US Growth Hits 2.8% in Q2, Dollar Steady
The US economy grew by 2.8% in Q2, beating market expectations of 2%, according to the latest BEA data. This
The US economy grew by 2.8% in Q2, beating market expectations of 2%, according to the latest BEA data. This
No Major Surprises in Jobs Data Today’s employment data provides little to influence discussions ahead of the Bank of England’s
The Bank of England (BoE) meets on Thursday, and it is highly likely the Monetary Policy Committee (MPC) will maintain
May Non-Farm Payrolls Indicate Slowing Growth As the key event of the week unfolds, expectations for the non-farm payroll (NFP)
The latest ISM services report indicates Robust US business activity, with the headline index surpassing both forecasts and the previous
Declining USD Amid Weaker Data Economic data for the US shows a notable decline. Economic growth is slowing, as
Most Asian currencies have recently suffered big losses versus a stronger US dollar. This adjustment comes as the Federal Reserve
Most Asian stocks rose Monday as markets welcomed China’s stimulus efforts. Technology-heavy indexes also rose as investors piled into the
FTSE 100 Reaches New Record High The FTSE 100 achieved another record high, approaching the critical 8,500 level, fueled by
The Bureau of Labor Statistics will release the April consumer price index (CPI) figures on Wednesday. This major economic report,
Following the previous day’s dramatic dip, gold prices rebounded significantly on Tuesday, rising over 0.8% to reach the $2,350 barrier.
U.S. stock index futures moved slightly in Monday evening trading as traders prepared for critical inflation data due later this
Tech Sector Leads Gains While Fed Rate Fears Persist In late Sunday trade, U.S. stock index futures rose slightly, boosted
Australian inflation rates surpassed estimates in the first quarter of 2024, with the Consumer Price Index (CPI) rising to 1.0%
Gold Retreats Amid Risk Appetite Recovery The recent easing of tensions in the Israel-Iran conflict has provided a boost to
UEDA, SUZUKI ADDRESS PARLIAMENT ON RATES AND THE STATE OF THE YEN Bank of Japan Governor Kazuo Ueda and Minister
The Bank of England (BoE) has indicated that UK inflation could decline more swiftly towards the target than previously anticipated.
Last week, the US Dollar Index (DXD) reached multi-month highs, driven by increasing speculation that the Federal Reserve might delay
Geopolitical Easing Focuses Market on Fundamentals Traders might experience some relief as Iran has decided against further retaliation against Israel,
The US dollar, as measured by the DXY index, fell from multi-month highs on Wednesday, owing mostly to a drop
Market Recovery Amid Geopolitical Concerns On Sunday evening, US stock index futures began to recoup from last week’s losses, amid
Impact on EUR/USD and EUR/GBP Amid Monetary Policy Divergence The euro fell against major currencies, including the US dollar and
Inflation Data Surprises, Dollar Strengthens The US dollar rallied significantly, reaching its highest level against the Japanese yen since 1990,
Nikkei Surges, Chinese Shares Struggle Asian stocks began the week with mixed performance. The Japanese Nikkei 225 rebounded by 1.6%
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