Tag: Trade tensions
Japan’s PMI Manufacturing in July: Finalized at 49.1, Back in Contraction
Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector...
Gold Price Outlook: TD Cautious of Downside Risks from Various Directions Including Asian Buyer...
TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary...
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....
Deutsche Bank Analysis: Trump Presidency and China Tariffs Impact on EUR/USD Parity
Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In...
Deutsche Bank’s Top 4 Risks for Second Half of the Year
Deutsche Bank recently highlighted the top risks for the second half of 2024, cautioning investors to stay alert as surprises could be looming just...
China-Taiwan Conflict: Impact on Stock Market Indexes – Action Forex
The tension between China and Taiwan has been a cause for concern, especially in light of recent events. The U.S. government's sanctions on Chinese...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in...
Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area
The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
Signs of potential turmoil in global financial system
Signs of Potential Turmoil in Global Financial SystemFinancial markets have been experiencing a period of relative calm since the turmoil caused by the failure...
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In May
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In MayChicago-area business activity took a surprising turn in May, showing a faster rate of contraction than...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
