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Financial News Editor

Financial News Editor
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news-16072024-132758

Dow and S&P Hit Record Highs in Recent Trading Session

In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the Nasdaq lagged behind. The Dow Industrial Average saw a significant...
news-16072024-072742

Sunset Market Analysis and Insights – Action Forex

Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries as investors prepare for the upcoming June CPI numbers. There...
news-16072024-072714

Canadian CPI Release Suggests Bank of Canada Rate Cut – CIBC Analysis

The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported by the fact that interest rate derivatives are now indicating...
news-16072024-021418

When Fascists Die: German TV Employee Faces Backlash for Trump Comment

Sebastian Hotz, an employee of German state television ZDF who is known as "El Hotzo" on Jan Böhmermann's show "ZDF-Magazin Royale," is facing backlash for his controversial comments about the assassination attempt on Donald...
news-16072024-021354

Danaher Stock Overvalued Despite Strong Performance (NYSE: DHR)

Danaher Corporation (NYSE:DHR) has been a strong performer in the market, with a history of growth and successful acquisitions. However, despite its track record, the company's valuation is currently at a historically high level,...
news-16072024-021321

Hugo Boss Stock Drops 9% After Cutting 2024 Guidance Due to China Demand Decline

Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline in demand from China. The company now expects full-year sales...
news-16072024-011001

Italy June Final CPI Unchanged at +0.8% Year-on-Year According to Forexlive

Foreign exchange trading is a risky business that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential losses. Before you start trading in the foreign...
news-15072024-190847

Eco Data Calendar 7/16/24 – Action Forex

The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events and their corresponding data:1. Japan's Tertiary Industry Index for May...
news-15072024-190822

Yen Verbal Intervention: Hayashi Refuses to Comment on FX | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It involves leverage, which can increase the risk of losses. Before you start trading forex, it's important to carefully...
news-15072024-130702

Predicting the Long-Term Dollar Decline: A Comprehensive Analysis

The recent decline in the dollar index has raised concerns about the long-term outlook for the US currency. Despite initial optimism surrounding Trump's economic policies, including tariffs and tax cuts, the dollar has been...
news-15072024-130631

JD Vance Chosen as Republican Vice Presidential Running Mate | Forexlive

JD Vance, a Senator from Ohio, has been chosen as the Republican Vice Presidential running mate by former President Trump. Despite being a former critic of Trump, Vance has now expressed his support for...
news-14072024-233311

Switzerland June Producer and Import Prices Hold Steady at 0.0% m/m

Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices during this period.It is important to note that foreign exchange...
news-14072024-152306

MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...

The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This news comes amidst expectations of no change to the rate...
news-14072024-115208

Erik Prince Analyzes Secret Service Failure: Malice or Incompetence? – Expert Insight

Former Navy Seal and Blackwater founder Erik Prince recently analyzed the Secret Service failure in the wake of a failed assassination attempt on former President Trump. Prince highlighted the incompetence and potential malice within...
news-14072024-115141

Hess Midstream Stock Analysis: Top Buy in Energy Sector (NYSE:HESM)

Hess Midstream LP (NYSE:HESM) is a midstream player that owns major assets of Hess (HES), one of the largest oil and gas companies. Its assets are used by third parties and HES itself. This...
news-14072024-115111

Navigating High Prices and Mortgage Rates: How Homeowners Can Overcome Feeling ‘Stuck’

Rachel Burress, a 35-year-old hairdresser living in Aledo, Texas, has been dreaming of owning her own home for years. However, with mortgage rates near 7% and home prices soaring, her dream seems further away...
news-14072024-092207

GBP/USD Forecast: Weekly Analysis and Predictions

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at 1.2298. As we look ahead to the coming week, the...
news-14072024-092141

Forexlive Weekly Market Outlook: July 15-19 Analysis & Predictions

The upcoming events in the market for the week of July 15-19 are as follows:On Monday, we have various events including the New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales,...
news-14072024-075225

Top Dividend Stocks Recommended by Wall Street Analysts

Dividend-paying stocks are a great way for investors to boost their portfolio returns and find stability in unpredictable markets. By keeping an eye on the recommendations of Wall Street analysts, investors can choose dividend...
news-14072024-024332

Gold Investment Analysis & Price Forecasts 2025-2050 | Action Forex

Gold has been a valuable asset for centuries, starting from ancient times when it was used for various purposes such as jewellery, religious ceremonies, and trade. Throughout history, gold has played a crucial role...
news-14072024-024259

Trump rushed off stage after shots fired: What happened at Forexlive event?

