Tag: Global economic outlook
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...
Unveiling the Potential $7 Trillion Increase in Global GDP
The World Bank Unveils a Potential $7 Trillion Increase in Global GDPIn a surprising turn of events, the World Bank recently announced a groundbreaking discovery that has the potential to impact the global economy...
Navigating Market Sentiment: Inflation vs. Slowdown Concerns – Action Forex
Navigating Market Sentiment: Inflation vs. Slowdown ConcernsThe summer of 2024 has brought significant volatility to financial markets as conflicting views on the US economy have taken center stage. Earlier in the year, market sentiment...
US Dollar Hits Session Lows in Forex Trading
The US Dollar Hits Session Lows in Forex TradingThe US dollar has experienced a significant drop in value during recent forex trading sessions. This decline has caught the attention of investors and traders alike,...
Jackson Hole Symposium and PMI Data Highlight Upcoming Week – Action Forex
The upcoming week in the financial world is set to be packed with key events and data releases that will likely shape market sentiment and expectations. From the Jackson Hole Economic Symposium to PMI...
