UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may de
South Korea’s Economic Turmoil in a Shifting Global Landscape
Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with a high delinquency rate of 6.55%. Soar
IMF Forecasts 3.2% Global Growth in 2024
Quick Look: IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges
2023/24 Global Economy: 3% Growth Amidst Conflict
Quick Look: Global Growth Projections: IMF predicts growth of 3% in 2023 and 2.9% in 2024. Geopolitical Tensions: Ongoin
TODAY'S FEATURED
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
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
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03
Quick Look: Snapchat achieved $1.2B in revenue, surpassing the expected $1.1B. Reported
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
LATEST REVIEWS
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy.
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
FOREX NEWS
FOREX NEWS
BROKER NEWS
EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
USD/CAD Market Trends: Key Financial Events
Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions. Oil prices affect CAD; treasury yields and buying interest boost USD. The
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
Akash Network’s AKT Rises 50% Post-Upbit Listing
Quick Look: Akash Network’s price rose from $4 to a peak of $7 following its listing on Upbit. From $1 billion to $1.45 billion, with a trading volume boost of 1560%. Akash Network will host a decentralised AI summit
BROKER NEWS
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth, the dollar attracts investors; USD/JPY faces resistance near 160.00. The
USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Akash Network’s AKT Rises 50% Post-Upbit Listing
The Binance Saga Unfolds: Key Figures Facing Legal Reckoning
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up but pound strength and job market stability noted. In
South Korea’s Economic Turmoil in a Shifting Global Landscape
Quick Look: South Korea’s shadow banking has grown to S$85.8 trillion, with a high delinquency rate of 6.55%. Soaring debts in real estate, highlighted by Taeyoung’s restructuring and a US$66 billion government intervention. Significant funds enrich the tech sector with major semiconductor projects led by SK Hynix and
IMF Forecasts 3.2% Global Growth in 2024
Quick Look: IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges. Advanced economies like the US and the Eurozone show positive indicators, surpassing pre-COVID levels. Geopolitical tensions, inflation risks, and differing central bank approaches threaten forecasted growth despite potential economic drivers.
2023/24 Global Economy: 3% Growth Amidst Conflict
Quick Look: Global Growth Projections: IMF predicts growth of 3% in 2023 and 2.9% in 2024. Geopolitical Tensions: Ongoing conflict in the Middle East escalates oil prices. Inflation Concerns: High inflation rates prompt fears of continued tight monetary policy. Energy Sector Outlook: Predictions of oil prices reaching $100
Russia’s Sanctions Tango: Short Wins, Long Challenges
Russian President Vladimir Putin’s triumphant rhetoric about Russia’s resilience in the face of international sanctions conceals a more complex reality. While Russia appears to weather the storm in the short term, its long-term prospects