Tag: Economic indicators
Navigating SOXX ETF Price Levels in Volatile Chip Sector: A Guide
The iShares Semiconductor ETF, known as SOXX, had a rough day on Wednesday as it dropped nearly 3% amidst the volatile chip sector. This decline follows a global stock market selloff earlier in the...
European Stock Market Update: Indices Open Lower Today | Forexlive
Foreign exchange trading is not suitable for all investors due to its high-risk nature. Leverage can increase the risk and potential for loss. Before engaging in forex trading, it is important to assess your...
The Unlikelihood of a Global Recession in the Near Future
As investors around the world anxiously watch the global economy, the recent weak jobs report in America has sparked concerns about a potential recession. The stock markets in the United States have experienced a...
EUR/JPY Daily Forecast and Analysis – Action Forex
The EUR/JPY daily forecast and analysis suggest that the intraday bias remains neutral, with a bearish outlook as long as the resistance at 162.87 is intact. If the price falls below the minor support...
France Trade Balance Improves in June: -€6.09B vs -€7.99B Prior
France's trade balance showed improvement in June, with a deficit of €6.09 billion compared to the previous month's deficit of €7.99 billion. This positive change indicates a potential boost in the country's economy.It is...
GBP/USD Market Analysis: Dive vs. EUR/GBP Strength – Action Forex
GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...
Analyzing the August Income Sell-Off: Key Insights and Strategies
August has historically been a challenging month for the market, and this year was no exception. The month started with significant price movements, causing concern among investors. In a recent analysis, it was predicted...
Fed’s Interest Rate Cuts: Key to Preventing Recession – Market Outlook
Federal Reserve Chairman Jerome Powell and the rest of the central bank are facing a critical decision that could impact the economy and the financial markets. The recent turbulence on Wall Street has raised...
Fed Put Success: Analyzing the Impact on Forex Markets
Yesterday, Jeremy Siegel, a Warton Professor known for his market commentary, made a bold call for an emergency 75 basis point Fed cut, followed by another 75 bps in September. However, with the Atlanta...
JP 225 Index Recovery Attempt After 20% Crash – Market Update
Japan's 225 stock index, also known as the JP 225 index, took a significant hit recently, dropping by a staggering 21% to reach a 10-month low of 30,361. This sharp decline was attributed to...