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
Biflation: The Economic Paradox
South Korea’s Corp Reform: A Battle Against the Discount
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
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
Biflation: The Economic Paradox
South Korea’s Corp Reform: A Battle Against the Discount
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.
U.S. House Passes TikTok Ban Bill: Eyes Senate Decision
AUD/USD: Critical Events to Drive Weekly Dynamics
FOREX NEWS
FOREX NEWS
BROKER NEWS
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
GBP/USD Down 3.7%, Tests Key Support at 1.2430
Quick Look: GBP struggles at 1.2430 against USD, down 3.7% from March highs. CPI, retail data influence GBP/USD amid Fed and BoE rate speculations. Fed maintains firm stance on rates, BoE signals potential easing. GBP/USD faces critical support at
EUR/USD Eyes 1.0665 Amid Mixed Central Bank Signals
Quick Look: EUR/USD shows potential for a minor rebound, facing mixed market sentiments. Key support at 1.0600-1.0605, with resistance near 1.0710. Hawkish Fed vs ECB rate cut rumours fuel volatility. Upcoming economic events include UK inflation data and the
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.
AUD/USD Nears 2-Week High at 0.6630 Amid US CPI Await
Quick Look: AUD trades near a two-week high at 0.6630 against USD amid upcoming US CPI data and FOMC minutes. March CPI in the US will rise to 3.4% YoY; Fed rate cuts may appear from September 2024. Fed
Awaiting Inflation: U.S. Stocks Up Slightly
Quick Look: U.S. stocks show slight gains as investors seek recovery from last week’s losses, with the Dow Jones up by 10 points. Market volatility was highlighted by significant downturns last week, including a 2.3% drop in the Dow
2024 Cybersecurity: M&A Downturn & Innovation Surge
Quick Look: M&A activities in cybersecurity saw a decrease to $985 million across eight deals in 2024, down from $7.1 billion in 2023. Cyber threats increased 2.5x during geopolitical tensions, with 3,380 incidents reported in 2023. The security startup
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
Singapore-Thailand Talks Boost Digital & Green Growth
NZD/USD Edges Up 0.55%, Yet Bears Dominate
How to Unveil Stocks’ True Value with Analysis in 2024
Russia’s 2023 Economy: Navigating Sanctions Successfully
Gold Hits Record $2,265 Amid Fed Cut Speculation
The U.S.: Feb CPI Growth 0.4%, Job Adds Hit 275K
Quick Look February’s Consumer Price Index is about to rise by 0.4%, indicating an annual inflation rate of 3.1%. Core CPI, excluding gas and food, may decrease slightly from January’s figure. The Producer Price Index will show a marginal increase, reflecting ongoing inflation pressures. Federal Reserve Bank of
Australia’s GDP Growth: A 2023 Q4 Analysis
Quick Look GDP grows by 0.2% in December Quarter 2023, matching economists’ predictions. Annual Australia’s GDP Growth Rate hits 1.5%, aligning with expectations. Export growth and reduced imports boost the economy, while company stock reductions hinder. The household savings ratio rises after two years. Projections indicate a slowdown
Turkey’s Inflation Hits 67.07%, Lira Drops to 31.4205
Quick Look February’s annual inflation rate in Turkey soared to 67.07%, up from January’s 64.86%. The monthly Consumer Price Inflation (CPI) rose by 4.53% in February, surpassing expectations. Central Bank of Turkey ramped up interest rates by 3,650 basis points to 45% since June. The Turkish lira weakened
China’s Economy Hits 30-Year Low, Eyes 5% Growth
Quick Look China’s GDP growth has reached a 30-year low amidst a backdrop of declining birth rates and high youth unemployment. Despite challenges in the financial and property markets, sectors like tourism, electric vehicles, and solar panels show robust growth. The economy expanded by nearly 5% last year,
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