Tag: Global economic outlook
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...
