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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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Wall Street analysts and average investors are slightly bearish on gold, survey shows
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On June 25, a survey by the precious metals website Kitco showed that both Wall Street analysts and ordinary retail investors were slightly bearish...
Russia remains the only country in Europe to see food prices drop in May
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Russia remained the only country in Europe to see a drop in food prices in May, with a record 1.12% fall in annualized terms,...
Japan plans to issue a new version of banknotes in July next year
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On June 25, it was reported that the front of the new 10,000-yen banknote was printed with a portrait of industrialist Eiichi Shibusawa, known...
Moody’s revises baseline assumptions for Fed’s monetary policy
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On June 25, Moody's believed that compared with the last time, the rating agency's baseline assumptions for the Federal Reserve's monetary policy have changed...
ECB Vice President Guindos: ECB enters final phase of rate hike
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On June 25, Guindos, the vice president of the European Central Bank, said in an interview with the Spanish Abezai newspaper that the European...
SWIFT: Renminbi remains the world’s fifth most active currency in May
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According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency...
UK inflation data tops forecasts for fourth straight month
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On June 21, the National Bureau of Statistics of the United Kingdom announced on Wednesday that the CPI in May rose by 8.7% over...
Fed considers hiring behavioral scientists to boost banking oversight
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On June 21, according to foreign media reports, the Federal Reserve is evaluating whether to hire unconventional employees to help improve banking supervision. Barr, the...
UK inflation hits the charts as traders bet rates will rise to highest level since early 2000s
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On June 21, traders ramped up bets on further rate hikes from the Bank of England, pricing in the benchmark rate to levels not...
Unemployment needs to rise to 4.5% to bring inflation back to target
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On June 20, Reserve Bank of Australia Vice Chairman Bullock said that for inflation to return to target, Australia's unemployment rate needs to climb...
Poll: Bank Indonesia likely to continue pause in June rate hikes
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On June 20, eight economists surveyed by The Wall Street Journal believed that Bank Indonesia may continue to keep the benchmark 7-day reverse repurchase...
Agency: Fed’s hawkish comments will make the dollar and fear index jump
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On June 20, the Fed's hawkish remarks this week may suppress risk sentiment, stimulate safe-haven demand for the US dollar, and boost the panic...