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....
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...
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...
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...
June FOMC Statement Highlights and Analysis | Forexlive
The Federal Open Market Committee (FOMC) recently released its June statement, outlining key highlights and analysis for the current economic situation in the United States. The statement emphasized that economic activity has been expanding...
Federal Reserve Meeting: Will Officials Signal Multiple Interest Rate Cuts in 2021?
The US Federal Reserve (Fed) is set to announce its monetary policy decisions after the July 30-31 policy meeting on Wednesday. Market expectations suggest that the Fed will maintain the policy rate at 5.25%-5.5%...
Title: BOJ Surprises with Interest Rate Hike Amid Weak Economy and Yen Decline
The Bank of Japan made a surprising decision to raise its benchmark interest rate to 0.25% and announced plans to reduce its monthly bond purchases by half. This move is an attempt to normalize...
PriceSmart: High-Quality Retailer at Fair Value – NASDAQ: PSMT
I am bullish on PriceSmart (NASDAQ: PSMT) due to its solid business model and promising growth potential. PriceSmart is a well-managed warehouse club retailer with stable margins and a growing customer base. The company...
Gold and Crude Oil Prices Surge Amid Middle East Tensions – What to Expect...
Gold and oil prices have seen a significant surge recently due to escalating tensions in the Middle East. The increase in tensions began during the US session yesterday with airstrikes in Lebanon and Tehran...
US MBA Mortgage Applications Decrease by 3.9% for the Week Ending July 26th
US MBA Mortgage Applications decreased by 3.9% for the week ending July 26th. This decline in mortgage applications may indicate a slowdown in the housing market. It is important for investors to be aware...
Pound Sterling Weakens as Fed-BoE Policy Decisions Awaited
The Pound Sterling faced a decline in Wednesday's London session, hovering near 1.2825 against the US Dollar, as investors awaited the outcome of the Bank of England's (BoE) interest rate decision on Thursday. Speculation...
Things to Know about Travel Loans in India
Postponing your travel plan just because of lack of funds? Travelling helps you take a break from daily routines, experience new things, create unforgettable memories, reconnect with yourself, and more. You shouldn't have to...
RBA Can Soon Relax as Inflation Decline On Track – Expert Analysis
In the latest quarter, inflation was pretty much on par with what experts were expecting. The headline Consumer Price Index (CPI) inflation came in at 1%, which was right in line with predictions. However,...
GBP/JPY Holds Above 196.00, Recovering Losses – Key Focus on Currency Pair’s Performance
GBP/JPY managed to bounce back above the 196.00 level after the Bank of Japan (BoJ) announced its interest rate decision. The BoJ decided to increase the short-term rate target by 15 basis points, moving...
Bill Ackman aims to raise $2 billion in Pershing Square fund IPO, below initial...
Hedge fund manager Bill Ackman announced at the Delivering Alpha conference in NYC that he aims to raise $2 billion in the initial public offering of Pershing Square USA. The IPO will consist of...
UF AWARDS APAC 2024: Nomination Round Open Now for Forex Live
The online trading and fintech industry is buzzing with anticipation as the Nomination Round for the UF AWARDS APAC 2024 is officially open for submissions. This round, which began on 15 July, marks the...
Forex Analysis: German Inflation, US Consumer Sentiment, Central Bank Meetings
Investors are keeping a close eye on the financial markets after a volatile day on Monday. The Euro area and Germany's second-quarter Gross Domestic Product (GDP) data are eagerly awaited, along with Germany's July...
Uncovering the Influence of Third-Party Candidates in US Elections
The upcoming US presidential election is shaping up to be a face-off between former President Donald Trump and Vice-President Kamala Harris. Harris, if she secures the nomination, would be only the second woman to...
Investing in Range Resources Stock: Is it a Good Buy Despite Mixed H1-2024 Earnings?
Range Resources recently released its H1 and Q2-2024 earnings reports, showing a mixed performance. While revenues were below analysts' expectations, earnings per share beat expectations at $0.46/share. Despite this, I believe that Range Resources...
Eco Data Forecast for July 30, 2024 – Action Forex
On July 30, 2024, various economic indicators were reported in different regions around the world. In Japan, the unemployment rate for June remained steady at 2.60%, meeting the forecasted expectations. Moving to Australia, building...
Australia Building Approvals Decline by 6.5% in June (vs. Expected -1.5%)
Australia experienced a decline of 6.5% in building approvals for the month of June, which was higher than the expected decline of 1.5%. This news may have an impact on the foreign exchange market,...
PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications
The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous day's fix of 7.1316. This decision comes amidst ongoing trade...
Enhancing Customer Experience: AI’s Role in Vanguard’s Strategy
Vanguard, a well-known asset management company, is looking to enhance its customer service experience by utilizing artificial intelligence, according to the new CEO, Salim Ramji. The firm, which has faced criticism for its customer...
Will Bank of Japan Raise Rates at the Next Policy Meeting? – Forex Analysis...
The Bank of Japan (BoJ) is gearing up for a crucial decision on interest rates at its next policy meeting. This decision is expected to have far-reaching implications for the global financial markets and...
Treasury to Borrow $740 Billion in Q3: What it Means for Forex Trading
The US Treasury recently announced plans to borrow $740 billion in the third quarter of the year. This amount is actually lower than the initial estimate of $847 billion made back in April. The...
Navigating Financial Markets: How the Fed Influences Dow Jones Performance
The Dow Jones Industrial Average (DJIA) was relatively stable on Monday, hovering around 40,600.00 as investors await the Federal Reserve's (Fed) upcoming rate decision. The Fed is anticipated to maintain current interest rates during...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing the major trend line resistance of a triangle on the...
Weekly Interest Rate Forecast Update | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand that leverage can increase the level of risk and potential losses. Before engaging in...
Gold price rises as US Dollar weakens on expectations of Fed rate cuts –...
Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar remains weak due to expectations of a Fed rate cut...
Bank of Japan’s New Inflation Strategy Sparks Discussion in Financial Markets
The Bank of Japan recently conducted a comprehensive review of its past policies, signaling a potential shift in its approach to inflation. According to Reuters, this review is expected to lay the groundwork for...
GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap
GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut expectations from the Bank of England (BoE) next week. This...
Fed Officials Wary of Waiting Too Long for Rate Cut – Timiraos Analysis |...
The latest Fed preview by Wall Street Journal Fedwatcher Nick Timiraos suggests that there may be a potential rate cut in September, although no leaks have been confirmed yet. The Fed seems to be...
EUR/USD struggles to break above 1.09 resistance in light Friday trading
The EUR/USD pair experienced a slight uptick on Friday, although it remained in negative territory for the week overall. Market sentiment has been primarily influenced by hopes of a rate cut by the Federal...
Hartnett: Liquidation of Overcrowded Trades Sparks Market Movement
The recent movement in the S&P may not have been as harsh, but many traders felt a sense of deja vu reminiscent of March 2020. This is because all the trades that had been...
Best Dividend Stocks Recommended by Top Wall Street Analysts for Enhanced Returns
The U.S. stock market has been experiencing some ups and downs recently due to earnings season and the upcoming elections. However, one way investors can potentially smooth out this volatility in their portfolios is...