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
Singapore-Thailand Talks Boost Digital & Green Growth
Quick Look: Thailand and Singapore emphasize digital and green economies, deep tech, and smart cities. The economic outl
TODAY'S FEATURED
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
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
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EDUCATION
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential
IMF Forecasts 3.2% Global Growth in 2024
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
IMF Forecasts 3.2% Global Growth in 2024
2023/24 Global Economy: 3% Growth Amidst Conflict
LATEST REVIEWS
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
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts
Akash Network’s AKT Rises 50% Post-Upbit Listing
FOREX NEWS
FOREX NEWS
BROKER NEWS
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
Chinese Yuan Trends: Economic Impact in 2024
Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the CNY reference rate at 7.1059, with operations aimed at stability. Shifts in Chinese production affect global market prices and
Euro Wavers: ECB Rate Signals and Mixed Global Indicators
Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets.
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
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
The Binance Saga Unfolds: Key Figures Facing Legal Reckoning
Quick Look: Binance agreed to a $4.3 billion settlement for charges concerning its inadequate anti-money laundering practices. Key figures detained in Nigeria, facing charges including tax evasion. Legal outcomes could significantly impact cryptocurrency regulations worldwide. Key figures associated with
BROKER NEWS
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 signals with stable PMIs; the Swiss economy weakens with low
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
U.S. House Passes TikTok Ban Bill: Eyes Senate Decision
AUD/USD: Critical Events to Drive Weekly Dynamics
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
Singapore-Thailand Talks Boost Digital & Green Growth
Quick Look: Thailand and Singapore emphasize digital and green economies, deep tech, and smart cities. The economic outlook for Thailand in 2024 projects growth of 2.8%-3.3%, with calls for governmental action to stimulate the economy. Ongoing EU-Thailand trade talks seek to balance economic growth with democratic principles. The
Crossroads Ahead: U.S. Economy Awaits Pivotal GDP Report
As the U.S. eagerly awaits the release of the fourth-quarter gross domestic product (GDP) report, economists and investors brace for potential shifts in the nation’s economic landscape. Forecasts suggest 2% growth, signalling a deceleration