Tag: Economic indicators
Bank of England to Keep Rates Unchanged and Approach Cautiously
The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in...
New Zealand Economy Shows Growth Despite Per Capita Decline
New Zealand's economy showed signs of growth in the first quarter of the year, with a GDP increase of 0.2% quarter-on-quarter, exceeding expectations of...
Gold Price Increases as Traders Expect Fed Rate Cuts
Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
Mexican Peso Faces Pressure Ahead of Retail Sales Data Release
The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...
BoJ Minutes: Concerns Over Weak Yen Impact on Inflation
The recent minutes from the Bank of Japan's meeting on April 25-26 have shed light on the concerns surrounding the impact of the weak...
UK Inflation Takes Center Stage Today: What Investors Need to Know
Today, the focus is on UK inflation as major currencies remain quiet. The US holiday will lead to a placeholder trading day, creating a...
Fed’s Williams Predicts Gradual Rate Cuts Amid Ongoing Disinflation – Market Update
New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence...
Forex Market Update: Focus Shifts Across the Channel
The foreign exchange market traded without much movement on Tuesday as investors were focused on the potential timing of Federal Reserve rate cuts. Coming...
S&P 500 Technical Analysis: Path of Least Resistance to Upside
Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to...
Gold Price Consolidates Above $2,300: Analysis and Forecast
Gold prices are holding steady above $2,300 as uncertainty looms around the Federal Reserve's rate-cut decisions. The Fed's recent hawkish outlook has led to...
Breaking Financial News
Small Business Deadline Extended by Treasury to File Form and Avoid...
Janet Yellen, the U.S. Treasury secretary, recently announced an extension of the deadline for small businesses to file a crucial form, known as a...
