Tag: Economy
China’s Ongoing Challenges Exposed: A Closer Look at the Country’s Issues
Investing in China ETFs used to be a popular choice when the economy was booming. However, with China's economy slowing down, things are not looking as promising as before.This year, the top 10 China...
Central Bank Focus: US Inflation Outlook – Markets Weekly Forecast
US Inflation Outlook: Markets Weekly ForecastThe past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...
Eco Data December 5th, 2024 Analysis and Forecast – Action Forex
Eco Data December 5th, 2024 Analysis and Forecast - Action ForexIn the realm of global economics, every detail counts. On December 5th, 2024, the financial world was abuzz with the latest eco...
Canadian Dollar Stable as Investors Await GDP Data – Action Forex
The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's GDP report. Currently, USD/CAD is trading at 1.4005, showing a...
Canada’s Q3 GDP Growth Slows to 0.3%, Per Capita Output Declines for Sixth Consecutive...
Canada's economy saw a slowdown in growth during the third quarter of the year, with a 0.3% increase compared to the previous quarter. This is a decline from the 0.5% growth seen in both...
EURJPY Forecast: Bears Remain in Control – Latest Analysis and Updates
EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday, the currency pair retraced more than half of its September-October...
Boost Your Forex Strategy with New Zealand Business Confidence Insights
Businesses in New Zealand are feeling optimistic about the upcoming year, with the latest survey showing that business confidence remains high. The November 2024 results indicate a business confidence level of 64.9, slightly lower...
US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year
In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted to a total increase of $147.4 billion. At the same...
GBP/JPY Forecast: Daily Analysis and Updates – Action Forex
The GBP/JPY pair continues to show a bearish outlook with no change in sight. The corrective rise from 180.00 appears to have completed with three waves up to 199.79, indicating a potential deeper fall...
Japan CPI Oct 2021: Overall Inflation Eases, Core-Core Rate Rises to 2.3%
Japan's latest inflation data for October showed a mix of both easing and rising price pressures. The core CPI, which excludes food prices, slightly decreased to 2.3% year-over-year, down from 2.4% year-over-year but still...