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European Markets Decline Following Central Bank Decisions
LONDON — European markets experienced a downturn on Friday as investors evaluated a series of central bank rate decisions from the week and their...
Bank Stocks Rise on Fed Rate-Cut Rally
U.S. bank stocks saw a significant boost Thursday following the Federal Reserve's substantial rate cut, with investors optimistic about the potential benefits for both...
GBPJPY Activates Bullish Correction – Forecast for September 19, 2024
The GBPJPY pair has confirmed a shift to a bullish correctional trend by surpassing the 187.15 level. This movement has led to a strong...
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EURUSD Price Forecast Update – September 19, 2024
The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the...
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GBPUSD Forecast Update – September 19, 2024
The GBPUSD price has demonstrated further positive movement, reaching the $1.3265 level. A breach of this level...
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AUDUSD Price Forecast Update – September 19, 2024
The AUDUSD price has surged past the $0.6800 barrier, confirming the continuation of the bullish trend. This...
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Ukraine PM criticises slow progress on IMF aid
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On September 11, senior Ukrainian cabinet officials criticized the International Monetary Fund for slow progress in advancing a new aid program for Ukraine. Ukrainian Prime...
U.S. stock funds outflow nearly $11 billion in a week, the largest outflow in 11 weeks
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Bank of America strategists led by Michael Hartnett said investors were pulling out of U.S. stocks as the possibility of an economic downturn rose....
The currency is devalued by 45% and the country is bankrupt! Dollar soars, yen falls back to 25 years ago
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Influenced by geopolitics, the Fed's interest rate hike and other factors, the exchange rate of major currencies in the world against the US dollar...
The European Central Bank raises interest rates by the most in 20 years, and the euro approaches a 20-year low
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European Central Bank President Christine Lagarde said there will be more rate hikes ahead, but 75 basis point hikes will not be the norm. On...
Not afraid of Fed officials putting eagles, the Nasdaq rose 2%, and U.S. stocks ended the weekly three-day losing streak
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Investors digested Fed Chairman Powell's latest speech on inflation, and U.S. stocks closed higher across the board without fear of a number of Fed...
Prospects of major international financial events next week (September 12-September 16)
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Monday, September 12, 2022 14: 00 UK GDP monthly rate (month on month)14: 00 UK manufacturing output monthly rate (month on month) (July)19: 25 Central...
Iraq suspends crude oil supply to Jordan
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On September 11, according to Jordanian media reports, the Jordanian energy minister said that the supply of crude oil from Iraq to Jordan has...
Ubisoft CEO responds to Tencent’s share increase: the company is completely independent
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Yves Guillemot, co-founder and CEO of Ubisoft, France’s largest video game developer, reportedly said today that the company remains open to other collaborations after...
German Chancellor Scholz: Germany is ready for Russia to cut gas supply
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German Chancellor Scholz issued a statement on the 10th local time, saying that if Russia completely stops natural gas supplies, Germany and Europe are...
Scandinavian Airlines, which enters bankruptcy protection, receives $700 million in financing
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On September 9, Scandinavian Airlines (SAS AB), which entered bankruptcy protection, has received U.S. court approval for $700 million in debtor-in-possession (DIP) financing from...
Malaysian ringgit falls to 24-year low this week
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Malaysia's ringgit fell this week to its lowest level since the 1998 Asian financial crisis on the back of a stronger dollar and expectations...
Crude oil supply risk intensifies again! EIA cuts U.S. oil output forecast for next year
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It was learned that the U.S. Energy Information Administration (EIA) released its monthly report on Wednesday (September 7) Eastern Time, lowering its annual oil...