$2M Daily Loss: Baltimore Bridge Collapse Aftermath
Quick Look: The Francis Scott Key Bridge in Baltimore collapsed after a massive container ship strike. Daily wage loss
France’s Fiscal Path 2023-2027: Deficit & Growth
Quick Look: France’s public deficit climbed to 5.5% of GDP in 2023, beyond the set target of 4.9%. The French gove
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 b
Biflation: The Economic Paradox
In the vast tapestry of economic phenomena, few concepts capture the complexity and nuance of our economic system quite
TODAY'S FEATURED
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
New Zealand Back to Recession: GDP Falls 0.1%
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
Nikkei Peaks, CSI Gains Amid Global Economic Tensions
U.S. Economy Grows: 2% GDP & Key Market Surges
Eurozone’s PMI at 48.9: Signs of Economic Resilience
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
New Zealand Back to Recession: GDP Falls 0.1%
Ford Motor’s $419M Investment Boom: A Detailed Look
Quick Look: CVA Family Office LLC snaps up 4,559 shares of Ford
Turkey’s Inflation Hits 67.07%, Lira Drops to 31.4205
China’s Economy Hits 30-Year Low, Eyes 5% Growth
Nikkei Peaks, CSI Gains Amid Global Economic Tensions
U.S. Economy Grows: 2% GDP & Key Market Surges
Eurozone’s PMI at 48.9: Signs of Economic Resilience
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
France’s Fiscal Path 2023-2027: Deficit & Growth
New Zealand Back to Recession: GDP Falls 0.1%
LATEST REVIEWS
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
Quick Look: The Francis Scott Key Bridge in Baltimore collapsed after a massive container ship strike. Daily wage loss is estimated at $2 million, affecting 8,000 jobs and disrupting cargo worth up to $200
New Zealand Back to Recession: GDP Falls 0.1%
FTX Saga: $400M Vanished, Bitcoin Plummets 8%
FOREX NEWS
FOREX NEWS
BROKER NEWS
People’s Bank of China Sets USD/CNY at 7.0975
Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation
Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal
Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the
DXY Dips to 102.868: Inflation & Fed’s Future Moves
Quick Look The DXY Index recorded a minor decrease to 102.868, reflecting a -0.06% change. February’s CPI data aligns with expectations, showing a 0.4% increase month-on-month. Core inflation rates exceed forecasts, signalling stronger inflationary pressures. Federal Reserve’s potential rate
NZD/USD Stalls: Impact of 0.8% US Sales Rise & Fed’s Move
Quick Look NZD/USD remains nearly unchanged, oscillating within a narrow band near two-week highs. US inflation data and Federal Reserve rate cut speculations influence market sentiment. Technical indicators suggest a bullish outlook for NZD/USD, with key resistance and support
Key Strategies to Boost Passive Income in 2024
In today’s rapidly evolving economic landscape, pursuing passive income has become more crucial than ever. With traditional employment uncertain and the cost of living increasing, establishing reliable passive income streams has become a strategic approach to financial security and
AUD/USD Drops 0.32% Ahead of Key Economic Events
Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with
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
NZD/USD Stalls: Impact of 0.8% US Sales Rise & Fed’s Move
Quick Look NZD/USD remains nearly unchanged, oscillating within a narrow band near two-week highs. US inflation data and Federal Reserve rate cut speculations influence market sentiment. Technical indicators suggest a bullish outlook for NZD/USD, with key resistance and support
BROKER NEWS
$2M Daily Loss: Baltimore Bridge Collapse Aftermath
Quick Look: The Francis Scott Key Bridge in Baltimore collapsed after a massive container ship strike. Daily wage loss is estimated at $2 million, affecting 8,000 jobs and disrupting cargo worth up to $200 million. President Biden seeks federal funding for rebuilding, highlighting the Bipartisan Infrastructure Law’s role. Minimal
Australia’s GDP Growth: A 2023 Q4 Analysis
Yuan’s Leap: Top 8 to Top 5 in Global Trade?
Swiss Franc Climbs Amid Rising Inflation Data
NZD/USD Dips to 0.6100 Amid 7.8% Trade Deficit
Key Events to Sway USD/CAD: BOC Holds at 5%
China’s Economy Hits 30-Year Low, Eyes 5% Growth
2.6% GDP Growth: Russia Defies Sanctions in 2024
Quick Look Russia’s GDP is on the way to grow by 2.6% in 2023, surpassing previous years’ forecasts. The defence and security budget in 2024 constitutes 40% of total expenditure amid rising inflation and labour shortages. Economic resilience is attributed to strategic preparation for financial sanctions and lucrative
China’s Economy Surges 5%: A Dragon’s Challenge Ahead
Quick Look China exceeded its modest growth target by over 5% last year. The crisis in the property market, subdued exports, and regulatory pressures on private sectors mark key challenges. Record withdrawals by international investors from Chinese stocks signal waning confidence. Deflation streaks and high debt-to-GDP ratios underline
Divergent Global Recoveries: U.S. Thrives, Others Struggle
Quick Look Japan and the UK entered technical recessions with negative GDP growth for two consecutive quarters. Germany’s economy also reports consecutive quarterly declines in GDP. China’s economic slowdown, particularly in its property sectors, raises concerns. The U.S. economy showcases resilience with strong credit-driven consumption despite a decline
Japan Slips to 4th in Global Economy, GDP Shrinks 0.4%
Quick Look Japan now ranks as the world’s fourth-largest economy, trailing behind Germany. The country’s GDP contracted in the last quarter of 2023, with an annual shrinkage of 0.4%. Economic growth slowed to 1.9% in 2023, with expectations of further deceleration to 0.5% in 2024. A weakening yen
Hyped Economy: The Unpredictable Terrain of 2024
In economic terms, the year 2023 brought an array of surprises, leading to the coining of the term “hyped economy.” This period, characterized by defied predictions and a reevaluation of economic models, sets the