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Gbp/usd price analysis: pound dips after slow retail growth

British retailers witnessed their slowest sales growth in 11 months in July. On August 2, the Bank of E...

August 8, 2023, 10:35 am

The weekly bottom line: tighter credit weighs on resilience

U.S. Highlights Fitch became the second major credit rating agency to downgrade the U.S. from the top AAA rating, citing the growing fiscal debt burde...

August 5, 2023, 1:52 am

S&p global final us services pmi 52.3 vs 52.4 prelim

Lowest since FebPrelim was 52.4Prior was 54.4Final composite PMI vs 52.0 prelimPrior composite PMI was 53.2Business activity and new orders increased ...

August 3, 2023, 1:45 pm

Us adp jobs rose 324k, slowdown in pay growth without broad-based job loss

US ADP private employment grew 324k in July, well above expectation of 195k. By sector, goods-producing jobs rose 21k while service-providing jobs ros...

August 2, 2023, 12:25 pm

Usd/cad outlook: heading to monthly loss on end to fed hikes

The US dollar is on track for a monthly loss. Preliminary data indicated a contraction in Canada’s economy in June. US inflation rose at the ...

July 31, 2023, 10:21 am

Usd/jpy forecast: yen’s recovery in sight despite a decline

The yen will likely end July with its first monthly increase since March. The BOJ made its bond yield curve control (YCC) policy more flexible. The an...

July 31, 2023, 7:43 am

Economic report: u.s. inflation eases again, pce shows. prices rise at slowest pace in almost two years

The cost of goods and services rose a mild 0.2% in June as inflation eased again, but another measure of prices favored by the Fed showed less progres...

July 28, 2023, 12:38 pm

Despite slowing growth, the battle for artificial intelligence (ai) domination between google and microsoft is kicking off in the cloud

Overall cloud adoption continued to decelerate, notching its slowest growth rate in two years. The AI g...

July 27, 2023, 11:03 am

Visa's q3 profit boosted by consumer spending and summer travel demand

Visa's Q3 profit rose 22% year-over-year as consumers continue to spend, especially on travel. However, shares traded slightly in the red after-hours ...

July 26, 2023, 8:00 am

Australian q2 cpi records slowest quarterly rate since q3 2021, annual inflation eases again

In Q2, Australia’s CPI decelerated from 1.4% qoq to 0.8% qoq, coming in below the expected 1.0% qoq. This marked the lowest quarterly rate since Q3 ...

July 26, 2023, 2:52 am

Fxwirepro:gbp/nzd succumbs to bearish forces after cooler inflation data weighs

GBP/NZD declined on Wednesday as GBP slid further after UK inflation came in below forecasts. Britains high rate of inflation fell by more than expect...

July 19, 2023, 5:29 pm

Technicals and triggers: eur/usd, usd/jpy, and usd/cad

The euro-dollar ascent was mostly a one-way move for most of July. After inflation eased to the slowest...

July 18, 2023, 6:29 pm

Eur/usd weekly forecast: fed’s rate hike cycle nears end

US consumer prices witnessed their slowest growth in over two years. The US reported a 0.2% decrease in...

July 15, 2023, 1:03 pm

Gbp/usd weekly forecast: buyers active amid eased us inflation

GBP/USD had a strong bullish week, with the main catalyst being US inflation. The dollar remained close to its lowest point in 15 months. US consumer ...

July 15, 2023, 1:01 pm

2 warren buffett stocks to buy hand over fist

Amazon shares have climbed this year as cost-cutting efforts started to bear fruit. Johnson & Johnson is spinning off its ...

July 15, 2023, 5:30 am

The weekly bottom line: inflation data brings a healthy dose of optimism

U.S. Highlights Financial markets rallied this week following a string of promising data pointing to easing U.S. inflationary pressures. Inflation as ...

July 15, 2023, 1:44 am

Stocks jump during overnight session as cpi shows cooling inflation

Stocks rallied during the overnight trading session on Wednesday as the latest inflation print offered some hopeful news. Wall Street celebrated on We...

July 12, 2023, 6:11 pm

5 things to know before markets open

Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after...

July 12, 2023, 7:50 am

Ftse 100 drops on growth worries

U.K. stocks slipped into the red on Wednesday after a survey showed U.K. private sector continued to grow in June, but at the ...

July 5, 2023, 9:13 am

Dax declines on china growth concerns

German stocks traded lower on Wednesday after a private survey showed China’s services activity expanded at the ...

July 5, 2023, 8:44 am


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