Tag: Economic outlook

news-17062024-074029

UK Inflation and BoE Policy Push Pound Sterling Below 1.2700

The Pound Sterling is facing challenges as it continues to weaken against the US Dollar for the third consecutive trading day. Currently, the GBP/USD...
news-17062024-072631

Holiday Week Ahead: Retail Sales, Housing, and PMIs

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow,...
news-16062024-232526

Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut

The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
news-16062024-202607

Optimized Title: Sternlicht Defends Gating Starwood REIT Withdrawals Amid Falling Rates

Barry Sternlicht, the chairman and CEO of Starwood Capital Group, recently defended his decision to place restrictions on how much money investors could withdraw...
news-16062024-192503

Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area

The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
news-16062024-144351

Australian Dollar weakens ahead of RBA decision

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
news-16062024-144051

Don’t Allow Inflation to Exceed 2% by 2026 – ECB’s Kazaks | Forexlive

European Central Bank Governing Council member, Kazaks, who is also the governor of Latvia's central bank, has issued a strong warning about the need...
news-16062024-143649

Holiday Week Boosts Retail Sales in Wall Street Brunch

This week, Wall Street experienced a rare midweek holiday with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. The four-day...
news-16062024-143340

S&P 500 Technical Analysis: Week of June 17th

The S&P 500 (SPY) had a strong week, reaching the long-awaited target of 5400-412. This prompted a re-assessment rather than a rush to close...
news-15062024-214446

Global Economy Update: Fed Holds, BOJ Leaves Yen at Risk

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing...

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news-22112024-202424

X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...