Tag: Economic outlook
Citi Downgrades European Equities, Upgrades US Equities: Reasons and Analysis
A recent note from Citi has caused some waves in the financial world. The note, released on Monday, revealed that Citi has downgraded its...
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...
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,...
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)....
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...
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...
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...
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...
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...
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...
Breaking Financial News
Winners of Prolonged Higher Interest Rates: Cash Account Holders
Winners of Prolonged Higher Interest Rates: Cash Account HoldersIn a recent Federal Reserve forecast, the news of a slower pace of interest...
