Tag: Economic outlook

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Beware of Federal Reserve’s Hawkish Stance: Impact on Forex Trading

The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released, and all eyes are on Fed Chairman Jerome Powell's press...
news-01112024-181827

US Manufacturing PMI Drops to 46.5, Prices Surge – Action Forex

The US manufacturing sector experienced a decline in October, with the ISM Manufacturing PMI dropping from 47.2 to 46.5. This was below the expected 47.6 and marked the lowest level since July 2023. It...
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ECB’s Kazaks: Rates Should Not Fall Below Neutral | Forexlive

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved before diving into the market. Leverage can amplify these risks, potentially...
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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...
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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,...
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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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Consumer Confidence Index Drops Sharply in September

The Consumer Confidence Index, a key indicator of consumers' perception of the economy, saw a sharp decline in September according to the latest report from the Conference Board. The index dropped to 98.7, down...
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Ugly Day for Risk Assets in Americas FX News Wrap | Forexlive

Ugly Day for Risk Assets in Americas FX News Wrap | ForexliveThe Americas FX market experienced a tumultuous day as various economic indicators and market movements sent shockwaves through the financial world. Here is...
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July Inflation Rate Drops to 2.9%, Lowest Since 2021

Inflation in July saw a slight increase, driven primarily by higher housing-related costs, according to a report released by the Labor Department on Wednesday. The consumer price index (CPI), a key measure of prices...
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Asian Market Resilience: Focus on Local Data, Not Just US CPI

Asian equities are showing signs of resilience as they continue to rebound despite global market turbulence. The focus is now shifting towards key data releases in Japan, Australia, and China, which could potentially impact...