Tag: Politics
Treasury Secretary: Soros Disciple or Gold Bug? Analysis & Report | Forexlive
The possible candidates for Treasury Secretary have been narrowed down to John Paulson and Scott Bessent, according to Reuters sources. John Paulson, known for his bullish stance on gold, may not push for increasing...
US CPI Data to Drive Market Focus in Coming Week
After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the US dollar have all seen significant gains. Treasury yields have...
China Officials to Hold Briefing at 0800 GMT: What to Expect
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can increase your...
Spain October Services PMI Misses Expectations with a Reading of 54.9
In October, Spain's services sector experienced a slight weakening in growth momentum, with a PMI reading of 54.9, falling short of expectations set at 57.0. However, this reading is still considered solid overall. Sales...
Bitcoin Surges to All-Time High Amid U.S. Election Updates
Bitcoin has reached a new all-time high, surpassing the previous peak set on 14 March. The price of Bitcoin surged past $75,300 per coin, showing a significant increase in value. This surge coincides with...
US Trade Deficit Widens Slightly in September to $84.4 Billion
In September, the US trade deficit widened slightly to $84.4 billion, compared to the prior deficit of $70.4 billion. The increase in the deficit was primarily driven by a rush to import items ahead...
GBP Outlook: Rate Cuts vs. Fiscal Confidence – Cross Currents | Forexlive
The Bank of England's upcoming decision on interest rates is expected to have a significant impact on the value of the British Pound (GBP). According to MUFG, the slower pace of interest rate cuts...
China’s Ongoing Challenges Exposed: A Closer Look at the Country’s Issues
Investing in China ETFs used to be a popular choice when the economy was booming. However, with China's economy slowing down, things are not looking as promising as before. This year, the top 10 China...
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...
Today’s Key Events: A Forexlive Overview
In the European session today, there isn't much on the schedule. The only thing to watch out for is the Eurozone CPI report, but since it's the Final reading, it may not have a...
