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Silver Price Forecast Update – November 8, 2024
Silver prices have successfully broken below the $31.63 level and are holding below it, reinforcing the expectation of a continued bearish trend in the...
GBP/USD Price Forecast – November 7, 2024
The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...
Brent Oil Price Forecast – November 7, 2024
Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...
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Crude Oil Price Faces Strong Resistance – Forecast for November 6, 2024
Crude oil prices are currently fluctuating around the 72.15$ level, where strong resistance is being encountered. The...
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EUR/USD Price Forecast Update – November 6, 2024
The EUR/USD pair has decisively broken below the 1.0760$ level, reaching our initial target of 1.0700$ and...
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Gold Price Faces Resistance, Bearish Pressure Expected – Forecast for November 6, 2024
Gold prices are testing the key resistance level at $2746.00 but have remained stable below this threshold....
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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...
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...