Forex News
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Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass. While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may ...
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Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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post: Fed’s Powell: US Economy Has Been Performing Very Well Fed’s Powell: US Economy Has a Very Strong Labor Mkt Fed’s Powell: Households Are in Good Shape Financially post: Powell: Overall a Good Picture Looking at US Economic Data So Far Fed’s Powell: Labor Mkt is Coming Back Into Better Balance Powell: Labor Mkt Moving Back Into Better Balance post: Powell: Signs of Gradual Cooling in the Labor Mkt with Supply and Demand Getting Into Better Balance Powell: Inflation in Q1 Was Notable for the Lack of Further Progress Powell: We Did Not Expect a Smooth Road on Inflation, We Have to Be Patient and Let Policy Do Its Work post: Fed’s Powell: We Expect Continued GDP Growth 2% or Better Powell: We Expect the Labor Mkt to Continue to Rebalance but Remain Strong Fed’s Powell: Expect Inflation Will Move Back Down Powell: Expect Inflation to Move Down Back to Levels More Like Last Year post: Fed's Powell: my confidence in inflation moving back down is lower than it was.
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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent for the 12 months ended in April, the ...
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post: BOE'S PILL: CAN CUT RATES WHILE LEAVING STANCE RESTRICTIVE post: MORE BOE'S PILL: PERSISTENT INFLATION IS STILL RUNNING AT LEVELS THAT MEAN WE STILL HAVE SOME WAY TO GO #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: THE DIFFERENT VIEWS ON THE MPC REFLECT A RANGE OF ASSESSMENT OF THE DEGREE OF INFLATION PERSISTENCE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: IT'S NOT UNREASONABLE THAT THROUGH THE SUMMER WE'LL SEE INFLATION DATA THAT WILL ALLOW A CUT IN BANK RATE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation
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A pair of economic reports this week will show whether inflation is holding strong, receding somewhat or even perhaps increasing as 2024 progresses. First up will be the producer ...
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The Biden Administration is preparing to announce major hikes in tariffs on Chinese clean energy technology and goods, including on electric vehicles, critical minerals, and ...
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Federal Reserve Chair Jerome Powell speaks Tuesday to the Foreign Bankers' Association in Amsterdam.
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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 ...
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post: BOE'S PILL: CAN CUT RATES WHILE LEAVING STANCE RESTRICTIVE post: MORE BOE'S PILL: PERSISTENT INFLATION IS STILL RUNNING AT LEVELS THAT MEAN WE STILL HAVE SOME WAY TO GO #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: THE DIFFERENT VIEWS ON THE MPC REFLECT A RANGE OF ASSESSMENT OF THE DEGREE OF INFLATION PERSISTENCE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: IT'S NOT UNREASONABLE THAT THROUGH THE SUMMER WE'LL SEE INFLATION DATA THAT WILL ALLOW A CUT IN BANK RATE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation
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Payrolled employees in the UK fell by 5,000 (0.0%) between February and March 2024, but rose by 288,000 (1.0%) between March 2023 and March 2024. The early estimate of payrolled ...
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GBPUSD has successfully jumped above the 200-day simple moving average (SMA) with the next crucial obstacle coming from the short-term downtrend line and the 50-day SMA around 1.2590. Technically, the MACD oscillator is still developing with weak momentum above its trigger line and below the zero level, while the stochastic is extending its upside movement ...
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EUR/USD found slim upside on Monday, climbing from early bids near 1.0770 but bullish momentum remains limited with the pair struggling to break above the 1.0800 level. German final Harmonized Index of Consumer Prices (HICP) inflation figures are due during the European market session, but the mid-tier final inflation print is unlikely to drive market ...
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Forex (FX) deposits of retail investors from the USA grew for the fourth month in a row, according to the latest data from the Commodity Futures Trading Commission (CFTC). As per the statistics for March 2024, the total client deposits grew to over $549 million, gaining 1.3% compared to the results from February. Fourth Month of Growth in Total Forex Retail ...