Former President Donald Trump was rushed off stage by Secret Service agents during a rally in Butler, PA, after what sounded like gunshots were heard. Although he was seen with some blood on his...
news-13072024-204134

Former President Trump’s Response to Assassination Attempt | Latest Update

Former President Trump recently made headlines when news broke of an attempted assassination on his life. The incident has sparked widespread concern and speculation about the motives behind the attack.In response to the assassination...
news-13072024-185857

Measles Outbreak at NYC Migrant Shelter Amid Biden’s Border Crisis

The Biden administration's open southern border policies have led to an increase in illegal immigration, resulting in the spread of contagious diseases. This has become a cause of concern for many Americans, especially with...
news-13072024-185833

Simon Property Group: Portfolio Update and Investment Strategy (NYSE:SPG)

In March 2020, Simon Property Group (NYSE: SPG) saw its stock drop by about 60% due to the impact of the pandemic. Despite this, the company maintained a strong credit rating and had enough...
news-13072024-185804

Trump’s Bloody Encounter: Photos Capture Aftermath of Shots Fired at Rally

Former President Donald Trump was involved in a scary incident during a campaign rally in Pennsylvania when shots were fired, resulting in him being rushed offstage by Secret Service agents. Photos captured Trump with...
news-13072024-143659

Weekly EUR/USD Forecast: Latest Analysis and Updates – Action Forex

EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming week. If there is a decisive break above 1.0915, we...
news-13072024-143637

Upcoming Economic Data Releases: US & UK Retail Sales, Japan, NZ, UK, and Canada...

The upcoming week from July 15th to 19th will be filled with various economic data releases and events that will impact the global markets. Here's a breakdown of what to expect:On Monday, the Chinese...
news-13072024-083554

Fed Rate Cuts Expected to Cause Dollar Plunge – Market Analysis

The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost certain. The US CPI report indicated a cooling economy and...
news-13072024-083527

Bitcoin Trading: Profitable Opportunities with Technical Analysis | Forexlive

Bitcoin trading can be a profitable opportunity, but it comes with risks. It's important to be cautious and patient when trading Bitcoin. Here are some key points and strategies to consider:Bulls' Strategy: - Breakout from...
news-13072024-064855

Increasing Profits: Cevian’s Involvement in Smith & Nephew’s Medical Device Company

Smith & Nephew, a British medical technology company, has caught the attention of activist investor Cevian Capital. Cevian recently acquired a 5.11% stake in the company, believing that there is untapped potential for increased...
news-13072024-025736

NATO’s Escobar Manhunt: Pursuing the Infamous Criminal

NATO is on a manhunt for the infamous criminal, with a focus on the recent 2024 Summit Declaration. The declaration includes plans to provide billions of dollars in assistance to Ukraine, increase military spending...
news-13072024-025715

Is United Parcel Service Stock a Good Investment for the Long Term? (NYSE:UPS)

United Parcel Service (UPS) is set to announce its second-quarter earnings on July 23rd, prompting a closer look at the company's recent performance and whether it presents a good investment opportunity for the long...
news-13072024-025645

Navigating JPMorgan CEO Jamie Dimon’s Inflation and Interest Rate Warnings

JPMorgan Chase CEO Jamie Dimon recently shared his concerns about inflation and interest rates during an interview on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland. Despite some progress...
news-13072024-022156

U.S. Inflation Cooling: Weekly Bottom Line Analysis – Action Forex

In the United States, inflation has decreased more than expected in June, increasing the likelihood of a rate cut in September. This news comes after Federal Reserve Governor Lisa Cook mentioned that a "soft...
news-12072024-202023

ECB Spotlight: Market Shifts Due to Fed Rate Speculations

Last week, the US saw a significant selloff in mega-cap tech stocks following lower-than-expected inflation data. This led to a shift towards riskier areas of the market, with the Russell 2000 emerging as the...