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Fed to Cut Interest Rates, BoE and BoJ on Hold – Weekly Forecast
Fed to Cut Interest Rates, BoE and BoJ on Hold - Weekly ForecastInvestors around the world are eagerly anticipating the upcoming decisions from major central banks regarding interest rates. The Federal Reserve, the Bank...
Boeing CFO Warns Strike Will Jeopardize Recovery & Impact Aircraft Production
Boeing CFO Brian West issued a warning that the ongoing labor strike could have significant repercussions on the company's recovery and production of aircraft. The strike, which began on Friday, followed the rejection of...
European Stock Markets Close with Mixed Results | Forexlive
European Stock Markets Close with Mixed ResultsThe European stock markets closed the trading week with mixed results, with some indices ending the day and the week with gains. Here is a breakdown of the...
U.S. Federal Reserve to Cut Interest Rates – Latest Updates and Analysis
The U.S. Federal Reserve is set to make a historic move by cutting interest rates on Wednesday, marking a significant shift in monetary policy. The decision comes in response to gradual softening in the...
New Rules Target Shein and Temu in Effort to Curb Trade Loophole Abuse
The Biden administration is taking steps to address what it sees as the misuse of a trade loophole that allows low-value shipments into the United States without paying import duties and processing fees. This...
China’s August M2 Money Supply Grows by 6.3% Year-on-Year
China's M2 money supply grew by 6.3% year-on-year in August, holding steady from the previous month. This growth indicates a stable monetary environment in the country. Additionally, new yuan loans totaled ¥900 billion in...
USD/JPY Forecast: Bears Maintain Control, Break Key Support – Action Forex
USD/JPY Forecast: Bears Maintain Control as Key Support BreaksThe USD/JPY pair continues to face downward pressure, with bears firmly in control as the key support level at 140.48 has been breached. This pivotal Fibo...
Adobe Stock Slumps Due to Weak Q4 Revenue Outlook
Adobe Stock Slumps Due to Weak Q4 Revenue OutlookAdobe CEO Shantanu Narayen recently appeared on CNBC to discuss the latest developments at Adobe, particularly in light of the company's third-quarter results. While the results...
ECB’s Muller Forecasts Temporary Inflation Acceleration | Forexlive
As the European Central Bank's Chief Economist, Philip Muller, recently forecasted a temporary acceleration in inflation, it has sparked discussions and speculations within the financial markets. This projection comes at a time when the...
Data-Driven Approach Emphasized by ECB Officials Amid Inflation and Growth Concerns
The European Central Bank (ECB) officials emphasized a data-driven approach in addressing concerns about inflation and economic growth during their recent discussions following a 25bps rate cut. This decision was widely expected as the...