U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000, reflecting a resilient labor market des
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
Quick Overview Frugality Rises Post-Lockdown: Extended lockdowns in China led to more cautious consumer behavior, reduci
S&P 500 Rebounds After Worst August Start in 8 Years
At a Glance Economic Data Boost: Positive economic reports, including easing inflation and strong retail sales, alleviat
Stock Market Drops 1.2% as Dow Sheds 494 Points
Quick Look: Major indices fell sharply, with the Dow Jones down 1.2%, the S&P 500 down 1.4%, and the Nasdaq down 2.3
TODAY'S FEATURED
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
S&P 500 Rebounds After Worst August Start in 8 Years
Saudi Arabia Willing to Accept Deficit for Economic Growth
Japan to Retain Policy, Centers on 10-Year Yield Range
China-Based US Firms Plans to Relocate, Survey Says
EDUCATION
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EDUCATION
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
S&P 500 Rebounds After Worst August Start in 8 Years
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
S&P 500 Rebounds After Worst August Start in 8 Years
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000,
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
S&P 500 Rebounds After Worst August Start in 8 Years
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
S&P 500 Rebounds After Worst August Start in 8 Years
LATEST REVIEWS
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000, reflecting a resilient labor market despite high interest rates. Job Market Cooling: Job creation has slowed, with only 114,000 jobs added in
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
FOREX NEWS
FOREX NEWS
BROKER NEWS
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank of England’s rate policies; unexpected
August Volatility: $250 Billion in FX Carry Trades Unwound
Quick Look Market Turbulence: Early August saw a brief but intense spike in market volatility due to unwinding leveraged trades. FX Carry Trades Hit: The FX carry trades, estimated at ¥40 trillion, were heavily impacted by deleveraging pressures. Deleveraging
Euro, Pound Gain 0.1% as Oil Prices Stabilize
Key Points Euro And Pound Rise: Both currencies edged up as oil prices paused, nearing multi-month highs against the US dollar. Fed Rate Cut Anticipation: Expectations of a Federal Reserve rate cut are pressuring the dollar, boosting the euro
China’s Yuan Gains 1.3% in August Amid PBOC Interventions
Quick Overview Yuan’s Strength: The yuan gained 1.3% against the dollar in August, reversing earlier losses. This was driven by external factors like potential U.S. Fed rate cuts. PBOC’s Caution: To avoid market turbulence, the People’s Bank of China
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000, reflecting a resilient labor market despite high interest rates. Job Market Cooling: Job creation has slowed, with only 114,000 jobs added in July, down from earlier monthly
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank of England’s rate policies; unexpected
Dow Jones Surges 243 Points, Sets New Record at 41,335.05
Quick Overview Dow Jones Hits Record: The DJIA rose by 243.63 points, closing at a record 41,335.05, driven by blue-chip stocks; Tech Stocks Decline: Nvidia dropped 6.4% despite strong earnings, reflecting high market expectations; Positive Economic Data: Weekly jobless
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
Quick Overview Frugality Rises Post-Lockdown: Extended lockdowns in China led to more cautious consumer behavior, reducing demand for luxury goods. Shift to Domestic Brands: Chinese consumers increasingly favor local brands offering quality and value, impacting sales of high-end Western
BROKER NEWS
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000, reflecting a resilient labor market despite high interest rates. Job Market Cooling: Job creation has slowed, with only 114,000 jobs added in July, down from earlier monthly averages. Fed’s Influence: High interest rates are cooling the job
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Dow Jones Surges 243 Points, Sets New Record at 41,335.05
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
Tech Stocks Drop: Nasdaq Down 1.1% Ahead of Nvidia Earnings
China’s Yuan Gains 1.3% in August Amid PBOC Interventions
U.S. Jobless Claims Drop to 231,000 Amid High Interest Rates
Quick Overview Unemployment Claims Dip: Jobless claims fell by 2,000 to 231,000, reflecting a resilient labor market despite high interest rates. Job Market Cooling: Job creation has slowed, with only 114,000 jobs added in July, down from earlier monthly averages. Fed’s Influence: High interest rates are cooling the
China’s Consumer Habits Shift Post-Pandemic: A Frugal Turn
Quick Overview Frugality Rises Post-Lockdown: Extended lockdowns in China led to more cautious consumer behavior, reducing demand for luxury goods. Shift to Domestic Brands: Chinese consumers increasingly favor local brands offering quality and value, impacting sales of high-end Western brands. Economic Slowdown: Economic uncertainty and trade tensions have
S&P 500 Rebounds After Worst August Start in 8 Years
At a Glance Economic Data Boost: Positive economic reports, including easing inflation and strong retail sales, alleviated recession fears. Earnings Surprises: Better-than-expected earnings, especially from Walmart, propelled consumer and tech stocks higher. Market Sentiment Shift: The rapid decline in the Cboe Volatility Index (VIX) reflected a sharp improvement
Stock Market Drops 1.2% as Dow Sheds 494 Points
Quick Look: Major indices fell sharply, with the Dow Jones down 1.2%, the S&P 500 down 1.4%, and the Nasdaq down 2.3%. Meta’s shares rose 4.8% on strong quarterly results, but the increase could not offset the overall market decline. The ISM manufacturing index hit an eight-month low,
Fed Rate Cut Possible as Inflation Nears 2% Target
Quick Look: Fed officials Waller and Williams hint at potential rate cuts amid improving inflation data and cooling the labour market. The Federal Reserve’s benchmark rate has been steady at 5.25-5.5% since last year,