Tag: Economic recovery

Asia-Pacific Markets Respond to Wall Street RecoveryAsian markets showed a mixed response on Tuesday, following gains on Wall Street that helped the S&P 500 and Nasdaq Composite rebound from their worst week of the...

US Vice President Kamala Harris is currently in the process of developing her economic policy plan with the help of economist Brian Deese, a former director of President Joe Biden's National Economic Council. Deese,...

JPMorgan Chase CEO Jamie Dimon recently shared his thoughts on the current state of the U.S. economy, expressing his belief that the likelihood of a recession is higher than a "soft landing." Dimon stated...

The US stock markets have shown signs of recovery despite an initial decline. This is good news for investors who may have been worried about the recent fluctuations in the market. While there is...

The U.S. labor market may have taken a hit in July due to a gradual slowdown in the economy and the impact of Hurricane Beryl. The upcoming nonfarm payrolls report from the Labor Department,...

The recent statements from Japan's finance minister, Suzuki, highlight the importance of maintaining proper debt management through close dialogue with markets. He emphasized that a reduction in the Bank of Japan's JGB purchases would...

The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by 4.8% Year-on-Year in the second quarter, surpassing the previous quarter’s...

Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector after a brief period of growth in early 2023. According...

China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...

Federal Reserve Chairman Jerome Powell recently addressed Congress in his semiannual testimony, discussing risks beyond just inflation that the Fed is considering. While he emphasized the importance of not cutting interest rates until there...

Jerome Powell, Chairman of the US Federal Reserve (Fed), recently delivered the Semi-Annual Monetary Policy Report and responded to questions from the Senate Banking Committee. Powell highlighted several key points during his speech, emphasizing...

The latest report on job opportunities for June reveals some interesting trends in the labor market. While overall nonfarm payrolls grew by 206,000, the job gains were not evenly distributed across all sectors.Health...

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...

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...

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 0.1% growth. This growth helped the economy bounce back from...

The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections. President-elect Claudia Sheinbaum is working to reassure the markets with...

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...

Bundesbank Forecast for Germany: German economy poised for recoveryThe German economy is showing signs of slowly regaining its footing, according to the latest forecast from the Bundesbank. After a period of weakness lasting approximately...