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Sep 6, 23 •
115 Views •
Top News •
Zahir Shah
Comments Off on Dollar-Positive Sterling and Euro Moves Against Stagflation Fears
Due to the Labor Day holiday in the United States, trading volumes were low on Monday. In the coming week, trading activity is expected to pick up, and overall activity will also increase after the holiday season ends in the US and Europe. The movements of...
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Sep 6, 23 •
84 Views •
Top News •
Zahir Shah
Comments Off on Forex Signals Brief: Central Banks Are Back with RBA Meeting Today
In today’s policy meeting, the Reserve Bank of Australia kept the Cash Rate at 4.10 per cent. Governor Lowe stated that higher rates are helping to lower inflation, which has passed its peak but remains too high. In response, the Australian Dollar fell...
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Sep 1, 23 •
99 Views •
Top News •
Zahir Shah
Comments Off on Euro Zone Yields Set to Fall Week, Focus On US Data
Investors assessed that rate setter Isabel Schnabel’s less hawkish stance contributed to a fall in eurozone government bond yields after inflation data failed to settle the debate over the European Central Bank’s September rate decision. Bond...
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Aug 31, 23 •
110 Views •
Top News •
Zahir Shah
Comments Off on EU/US Inflation Data Remain the Driving Force
Following Wednesday’s volatile action, major currency pairs remained relatively quiet early Thursday. Following the release of the Monetary Policy Meeting Accounts by the European Central Bank (ECB), market participants will watch the Eurozone inflation...
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Aug 11, 23 •
341 Views •
Top News •
Zahir Shah
Comments Off on Investors Bet on 20-Year Treasuries to Rebound
Bond investors who have repeatedly lost money buying 20-year Treasuries since the U.S. government started reissuing them in 2020 are confident this time will be different. Asset management firm PGIM Fixed Income is one of several fund managers looking to make...
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Aug 10, 23 •
254 Views •
Top News •
Zahir Shah
Comments Off on How X is a Treasure Trove for Economists
Elon Musk, the owner of X (formerly known as Twitter), is not a fan of the Federal Reserve. He often criticizes the central bank for raising interest rates. He even tweeted that they could be “the most devastating in history” last December. But...
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Aug 8, 23 •
175 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on Dollar Strengthens as China’s Trade Data Disappoints
The US dollar gained ground on Tuesday as traders weighed the contrasting economic outlooks for the world’s two largest economies. China’s trade data for July showed a sharp decline in both imports and exports, indicating a weak recovery from the...
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Aug 7, 23 •
195 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Dollar Holds Steady as Traders Await Inflation Data from US and China
The dollar was little changed on Monday after a mixed US employment report failed to spark any significant market reaction. Traders shifted their focus to the upcoming inflation data from the US and China, which could provide some clues on the economic...
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Jul 7, 23 •
262 Views •
Top News •
Zahir Shah
Comments Off on How Rising Interest Rates And OPEC+ Cuts Are Setting Up Oil For A Volatile Year?
This year should have been a golden opportunity for oil bulls, but it has proven just as tricky to trade as any other. China’s rebound from the lockdown and Western governments’ halt of tapping strategic oil reserves should have helped push prices...
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Jul 7, 23 •
295 Views •
Top News •
Zahir Shah
Comments Off on How TikTok is Betting on E-commerce to Survive in the US
TikTok, the popular short video app, has found a way to thrive in Indonesia, the world’s fourth most populous country. By partnering with local e-commerce platforms and offering live shopping events, TikTok has become a destination for millions of...
