Tag: Economy

India’s recent inclusion in J.P. Morgan’s GBI-EM suite of local currency indices is a significant milestone that could attract more foreign investment and support the country’s economic growth. The move, which saw approximately $400...

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada in June. This anticipated rate cut follows a similar 25-basis...

Traders and investors are usually resilient, but recent comments by former President Donald Trump have rattled their confidence. Following Trump's statement that Taiwan should pay for its own defense against China, shares of major...

The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...

The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost certain. The US CPI report indicated a cooling economy and...

JPMorgan Chase CEO Jamie Dimon recently shared his concerns about inflation and interest rates during an interview on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland. Despite some progress...

The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week, is expected to show a reduction in the growth forecast...

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the NZD/USD dropped, hinting at a potential rate cut in the...

The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation data released in June, with the country's Consumer Price Index...

Japanese stocks surged to a record high following a rally on Wall Street. The Nikkei 225 daily index, although the Topix may be more important for Japan now due to the shift in ETF...

The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum is attributed to Keir Starmer's significant win in the UK...

High risk warning: Foreign exchange trading has a high level of risk that may not be suitable for all investors. When you use leverage, you are creating additional risk and exposure to potential losses. Before...

Foreign exchange trading is a risky venture that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading, it...

More and more people in the business world are expressing concerns about what President Donald Trump's policies and behavior might do to the economy. However, despite the worries, the stock market continues to soar...

The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the weaker economic data coming out of the United States. As...

Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more evidence is needed before they consider lowering interest rates. The...

Another debt crisis is brewing in Europe, and this time it's Greece that is at the center of it. The country needs European creditors to release funds from a bailout agreement made in 2015...

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...

Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as the prices paid component fell by 4.9 points. Despite this,...

The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2 in June, the fastest decline since May 2020. This negative...

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await the release of the US Personal Consumption Expenditure (PCE) Price...

The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption expenditures price index, closely monitored by the Federal Reserve, is...

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing key support levels, with selling pressure originating from Asian markets...

Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the chart pattern that has been forming in the gold market.Over...

Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in June. This led to higher expectations for inflation and interest...

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having stable FX levels is desirable as it helps to maintain...

Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse that occurred in 2016 led to OPEC devising a plan...

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the day. The Bank of England's decision to keep rates unchanged...

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in Gold and Silver, while Commodity Trading Advisors (CTAs) are expected...

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 experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair is trading at 18.41, showing a 0.08% increase. This movement...

The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing inflows in India, which might offer some support to the...

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair, hovering around 0.6144. The current account is a crucial indicator...

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...