Tag: Global economy

Chicago Federal Reserve President Austan Goolsbee was like, "Yo, Trump's new tariffs are making things hella complicated for us." He mentioned in an interview with CNBC that the Fed is gonna have to hold...

Treasury Secretary Scott Bessent, the big shot, made an appearance before the House Financial Services Committee on May 7, 2025, in Washington, DC. Looking all fancy and official, Bessent had his moment in the...

Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...

Amid the bustling waterfront of Portland, Maine, U.S., shadows of shoppers fall on the pavement as they navigate the streets with their bags in tow. This picturesque scene belies a deeper truth - cracks...

Investors around the world are reevaluating their investment strategies when it comes to China, the largest emerging market globally. Perth Tolle, the founder of Life + Liberty Indexes, has sounded a cautionary note, highlighting...

Ray Dalio, the Founder & CIO Mentor of Bridgewater Associates, made a compelling case for stabilizing the bond market by emphasizing the importance of cutting the U.S. budget deficit. Speaking on CNBC's Squawk Box...

**Wholesale Prices Rise 0.2% in December: Inflation Watch**Customers bustling through a Costco store in Novato, California on December 11, 2024, were met with a surprising piece of news: wholesale prices had crept up by...

**Labor Market Insights: Deciphering Friday's Mixed Jobs Report**This Friday, the Bureau of Labor Statistics is set to release the December jobs report, offering a glimpse into the state of the labor market. With experts...

Federal Reserve Set to Cut Interest Rates in December: What Happens Next?Jerome Powell, chairman of the US Federal Reserve, is gearing up for a crucial decision regarding interest rates in December. The stage...

Bitcoin Price Drops Despite MicroStrategy's Support: A Closer LookIn a surprising turn of events, cryptocurrency-related stocks experienced a significant drop in value despite the price of bitcoin skyrocketing above $100,000 for the first time...

Geopolitics Worsening, JPMorgan CEO Jamie Dimon WarnsIn a recent speech to the Economic Club of New York, JPMorgan Chase & Co. Chairman and CEO Jamie Dimon once again raised concerns about the state of...

Last week, the NASDAQ 100 Index rebounded from its 200-day moving average, showing positive growth. The S&P 500 also saw marginal gains, indicating a lack of rotation from tech to value stocks. However, the...

The US job market is causing concerns about a possible recession. The recent data showed that the unemployment rate rose to 4.3%, triggering the SAHM rule which indicates a recession may be underway. This...

The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the Greenback. This drop in the US Dollar was a result...

On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the key indicators:1. Japan's Monetary Base Year over Year (YoY) for...

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...

Gold and oil prices have seen a significant surge recently due to escalating tensions in the Middle East. The increase in tensions began during the US session yesterday with airstrikes in Lebanon and Tehran...

On July 30, 2024, various economic indicators were reported in different regions around the world. In Japan, the unemployment rate for June remained steady at 2.60%, meeting the forecasted expectations. Moving to Australia, building...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand that leverage can increase the level of risk and potential losses. Before engaging in...

The recent movement in the S&P may not have been as harsh, but many traders felt a sense of deja vu reminiscent of March 2020. This is because all the trades that had been...

Last week was full of market volatility with various factors influencing different currencies and stock markets. The Yen saw a strong rally against major currencies, with Swiss Franc and Dollar also performing well. On...

In the recent trading session, the Australian Dollar (AUD) experienced a slight uptick against the US Dollar (USD), with AUD/USD reaching 0.65515 following a period of intense selling pressure. This recovery comes amidst concerns...

A trio of central bank meetings are set to take place soon, with the Bank of Japan (BoJ), the Federal Reserve (Fed), and the Bank of England (BoE) all making important rate decisions. The...

Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening US dollar and anticipation of potential rate cuts by the...

The dollar index has been showing some upward movement in trading recently, although it remains within a volatile range for the sixth consecutive day. The daily candlesticks of the past two days have long...

The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for July was reported at 47.2, while the Services PMI stood...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary traders is skewed towards the downside, with many traders having...

The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an eye on:PBoC LPR (Mon): The People's Bank of China is...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion and higher-than-expected UK inflation. The GBP's resilience is linked to...

The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of the 20th falls on a Saturday this month. Earlier this...

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions. One key event is the release of the first estimate...

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...

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...

Macquarie analysts have recently warned about the potential risks of the United States adopting populist economic policies, which they have dubbed "popunomics." According to these analysts, the traditional "neoliberal vision" of economic policy management...