Tag: Economic outlook

Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a central banking forum in Sintra, Portugal, Powell highlighted the advancements...

Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for the past five months. This lack of deceleration has been...

The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged about additional support for the common currency leading up to...

Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The decision by OPEC+ to extend voluntary output cuts, along with...

Dividend-paying stocks are a great way for investors to enhance their portfolios and increase returns. To find these stocks, it's important to look for companies with a history of consistent payments and strong financials....

The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI data for June. These reports, scheduled for Monday and Wednesday...

Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction and a rate cut in the fourth quarter is likely....

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has slowed down, and prices are currently below the 50-day moving...

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when using leverage. Before diving into forex trading, make sure to...

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts are focusing on identifying stocks with solid fundamentals and long-term...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility of fewer interest rate cuts by the Federal Reserve. The...

Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist Francesco Pesole. He believes that an August rate cut is...

The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities saw modest gains and crude oil prices surpassed USD 85...

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate cuts by the end of 2024. Despite the Fed's dot...

Eurozone's Purchasing Managers' Index (PMI) data for the month of June has raised concerns as both the Manufacturing and Services sectors experienced significant declines. The Manufacturing PMI dropped from 47.3 to 45.6, falling below...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can lead to...

We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the latest estimates from the Atlanta Fed are showing strength. This...

The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in disinflationary pressures in the UK and speculation about two interest...

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to continue its upward movement. However, the Bank of England meeting...

Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around $2,338 as of late. This surge can be attributed to...

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data from the US indicated a slowing economy, which raised expectations...

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 Yen on inflation. Board members are keeping a close eye...

New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence in the economy, pointing to signs of supply and demand...

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current inflationary pressures are starting to ease, suggesting that we may...

The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged at 4.35%. This decision comes as inflation has decreased significantly since its peak in 2022. Additionally, there has been a...

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 pair is hovering around 1.2670, reaching a monthly low. This...

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, followed by the UK CPI on Wednesday, and Japanese inflation...

The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD). This decline is a result of the expectation that US...

Barry Sternlicht, the chairman and CEO of Starwood Capital Group, recently defended his decision to place restrictions on how much money investors could withdraw from his real estate fund. Speaking at the Milken Conference...

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 excite buyers or give a boost to the New Zealand...

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 labor market data from Australia earlier in the week, the...

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 to keep inflation below 2% by 2026. According to ECB...

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 trading week usually means lower volume and added volatility, which...

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 positions and go short. The positive momentum was supported by...

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing costs high for a longer period will help control inflation....