The Greenback is softening earlier gains, turning either flat or marginally stronger against most major peers. US data remains very mixed, casting a shadow over […]
Category: Business
GBP/USD plummets as BoE cut rates unanimously
GBP/USD falls 0.93%, hitting a session low of 1.2359 after BoE’s rate cut decision. BoE’s dovish stance intensifies with forecasts of significant easing by the end […]
Canada Ivey Purchasing Managers Index s.a below expectations (53) in January: Actual (47.1)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and […]
Yields, SPY and clearer prospects
S&P 500 came knocking again on low 6,060s, and succeeded – I had an open mind, calling for the best bearish times as over with […]
Truth Social’s owner wants to let you invest based on Trump’s MAGA promises
In This Story The company that owns President Donald Trump’s Truth Social now plans to let consumers invest in companies that benefit directly from his […]
EUR/USD declines as US Dollar revives ahead of US NFP
EUR/USD slumps to near 1.0360 as the US Dollar rebounds, with investors turning cautious ahead of Friday’s US NFP data release for January. Chicago Fed […]
U.S. Jobless Claims Surge to 219K, Pressuring Fed Outlook
The four-week moving average of initial jobless claims, which smooths out volatility, increased by 4,000 to 216,750. This uptick suggests a gradual increase in jobless […]
Pound Falls as BOE Cuts Rates to 4.5%—Will More Easing Follow?
Updated: Feb 6, 2025, 13:53 GMT+00:00 Key Points: BOE cuts rates to 4.5%, its first reduction of 2025, aiming to counter weak economic growth and […]
US-China Trade Tensions Rise—What’s Next for Markets and the Yuan?
15% tariffs on US coal and LNG. 10% tariffs on US crude oil, agricultural equipment, large-displacement vehicles, and pickup trucks. These tariffs will take effect […]
US Dollar dips with ADP, S&P Global and ISM data all painting mixed picture
The US Dollar looks unable to recover earlier losses this Wednesday against most major peers on Wednesday. Despite upbeat ADP and S&P Global PMI data, ISM […]