Tag: Global economic outlook

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Navigating Turkey’s Economic Situation Amid Trade Uncertainty: Weekly Market Update

Trump's Tariff Threats Impact Financial Markets President-elect Trump's unexpected announcement of a potential 25% tariff on Canadian and Mexican goods sent shockwaves through financial markets this week. The Canadian dollar dipped by 1.5% to 71...
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RBNZ Expected to Cut Rates Before US and Eurozone Inflation Updates

The Reserve Bank of New Zealand is gearing up for its last policy meeting of 2024, with expectations high for a rate cut of 50 basis points. The RBNZ has been on a loosening...
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Gold Price Forecast: XAU/USD Rebounds from Two-Month Low

Gold prices experienced a rebound from a two-month low on Monday, following a two-week pullback that saw a 6.5% decrease from its recent record high. The pullback found support around the $2540 zone, which...
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Upcoming Economic Events: UK Data, RBA Minutes, Japanese CPI | Forexlive

This week, there are several important economic events to keep an eye on. On Monday, the G20 meeting in Brazil will set the tone for the week.On Tuesday, the Reserve Bank of Australia...
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Worst Non-Farm Payrolls Reading Since 2020: Forexlive Americas FX News Wrap

The latest economic data in the US has caused some turbulence in the markets. The US October non-farm payrolls came in at +12K, falling far short of the expected +113K. This led to an...
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Forexlive Weekly Market Outlook: 28-01 November

Upcoming Economic Events to Watch This WeekThis week is packed with important economic events that could have a significant impact on the global markets. Here's a breakdown of the key events to watch out...
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Forexlive Americas FX News Wrap: Consumer Sentiment Rises, Market Sentiment Sags

The final consumer sentiment in the US for October came in at 70.5, beating expectations of 69.0. This positive news was accompanied by the US September durable goods orders, which were slightly lower than...
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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...
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Eco Data Forecast for October 22, 2024 – Action Forex

On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and actual figures for some key events.Starting with New Zealand, the...
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Upcoming Economic Events: PBoC LPR, BoC, EZ & UK PMI | Forexlive

The upcoming economic events for the week are as follows:- Monday: PBoC LPR announcement - Tuesday: NBH Announcement, IMF World Economic Outlook - Wednesday: BoC Announcement - Thursday: EZ/UK/US Flash PMIs (Oct) - Friday: PBoC MLF (TBC), CBR...

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