Gold Price Consolidates Near $2,450 as Bulls Exercise Caution Amid Risk-On Sentiment

Gold price has been on the rise, hitting a two-week high near $2,450 on Thursday. This increase can be attributed to various factors that are supporting the price of Gold. One of the main...
news-31072024-165548

Federal Reserve Maintains Interest Rates at 5.25-5.50%, Future Cuts Uncertain – Action Forex

The Federal Reserve decided to keep interest rates steady at 5.25-5.50%, a move that was widely expected. The decision was made with a unanimous vote among Fed officials. The statement released by the Fed...
news-31072024-165527

Merging of 25 Indebted and Feeble Local Banks in Henan Province, China – Forexlive

Foreign exchange trading can be risky and may not be suitable for all investors. It's important to understand the risks involved before deciding to trade. Consider your investment objectives, experience level, and risk tolerance....
news-31072024-165507

EUR/USD Levels Amid NFP Jobs Dump Prediction

The EUR/USD currency pair remained stagnant on Wednesday following the Federal Reserve's decision to keep interest rates unchanged, which was widely expected by the markets. The focus has now shifted to the upcoming US...
news-31072024-121850

Bill Ackman’s Pershing Square Withdraws IPO Amid Decreased Demand

Bill Ackman, CEO of Pershing Square Capital Management LP, recently announced the withdrawal of plans for an initial public offering (IPO) for Pershing Square USA due to decreased investor demand. Despite this setback, Ackman...
news-31072024-104717

Bank of Japan Raises Rates, Reduces Bond Purchases – Impact on Forex Markets

The Bank of Japan (BoJ) surprised markets by raising its policy rate to around 0.25%, up from the previous 0% to 0.1%. Additionally, the BoJ announced a reduction in the pace of its monthly...