Financial News Editor

On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI) Year-on-Year (Y/Y) for June was reported at 2.20%. Additionally, the...

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await the release of the US Personal Consumption Expenditure (PCE) Price...

Supreme Court Justice Samuel Alito criticized the majority decision on a free speech case involving the White House and social media companies. He, along with Justices Neil Gorsuch and Clarence Thomas, dissented from the...

United Airlines recently confirmed their strong guidance for the second quarter of the year, but despite this positive news, the stock price has dropped significantly. The company had predicted an EPS of $10 for...

Microsoft recently issued a warning to its clients regarding potential cyber threats from Russian hackers gaining unauthorized access to their emails. According to a report by Bloomberg News, the tech giant alerted its customers...

The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption expenditures price index, closely monitored by the Federal Reserve, is...

The tension between China and Taiwan has been a cause for concern, especially in light of recent events. The U.S. government's sanctions on Chinese entities supplying parts to Russia for its conflict with Ukraine,...

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1% versus an expected -0.1%, the dollar initially dipped due to...

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...

Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction and a rate cut in the fourth quarter is likely....

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has slowed down, and prices are currently below the 50-day moving...

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps keep interest rate expectations stable and supports risk sentiment, which...

Gold prices in India saw an increase on Thursday, as reported by FXStreet. The price of Gold was recorded at 6,175.89 Indian Rupees (INR) per gram, showing a rise from the previous day's price...

The upcoming 2024 presidential election is fast approaching, but don't expect either Joe Biden or Donald Trump to address the underlying issues that are eroding our freedoms. The sad truth is that both candidates...

To address Thailand's growing waste issue, Universal Biopack, a company in the country, is utilizing plant-based materials for its packaging solutions. Instead of using plastic, the company incorporates a blend of bamboo and cassava,...

AeroVironment, a military drone maker, recently released their full-year FY24 earnings report, exceeding expectations on both the top and bottom lines. The company experienced a significant increase in sales in their Loitering Munition Systems...

An Australian man, Jordan Patten, has been charged with a terrorism offence after he entered the office of New South Wales state parliamentarian Tim Crakanthorp in Newcastle with plans to kill him. Patten was...

Micron Technology, a leading manufacturer of computer memory and storage, experienced a 7% drop in its stock price during extended trading hours, despite posting better-than-expected results. The focus of investors shifted to the revenue...

On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is currently leading in the opinion polls, with Nigel Farage's Reform...

The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will be achieved. Recent polls suggest that Labour is likely to...

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite concerns about potential intervention from Japanese authorities to support the...

The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly in Nvidia, helped turn things around. Thanks to this strong...

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...

Scranton, a city in Pennsylvania known as the Electric City and President Joe Biden's hometown, is expected to play a significant role in the upcoming 2024 election. Situated in Northeastern Pennsylvania, a crucial swing...

Sears Holdings, the company that owns retail stores Sears and Kmart, recently announced that it would be removing 31 Trump-branded items from its website. This decision was made in order to focus on the...

I recently came across the Allspring Income Opportunities Fund (NYSE:EAD) while looking for high-yielding income funds. The EAD fund offers an attractive 9.1% distribution yield, but it relies on return of capital to cover...

Julian Assange, the founder of WikiLeaks, is expected to reach a plea deal this week, bringing an end to his 14-year legal battle and allowing him to return to Australia. WikiLeaks, a multinational media...

Southwest Airlines experienced a drop in its shares by about 4% during premarket trading on Wednesday due to the airline reducing its revenue forecast for the second quarter. This adjustment was made as a...

A recent report from Vanguard shows that Americans are saving more in their 401(k) plans, but there is still room for improvement when it comes to retirement preparedness. While stock market returns are up...

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting below the 158.35-159.00 range. The possibility of BoJ intervention is...

Trademax Australia Limited, operating under the TMGM brand, a well-known provider of contracts for difference (CFDs) and margin forex trading services, has recently made an important announcement. The Australian Securities and Investments Commission (ASIC)...

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching the major resistance levels at 7.3000 and 7.3100.In the short-term...

The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged in June, the BoJ indicated a willingness to potentially raise...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading,...