Tag: Economic outlook
Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025
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...
Gold Price Forecast: Insights from ABN AMRO Analysts
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...
Analyzing BOC’s Macklem Q&A: Labor Force Weakening Revealed
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when...
Top Stock Picks Recommended by Wall Street Analysts for Long-Term Investment Success
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...
Gold price drops due to firm US yields and strong USD following solid US...
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...
BoE August Rate Cut Increases, EUR/GBP Recovery Delayed
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...
Euro Area Recovery in Question as PMIs Highlight Weakness
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...
USD/NOK Rises as Norges Bank Maintains Hawkish Stance
The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
Eurozone PMI: Manufacturing Drops to 45.6, Services to 52.6 – Market Update
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....