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Nike’s Stock Declines Amid Analyst Concerns of Potential Selloff
Shares of Nike Inc. fell on Monday following a warning from J.P. Morgan that the company's upcoming quarterly results could trigger a selloff. Analysts...
China Introduces Stock Stabilization Fund and Liquidity Support of $113 Billion
China is contemplating a stock stabilization fund while injecting at least 800 billion yuan (approximately $113 billion) into its struggling equity market. This initiative...
USD/CAD Forecast: September 23, 2024 – USD/CAD Outlook
The USD/CAD pair is currently hovering around the $1.3562 level, making efforts to maintain stability above this support, which sustains the potential for a...
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Brent Oil Price Forecast: September 23, 2024 – Brent Outlook
Brent oil prices have opened with positive trades, approaching the $75.24 level, which aligns with the 50%...
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Corn Price Forecast: September 23, 2024 – Corn Outlook
Corn prices have come within a few pips of our anticipated target of $405.20, showing signs of...
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USD/CHF Forecast: September 23, 2024 – USD/CHF Outlook
The USD/CHF pair is showing signs of recovery, approaching a potential test of the key resistance at...
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If the Fed does not cut interest rates by the end of 2024, USD/JPY may reach 160
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Bank of America strategists Shusuke Yamada and Izumi Devalier, among others, said that if the Fed does not cut interest rates by the end...
ANZ: New Zealand business confidence jumps in June
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On June 29, ANZ's monthly business survey showed that New Zealand's June business confidence index jumped 13 points to -18%, the highest level since...
India plans multi-billion dollar energy storage subsidies
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On June 28, according to the British Financial Times, the Indian government is preparing to introduce a new multi-billion-dollar subsidy plan to provide subsidies...
Canada’s economic growth will still disappoint, interest rate will be cut to 3% next year
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On June 28, Canada may avoid a recession thanks to strong immigration and an upturn in the housing market, but growth will still disappoint,...
New U.S. Treasuries Are Plenty of Places to Go
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On June 28, after the Fed stopped reinvesting all maturing U.S. Treasuries, the U.S. Treasury could only borrow more money from the investing public. The...
Lagarde: ECB faces new phase of persistent inflation
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On June 27, European Central Bank President Christine Lagarde said on Tuesday that inflation in the euro zone has entered a new phase and...
Weaker dollar provides boost to industrial metals prices
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On June 27, metals prices were moving higher as the dollar weakened, providing a boost to industrial goods. LME three-month copper rose to 8458 US...
Commerzbank: Euro may rise this week on strong inflation data
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On June 27, youna Park-Heger, a foreign exchange analyst at Commerzbank, said in a note that the euro rose on Tuesday, despite signs of...
Japanese stock market gains may cool down in the second half of the year
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On June 26, Talaria Capital said Japan's recent stock market rally could cool in the second half of the year as the highly cyclical...
JPMorgan: Australian inflation expected to cool in May
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June 26, at present, everyone in the market is focusing on the Australian May inflation indicator released on Wednesday, because the RBA recently mentioned...
The probability of the Fed raising interest rates by 25 basis points in July is 74.4%
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On June 26, according to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged at 5.00%-5.25% in July is...
Digital RMB cross-border retail payment cooperation enters the second phase of testing
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On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the...