Tag: Global economic outlook
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...
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...
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...
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...
ECB Prepares for First Consecutive Rate Cut in 13 Years
The European Central Bank (ECB) is getting ready to implement its first consecutive rate cut in 13 years. It is widely anticipated that the deposit rate will be reduced by 25 basis points to...
Morgan Stanley Raises Brent Price Forecast to $80 for Q4 2024
Morgan Stanley, a renowned financial institution, has recently raised its Brent price forecast to $80 for the fourth quarter of 2024. This upward revision indicates a positive outlook on the future of Brent oil...
Forex Market Update: Dollar Holds Steady, Yen Weakens, Sterling Strengthens
Forex Market Update: Dollar Holds Steady, Yen Weakens, Sterling StrengthensLast week, the US Dollar closed on a slightly weaker note following the Federal Reserve's decision to cut interest rates by 50 basis points. While...
Upcoming FOMC, BoJ, BoE Meetings & Economic Data Releases | Weekly Market Preview
Upcoming Central Bank Meetings & Economic Data ReleasesThe upcoming week is packed with major events in the financial world, including meetings from the Federal Open Market Committee (FOMC), Bank of Japan (BoJ), and Bank...
Fed to Cut Interest Rates, BoE and BoJ on Hold – Weekly Forecast
Fed to Cut Interest Rates, BoE and BoJ on Hold - Weekly ForecastInvestors around the world are eagerly anticipating the upcoming decisions from major central banks regarding interest rates. The Federal Reserve, the Bank...
Rate Cut Expectations Drive Dollar Lower as Yields Rise – Action Forex
Market Volatility and Rate Cut Expectations Drive Dollar Lower as Yields RiseLast week saw a whirlwind of unexpected developments in the financial markets that left many investors reeling. The shift towards a risk-on approach...
