Tag: global economy

Over the past two decades, China has been consuming large quantities of raw materials due to its growing population and expanding industries. The demand for dairy, grain, meat, energy, and metals has been steadily...

WTI oil prices saw a boost on Monday due to increased tensions in the Middle East, leading to concerns about the oil supply. The price opened higher, recovering from last week's low but staying...

In September 1985, during Ronald Reagan's second term as president, finance ministers and central bankers from major countries met at the Plaza Hotel in New York. The main agenda was to discuss ways to...

HSBC Making Waves in FX Services Across Asia-PacificWith international clients wanting to tap into the Asia-Pacific (Apac)-restricted markets and local market players looking to expand their reach, HSBC has emerged as a key provider...

So, like, this economist dude, Brunello Rosa, was all working on his book, Smart Money, and he was like, "Yo, some crazy stuff might go down before this book even comes out in paperback."...

Foreign exchange market-makers often thrive in volatile markets, but the recent tariff news turmoil has tested their resilience like never before. Traders found themselves navigating through unpredictable FX options desks, trying to make sense...

Last week's tumultuous events in Brazil's foreign exchange markets left traders reeling from a mix of profit and pain. While some FX options trades paid off handsomely, a sharp jump in rates caught many...

Dollar Forecast: Bulls Expected to Dominate 2024 - Action ForexIn the world of finance, a quiet holiday week is on the horizon, but that doesn't mean there won't be any fireworks to...

US Consumer Confidence Drops to 104.7: Future Outlook WeakensThe US Conference Board Consumer Confidence took a significant hit in December, dropping to 104.7. This number fell short of expectations for 113.2 and was down...

FOMC Rate Cut: Pace of Easing Expected to SlowAs anticipated, the Federal Open Market Committee (FOMC) decided to lower the target range for the federal funds rate by 25 basis points during today's meeting....