Tag: Global economy
GBP Remains Top G10 FX Bet Despite Risk Aversion | Credit Agricole Analysis
Credit Agricole analysis indicates that the British Pound (GBP) remains a strong contender among G10 currencies, despite facing challenges such as increased risk aversion...
China Rate Setting on Monday: What to Expect and How It Affects Forex Trading
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...
Upcoming Economic Events: Flash PMIs, US GDP, and BoC Decision – Action Forex
Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions....
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
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...
China’s Economic Recovery Not Strong Enough: Senior Party Official’s Statement
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...
Warning: Populist US Economic Policies Increase Inflation Risk, Macquarie Advises | Forexlive
Macquarie analysts have recently warned about the potential risks of the United States adopting populist economic policies, which they have dubbed "popunomics." According to...
Trading Strategies and Market Analysis at Sunset Market – Action Forex
The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated...
Eco Data Update: July 18, 2024 – Actionable Insights for Forex Trading
On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at...
Gold Price Forecast: XAU/USD Reaches All-Time High – Action Forex
Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest...
Navigating Challenges: IMF’s Outlook on Inflation Trends
The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
