Tag: Economic data analysis
Surprising April Payroll Growth Hits 177,000 in U.S.
So, like, job growth in April was s'posed to be all weak and stuff 'cause of Trump's tariffs on trading partners, right? But surprise surprise, nonfarm payrolls actually went up by 177,000, which is...
NZD/JPY Price Analysis: Bearish Momentum Persists
The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends on a significant drop in the Relative Strength Index (RSI)...
Eco Data Analysis and Forecasts for August 2, 2024
On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the key indicators:1. Japan's Monetary Base Year over Year (YoY) for...
Atlanta Fed GDPNow Q3 Growth Estimate Revised Down to 2.5% | Forexlive
The latest update from the Atlanta Federal Reserve shows a slight downgrade in the GDP growth estimate for the third quarter of this year. The estimate now stands at 2.5%, down from the previous...
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...
Eco Data Analysis and Forecasting – Action Forex
The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for July was reported at 47.2, while the Services PMI stood...