China Data Unlikely to Slow Fiscal Stimulus Plan

Data for 3Q was better than expected, but due to challenges like a huge fiscal revenue gap, fading export momentum, persistent deflation pressures and downward property sector spirals, more policy support is likely, they say.

Will the US Economy Keep Up the Pace in the Fourth Quarter?

High interest rates, a slowing job market, and continued price pressures have weighed on the economy so far this year, but not enough to tip it into a long-predicted recession. The Federal Reserve is shifting from fighting inflation to maintaining a histo

Bank of Korea Cuts Rate, Joining Global Wave of Policy Easing

The Bank of Korea lowered its benchmark seven-day repurchase rate by a quarter-percentage point to 3.25% from a 15-year high of 3.50% on Friday, ending its longest-ever run of keeping rates on hold. The central bank\'s previous rate cut was in May 2020, a

USD/JPY: Dollar Near 2-Month High as Yen Traders Find Little Appeal to Go Long

The USDJPY pair was climbing steadily on Tuesday and remained near a two-month high Wednesday with forex traders finding new reasons to hold the US dollar and dump the Japanese yen.

China International Capital Corporation: Has A-shares seen a big bottom?

China International Capital Corporation (CICC) released a research report stating that A-shares have rebounded strongly, with the Shanghai Composite Index and the CSI 300 recording their largest weekly gains since 2008. In the past 20 years, the A-share m

The US port strike will kick off on Tuesday, warning the business community that it could result in billions of dollars in economic losses every day

The International Longshore Association (ILA), representing 85000 dockworkers in the United States, announced on Sunday that port strikes on the East Coast and Gulf of Mexico will begin on Tuesday. This strike may lead to serious supply chain disruptions.

The probability of European banks cutting interest rates this month has risen to 80%, and the euro may soon fall

Nomura Securities economist George Buckley said, "The significant reduction in inflationary pressure in the Eurozone has led the market to expect the possibility of the European Central Bank cutting interest rates in October to be close to 80%.

Tesla rises 5% to recover from its decline in 2024! Will the delivery volume in the third quarter exceed expectations?

Tesla rose to $250 to recover from the year\'s decline, driven by higher than expected delivery volumes in the third quarter and expectations for the launch of Robotaxi.

The RBA kept interest rates unchanged for the seventh consecutive time, and markets reacted positively

In its statement on monetary policy, the board reiterated its firm determination to return inflation to its 2% to 3% target.

Australias ASIC has removed 3,500 fraudulent investment websites in an anti-fraud operation

On March 4, the Australian Securities and Investments Commission (ASIC) announced its success in cracking down on investment scams. New data shows that nearly 3,500 fraudulent investment websites have been removed since ASIC Australia launched its anti-sc

Dollar set to hold gains ahead of Fed Chairman Jerome Powells congressional testimony on Wednesday - ING

Following comments from Atlanta Fed President Raphael Bostic, economists at ING analyze the outlook for the U.S. dollar (USD).

WEEKLY DATA: OIL AND GOLD: BRIEF REVIEW BEFORE THE NFP

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook.

SKY HIGH INFLATION, BASE RATES, AND BITCOIN: HOW UK ECONOMIC PERFORMANCE AFFECTS THE GBP/BTC PRICE

The years 2022-2023 were marked by record-high inflation in the UK. Data shows that people saw Bitcoin as a means to protect their savings from the depreciation of the pound – and the price charts of the leading cryptocurrency justify that.

Ethereum Spot ETF – The Next Cab Off the Rank?

An Ethereum ETF would allow investors to invest in Ethereum as easily as buying shares from their brokerage accounts. This would mean that the ETF would hold actual Ethereum tokens and the value of the ETF shares would fluctuate with the price of Ethereum

EURUSD VOLATILITY ABOUND AS MORE AMERICANS BUY HOUSES WHILST EUROPE LAGS BEHIND

EURUSD volatility has been on the rise, reflecting contrasting trends between the United States and Europe, particularly in the housing market.

WHY RETAIL BROKERS ARE LAUNCHING PRIME SERVICES

Insights are provided by leading industry experts, including Elina Pedersen, Co-CEO & CRO of Your Bourse; Andrew Saks, Chief Product Officer at TraderEvolution; Natalia Zakharova, Head of Business Development at FXOpen; and Jay Mawji, CEO of Infinox.