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
LATEST REVIEWS
EDUCATION
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
New Zealand Back to Recession: GDP Falls 0.1%
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
Global Events and Weather Drive Grains’ Price Increases
Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global
Singapore-Thailand Talks Boost Digital & Green Growth
Russia’s 2023 Economy: Navigating Sanctions Successfully
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
New Zealand Back to Recession: GDP Falls 0.1%
UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops
IMF Forecasts 3.2% Global Growth in 2024
LATEST REVIEWS
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
The Binance Saga Unfolds: Key Figures Facing Legal Reckoning
U.S. House Passes TikTok Ban Bill: Eyes Senate Decision
FOREX NEWS
FOREX NEWS
BROKER NEWS
NZD/USD Struggles at Key Resistance Levels
Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement. Cautious investor sentiment due to US inflation, geopolitical
Market Volatility Drives USD/CAD Lower
Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break
USD/CHF Targets 0.9173 Amid Rising Channel
Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values.
Australian Dollar Rises 0.37% Despite Recent 2.2% Drop
Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1
Gold, Silver Up Rs 10, Rs 100 Amid Global Strife
Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78%
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
Australian Dollar Rises 0.37% Despite Recent 2.2% Drop
Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1
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.
BROKER NEWS
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 a
AUD/USD Nears 2-Week High at 0.6630 Amid US CPI Await
Awaiting Inflation: U.S. Stocks Up Slightly
2024 Cybersecurity: M&A Downturn & Innovation Surge
AUD Surges: Economic Optimism & Fed Insights Propel Rise
Singapore-Thailand Talks Boost Digital & Green Growth
New Zealand Back to Recession: GDP Falls 0.1%
Quick Look New Zealand’s economic contraction by 0.1% in the last quarter of 2023. The per capita economy shrank by 0.7% in the same period. A record migration intake of 141,000 in 2023 amidst economic downturns. The upcoming national budget may introduce significant adjustments in response to the
Biflation: The Economic Paradox
In the vast tapestry of economic phenomena, few concepts capture the complexity and nuance of our economic system quite like biflation. This term, coined by Dr. F. Osborne Brown in 2003, offers a window into an economic anomaly that defies conventional wisdom. The term tells the story of
BoJ Shifts Gear: Ends NIRP, Raises Rates First Time in 16 Years
Quick Look The BoJ has announced significant changes to its monetary policy, marking a departure from the negative interest rates since 2016. For the first time since 2007, the BoJ raised borrowing costs, setting short-term interest rates at about 0% to 0.1%. The policy adjustments include the end
South Korea’s Corp Reform: A Battle Against the Discount
Quick Look South Korea introduces the Corporate Value-up Programme to mitigate the “Korea Discount” and stimulate stock market valuations. The National Pension Service (NPS), the world’s third-largest pension fund, awaits details to adjust asset allocation. Comparisons with Japan’s market reforms spotlight potential benefits and investor scepticism regarding South
US Economy Surges 3.3% in Q4
Robust Economic Growth, Challenges, Predictions of Recession The U.S. economy delivered a stunning performance, expanding at an annualized rate of 3.3% in the final quarter of 2023, according to the Commerce Department’s report on