Financial News Editor

Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion and higher-than-expected UK inflation. The GBP's resilience is linked to...

The impact of COVID-19 social distancing on newborn mortality and preterm births has been a concerning issue, as highlighted in a recent study conducted by researchers at the University of Alabama at Birmingham (UAB)....

We Are PDD Holdings (NASDAQ:PDD), also known as Pinduoduo, is a leading e-Commerce platform in China and one of the top three Chinese e-Commerce companies, next to Alibaba (BABA) and JD.com (JD), that dominate...

US Vice President Kamala Harris recently held a campaign event in North Carolina, marking her seventh visit to the state this year and 15th trip since taking office on July 18, 2024. Harris has...

Match Group, the company behind popular dating apps like Tinder and Hinge, has caught the attention of activist investor Starboard Value. With a 6.64% ownership stake in the company, Starboard has outlined various opportunities...

FTSE China A50 Index Futures (XIN9) are a popular choice for international investors looking to get involved in China's A-share market. These futures, traded on the Singapore Exchange, track the performance of the 50...

The highly anticipated 2024 football season is about to kick off with the revival of EA Sports College Football game. Fans who have been eagerly awaiting this release are diving back into the world...

Belarusian Foreign Minister Maksim Ryzhenkov recently disclosed that Poland rejected his country's proposal to address their border issues. This came after President Aleksandr Lukashenko stated that he would not instruct the border service to...

India’s recent inclusion in J.P. Morgan’s GBI-EM suite of local currency indices is a significant milestone that could attract more foreign investment and support the country’s economic growth. The move, which saw approximately $400...

CrowdStrike, a cybersecurity company that offers software to detect and prevent hacks, experienced a major disruption on Friday due to a faulty software update. This led to a cascade effect among global IT systems,...

The impact of Joe Biden dropping out of the presidential race on the bond and foreign exchange markets is a topic of much discussion and speculation. Following the recent debate on June 28, there...

The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of the 20th falls on a Saturday this month. Earlier this...

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada in June. This anticipated rate cut follows a similar 25-basis...

The Kremlin has once again issued a warning about the increased presence of NATO warships in the Black Sea, stating that this poses an additional threat to Russia. Dmitry Peskov, a spokesman for Putin,...

U.S. President Joe Biden is facing growing pressure from within his own party to withdraw from the 2024 presidential race. As of Friday afternoon, 32 congressional Democrats have publicly called for Biden to step...

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions. One key event is the release of the first estimate...

Several House Democrats, including Representatives Jared Huffman, Marc Veasey, Mark Pocan, and Jesus “Chuy” Garcia, recently sent a joint letter to Joe Biden, urging him to step down from the presidential campaign. They emphasized...

Traders and investors are usually resilient, but recent comments by former President Donald Trump have rattled their confidence. Following Trump's statement that Taiwan should pay for its own defense against China, shares of major...

The United States is following Europe’s lead in instituting cap-and-trade regimes to reduce CO2 emissions, but America’s journey is split between two paths—Democrat-run states that have passed cap-and-trade mandates, and Republican-run states that appear...

The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...

China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...

Frontier Group Holdings, the parent company of Frontier Airlines, has seen a significant decline in its stock price, with a 38% drop in recent months and over 60% decrease in the past year. This...

Macquarie analysts have recently warned about the potential risks of the United States adopting populist economic policies, which they have dubbed "popunomics." According to these analysts, the traditional "neoliberal vision" of economic policy management...

Billionaire investor Ken Griffin, the founder and CEO of Citadel, recently made headlines by purchasing a late Jurassic stegosaurus skeleton for a whopping $44.6 million at Sotheby's auction. This marks the most valuable fossil...

The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated their stance of not committing to a specific rate path...

This past weekend, billionaire heir Anant Ambani tied the knot with Radhika Merchant in a lavish ceremony in Mumbai. The extravagant three-day event was attended by politicians and celebrities, including India’s Prime Minister Narendra...

China's Monetary Policy Framework Reforms: What You Need to KnowThe Governor of the People's Bank of China, Pan Gongsheng, recently gave a speech at the Lujiazui Forum where he discussed China's monetary policy framework....

Boeing, a longstanding icon in the aerospace industry, has faced numerous challenges in recent years, particularly following the two fatal crashes of its 737 Max planes. The company has been working diligently to address...

On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at the key events and their impact on the market.Starting with...

The Bank of Japan is expected to keep interest rates unchanged this month, according to recent reports. This decision comes amidst ongoing economic uncertainties and global market volatility.Foreign exchange trading can be risky and...

Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest jump since December 13. This rise comes after breaking through...

The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that consumer spending may not be as weak as previously thought,...

In a recent speech, Fed Governor Adriana Kugler highlighted the ongoing trend of decreasing inflation across various price categories. Despite some challenges earlier in the year, she mentioned that supply and demand are gradually...

Federal Reserve officials will be speaking on Wednesday, July 17, 2024, to provide updates on the economy. Thomas Barkin, President of the Federal Reserve Bank of Richmond, will be sharing his thoughts on the...

The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate cuts by the Federal Reserve this year. According to the...