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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...
Alibaba’s Taobao Shopping App Tops Apple’s App Store with AI-Powered English Version in Singapore
Alibaba's Taobao Shopping App Dominates Apple's App Store in Singapore with AI-Powered English VersionChinese e-commerce behemoth Alibaba's Taobao shopping app has achieved a remarkable feat by topping the charts in the Apple App Store...
USD/JPY falls below 140.80 in Asia-Pacific FX news wrap | Forexlive
China Data and Housing Prices StabilityThe weekend brings anticipation for China's economic data release, particularly focusing on whether housing prices will show signs of stabilization. This key indicator can provide insights into the overall...
USD/JPY Forecast: Daily Analysis and Predictions – Action Forex
USD/JPY Forecast: Analyzing the Current Market ConditionsThe USD/JPY currency pair has been experiencing some fluctuations recently, with the price staying above the temporary low of 140.70 despite a current dip. The intraday bias remains...