Tag: Economic indicators

news-24102024-214451

Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex

At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to Mann, services inflation still has a long way to go...
news-24102024-034203

Japan Flash PMIs for October: Manufacturing at 49.0, Services at 49.3 | Forexlive

The Japan Flash PMIs for October have been released, with the manufacturing sector at 49.0 and the services sector at 49.3. These numbers indicate a contraction in both sectors, as any reading below 50...
news-22102024-031655

USD/JPY Rises Above 150: Verbal Intervention Threat

Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to pay attention to today, especially since USD/JPY has increased by...
news-21102024-211518

UK’s Consumption Puzzle and Monetary Easing: Insights from BoE’s Greene

In a recent article for the Financial Times, Megan Greene, a member of the BoE's MPC, shed light on the challenges surrounding the UK's consumption trends, labeling it a "consumption conundrum." Despite the fact...
news-21102024-090511

RBA’s Hauser Indicates No Immediate Rate Cuts Due to High Inflation – Action Forex

RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels. The recent positive employment data caused the market to delay...
news-19102024-025515

Weekly Market Recap: Major Indices Close Higher and Up for the Week

The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow and the S&P. However, the small cap Russell 2000 closed...
news-19102024-025446

BoC Rate Cuts Accelerate, Flash PMIs Key for Growth – Action Forex

The Bank of Canada is expected to make a significant rate cut of 50 basis points at its October meeting, based on recent CPI data. However, there is some uncertainty in the markets regarding...
news-18102024-205427

Bostic Projects Neutral Policy Rate Between 3-3.50% | Forexlive

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with the use of leverage. Before diving into foreign exchange trading,...
news-14102024-135601

EURGBP Market Analysis: Weekly News Update (Oct 14 – Oct 18) – Action Forex

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and the United Kingdom. The euro is influenced by economic data...
news-12102024-130056

Federal Reserve President Mester: Neutral Rate Higher than Before | Forexlive

Federal Reserve President Mester recently stated that the neutral interest rate is higher than before. This statement has significant implications for the financial markets and investors.The neutral interest rate, also known as the equilibrium...

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