Forex News
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Christie’s showed tremendous resilience through an up-and-down pair of evening sales held back-to-back in New York on Tuesday night (14 May). Although one major disappointment cast a long shadow over the final figures, some reasons for optimism and pride were nevertheless visible throughout the night. First was a dedicated auction of 26 works from the ...
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Kristofer McGuire, Keith Williamson and Karla Walker have been charged with multiple offences, including fraud by false representation and fraudulent trading, after they targeted victims by persuading them to invest in contracts for difference (CFDs). CFDs are a high-risk investment product used to bet on the price of an asset. Many victims of the alleged ...
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The past year’s steady decline in nominal wage growth now appears in danger of stalling. Given ongoing uncertainty in Ukraine and the Middle East, this seems an opportune moment to revisit the conventional wisdom about the relationship between inflation and wages: if an unexpected increase in energy costs drives up the cost of living, will workers demand ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio remained at 64.0%. • underemployment rate remained at 6.6%. • monthly hours worked increased to 1,955 million. In seasonally adjusted terms, in April 2024: • unemployment rate ...
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Japan's economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan's economy shrank 2.0 per cent annualised ...
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Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching back to last summer. Gross domestic product contracted at an annualized pace of 2% in the three months through March, the Cabinet Office said Thursday. Economists had forecast a ...
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Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching ...
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Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
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Telsey Advisory Group CEO Dana Telsey breaks down the April retail sales print and looks ahead to the release of Walmart's quarterly earnings report. Dana speaks with Tom Keene ...
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Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio ...
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The GDP data released earlier today showed anything but a recovery, modest or otherwise: • Japan's annualised Q1 GDP -2.0% q/q (vs -1.5% expected)But, let's give Minister Shindo ...
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The Australian Dollar surged more than 1% against the US Dollar on Wednesday after data showed that consumer inflation moderated in April, with the underlying Consumer Price Index (CPI) edging lower for the first time in six months. As Thursday’s Asian session begins, the AUD/USD trades at 0.6695, virtually unchanged. Inflation in the US began to show signs ...
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GBPUSD is up today on a slightly cooler US Consumer Price Index (CPI) reading, but is it sustainable? Today, I’ll share the GBPUSD area to watch this week, which lines up with a critical level on the US Dollar Index (DXY). GBPUSD is up today following a slightly cooler print from US CPI. However, it’s not as big of a miss as some were expecting, and US ...
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The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...