Tag: Analysis
Gold Price Drops Following Release of Strong US PMI Data
Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in June. This led to higher expectations for inflation and interest...
Understanding the Reasons Behind the Doubling of Oil Prices
Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse that occurred in 2016 led to OPEC devising a plan...
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the day. The Bank of England's decision to keep rates unchanged...
CHF Safe Haven Status Driving Bid Up – Action Forex
During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it underperformed the worst with a current year-to-date intraday loss of...
USD/INR Exchange Rate Rises Despite Weak US Retail Sales
The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing inflows in India, which might offer some support to the...
Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD
The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair, hovering around 0.6144. The current account is a crucial indicator...
Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast
The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently, a barrel of the North Sea variety is trading at...
MTY Food Group Valuation: Undervalued Investment Opportunity (MTYFF)
MTY Food Group, a company that owns a variety of quick-service, fast-casual, and casual dining restaurants, has faced challenges recently, including margin erosion and higher acquisition costs. However, with a 17.6% decline in stock...
Euro Stable as Market Anxiety Eases – Action Forex
The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming snap parliamentary election in France led to a sell-off in...
USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders
The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the upward movement, with the initial bias leaning towards the upside...
Non-alcoholic Drinks Market to Reach $2.9 Trillion, Globally, by 2035 at 6.9% CAGR: Allied...
Non-alcoholic Drinks Market to Reach $2.9 Trillion, Globally, by 2035 at 6.9% CAGR: Allied Market ResearchThe non-alcoholic drinks market is experiencing significant growth, driven by health-conscious consumer trends, changing lifestyles favoring mindful consumption, innovative...
Does Coca-Cola (NYSE:KO) Deserve A Spot On Your Watchlist?
Does Coca-Cola (NYSE:KO) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue,...
Mint Explainer: Why India’s net FDI is at its lowest level since 2007
India's Net FDI Hits Lowest Level Since 2007India has seen a significant decline in foreign direct investment (FDI), with net FDI dropping to its lowest level since 2007, according to recent data released by...