Tag: Economy
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...
EUR/AUD Forex Analysis: Mid-Day Update and Forecast
The EUR/AUD currency pair has been experiencing a downward trend, with the recent decline from 1.6598 to 1.6161 indicating a bearish bias. The intraday outlook suggests that the pair may continue to fall towards...
European Equities Aim for Recovery in New Trading Day
European equities are on the rise in the new trading day, but it's important to be aware of the high level of risk associated with foreign exchange trading. This may not be suitable for...
EUR/USD Daily Forecast: Latest Analysis and Predictions – Action Forex
The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...
Crude Oil Futures Settle at $69.39: Latest Updates and Analysis
The WTI crude oil futures settled at $69.39, showing a slight increase of $0.23 or 0.33%. This price is technically closing above its 200-hour moving average, which is a positive sign for the buyers....
Canada’s CPI Rebounds to 2% in Oct, Services Inflation at Lowest Since Jan 2022
Canada's inflation picked up speed in October, reaching an annual rate of 2.0% year over year. This was slightly higher than the expected 1.9% and an improvement from September's 1.6% year over year. The...
US Labor Market Adding to Inflationary Pressures – San Francisco Fed Economists
The US Treasury market followed a familiar pattern last week, testing recent lows before rebounding. Despite the lack of a strong trigger like a speech from Powell or retail sales data, the movement was...
Boosting Pay is Crucial for Japanese Economic Revitalization – Forexlive
Boosting Pay is Crucial for Japanese Economic RevitalizationThe Japanese economy has been facing challenges in recent years, and one of the key factors that could help revitalize it is boosting pay for workers. Increasing...
