Tag: global economy
US Consumer Confidence Drops to 104.7: Future Outlook Weakens – Action Forex
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 Slow – Action Forex
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....
Inflation Pressures and Yield Surge Boost Dollar Performance
Hawkish Fed Undertones Emerge, Treasury Yields Soar and Dollar Gains
Last week witnessed a significant surge in US Treasury yields, driven by consecutive inflation data that highlighted the persistent nature of price pressures. Headline Consumer...
Trump Trade Impact: Dollar Correction & Commodity Currency Fall
Trump Trade Revives Market Optimism
Last week saw a resurgence of the "Trump Trade," igniting optimism across financial markets and leading to fresh record highs in US stocks. This wave of positivity was fueled by...
Data Analysis: Predicting December Rate Cut – Weekly Bottom Line | Action Forex
Canadian Labor Market Report
This week, the Canadian labor market report sent shockwaves through Bay Street, as the unemployment rate climbed to 6.8% - its highest level since January 2017, excluding the pandemic. This increase...
November CPI Preview: Analysis of Minimal Movement – Action Forex
November CPI Preview: Analysis of Minimal MovementIn the upcoming November Consumer Price Index (CPI) report, experts predict minimal movement in inflation rates, indicating a stagnant progress in the ongoing battle against rising prices. The...
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...
Impact of Trade Tariffs, Global Demand, and Policy Uncertainty on Asia | Forexlive
Asia is facing challenges due to trade tariffs, global demand, and policy uncertainty, according to a note from Nomura. The region is bracing for potential economic turbulence in the wake of President Trump's second...
Eurostoxx Futures Decline 0.6% in Early European Trading
Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to carefully consider your investment objectives, experience level, and risk tolerance before engaging in foreign exchange...
Eco Data November 15, 2024: Impact on Forex Markets
On November 15, 2024, several economic indicators were released, impacting the forex markets. Let's take a closer look at some of the key data points.Starting with New Zealand, the Business NZ PMI for October...
