Business

The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters poll suggests that the rate is expected to be cut...

The latest US inflation data is set to be released this Thursday at 12:30 GMT, with expectations pointing towards a further decline in the headline Consumer Price Index (CPI) for the month of June....

Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In a conversation with Bloomberg TV, Saravelos emphasized the repercussions of...

The Dow Jones Industrial Average (DJIA) experienced a volatile day on Monday, starting with early highs before dropping back down, ultimately closing the day 40 points lower than Friday's closing prices. This marked the...

Consumer price inflation likely increased slightly in June compared to May but continued to follow a downward trend overall. It is estimated that the headline CPI rose by 0.1% in June, with lower gasoline...

The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from ING. The election day did not bring any significant movements...

Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing down, with the unemployment rate going up and wage growth...

The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum is attributed to Keir Starmer's significant win in the UK...

China's renewable energy expansion has reached unprecedented levels, with the country deploying record-breaking amounts of wind and solar capacity. However, this rapid growth has led to challenges in managing the grid capacity limits, resulting...

Last-mile delivery has become a crucial aspect of the business world, especially in the current post-pandemic environment. Companies like DoorDash and Uber are heavily investing in expanding their infrastructure to meet the growing demand...

Ukrainian air defenses were called into action on Monday to defend against a surprising daytime missile attack from Russia on the capital city of Kyiv and other cities throughout the country, according to local...

The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support at 1.0790 on the 4-hour chart, indicating a positive outlook...

High risk warning: Foreign exchange trading has a high level of risk that may not be suitable for all investors. When you use leverage, you are creating additional risk and exposure to potential losses. Before...

The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data released on Friday. This has led to speculation that the...

Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange market in an interview with Le Temps. Jordan emphasized the...

The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99 – 18.19 range. The currency closed the week with a...

Investors are currently facing a mixed bag of signals as the economy shows signs of softening while the S&P 500 continues to reach new highs. In such a complex environment, many investors are turning...

World Economic Forum founder Klaus Schwab recently addressed delegates at a conference in China, emphasizing the need for humanity to come together and collaborate with global entities. Speaking at the WEF’s ‘Annual Meeting of...

Gold Royalty Corp, also known as GRC, has had a strong start to the year with impressive Q1 results. The company reported record royalty revenue of approximately $2.9 million, marking a 289% growth year-over-year....

On Friday, June 5, the Dollar Index (DXY) hit a three-week low, while the euro showed its largest weekly gain against the dollar in a year. This was due to the US not performing...

The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to watch out for: French Election (Sun): The second round of the...

GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the market, leading to increased optimism among investors. This surge in...

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

The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite the better-than-expected NFP figures, concerns about rising unemployment and slowing...

The NZD/USD pair has shown a positive trend as it closed above the 20 SMA support at 0.6120, indicating bullish momentum. The pair tested resistance around the 0.6150 level, showing signs of strength in...

Each year, the United States provides billions in foreign aid to support global stability, national security, and its own economic interests. To get a closer look at where this money goes, Visual Capitalist's Marcus...

I recently took advantage of the lower prices of the preferred shares of Chatham Lodging Trust (NYSE:CLDT) as I believe the risk/reward ratio looks favorable at the moment. I wanted to revisit the recent...

The U.S. Coast Guard is issuing warnings about potential port closures along the Texas coast due to the looming threat of Tropical Storm Beryl, which is expected to become a hurricane before making landfall....

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls (NFP) report exceeded expectations, downward revisions to the figures from...

Global central bankers are currently fixated on fighting the ghost of inflation, despite the fact that the threat of inflation seems to have subsided and the risk of recession looms larger. ECB chief economist...

The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured an outright majority win. This victory has brought much-needed stability...

US Senator Elizabeth Warren, along with other Democratic senators, has taken a stand by urging President Biden to withdraw his support for the nomination of Saule Omarova as the head of the Office of...

The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that the economy added more jobs than anticipated, but revisions to...

Authored by Ken Silva via Headline USA, the FBI's mid-2000s program to stage neo-Nazi rallies around the country was just the beginning of a larger, multi-state investigation. Following the exposure of an FBI informant...