Tag: Global economy

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of the US Dollar. The Eurozone's Composite PMI unexpectedly declined to...

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. The Manufacturing PMI dropped from 47.3 to 45.6, falling below...

The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in Building Permits and Housing Starts, the USD showed resilience. Federal...

Germany's Economy Minister recently discussed the country's complicated relationship with China. He highlighted that China is an important partner for Germany in various fields. However, he also acknowledged that the relationship has become more...

Natural Gas prices have been trying to recover after a four-day losing streak. Traders are examining various data points, including the fact that European Gas storages are currently 73.41% full. This news comes as...

The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest only one interest rate cut this year, possibly in December....

Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down. Although the gap was eventually filled later in the week,...

The Euro has experienced a decline against the Japanese Yen for the second consecutive day, influenced by political uncertainty in France. This uncertainty stems from the decrease in presidential approvals ahead of the General...

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take a closer look at some key highlights from the recent...

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing costs high for a longer period will help control inflation....

ZhejiangPictorial | China's Yiwu Experiences Surge in Orders Ahead of Paris 2024 OlympicsYiwu, a renowned small commodities manufacturing hub located in east China's Zhejiang Province, is currently experiencing a significant increase in production orders...

India's Net FDI Hits Lowest Level Since 2007India has seen a significant decline in foreign direct investment (FDI), with net FDI dropping to its lowest level since 2007, according to recent data released by...