Tag: Financial markets
Westpac Analysis: RBNZ Statement Today Less Hawkish Than May – Forexlive
Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to...
Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September
Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
Mexican Peso Strengthens on Positive Inflation Data
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...
CPI Impact: Potential Correction in the Market
Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market...
Keeping Interest Rates High for Prolonged Periods Could Harm Economic Growth
Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended...
Euro’s Response to Falling Investor Confidence – Action Forex
The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%.
Investor...
Powell Speech: Live Updates as Fed Chairman Responds to Lawmakers’ Questions
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...
Bank of England’s Approach to U.K. Growth and Inflation: Analysis and Outlook
The U.K. economy has shown signs of improvement in the first half of 2024, with GDP growth picking up and consumer outlook improving. Despite...
Understanding the NISA Program and its Impact on Japanese Yen Depreciation
The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual...
Bank of Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters...
Breaking Financial News
Top Pre-market Stocks: Rigetti Computing, KULR Technology, MicroStrategy
Breaking News: Rigetti Computing, KULR Technology, and MicroStrategy Dominate Pre-market StocksIn the fast-paced world of pre-market stocks, three companies are making waves today. Rigetti...
