Nasdaq had its best first six months in 40 years. Here's the next test
Several important macroeconomic reports, including the monthly jobs report, will provide insight into the Fed's ongoing battle with inflation.
Source: cnbc.com
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Week ahead: Sainsbury's, Persimmon, Currys and AO World
The coming week brings a new month of July, or the start of H2 for lovers of business lingo, with investors looking out for updates from Sainsburys, Currys...
Source: proactiveinvestors.co.uk
US Dollar Index: DXY grinds near mid-103.00s as markets await US inflation, Fed
US Dollar Index (DXY) aptly portrays the pre-Fed anxiety as it seesaws around 103.50 amid early Monday in Asia, after declining in the last two consec
United States Federal Reserve Price Index United States Initial Jobless Claims Factory Orders Wall Street
Source: fxstreet.com
GBP/USD Weekly Forecast: Bulls' fate hinges on US inflation data, Fed verdict
Following a positive week, Pound Sterling buyers flexed their muscles as the US Dollar continued its corrective decline. The absence of high-impact ec
United States United Kingdom Jerome Powell Andrew Bailey University Of Michigan Uom Consumer Sentiment Institute For Supply Management
Source: fxstreet.com
US Dollar marginally weaker ahead of US jobless claims data
The US Dollar (USD) stays on the back foot in the second half of the week but the currency's losses against its peers remain limited. The US Dollar In
United States Anthony Nieves Federal Reserve Us Census Bureau Services Business Survey Committee Institute For Supply Management
Source: fxstreet.com
Armstrong Economics
ASIA: According to the World Bank, India's economic growth is expected to slow down further to 6.3% in the financial year FY 2023/24. This is a downward revision of 0.3 percentage points from the previous estimate of 6.6%. The main reason for the slowdown is attributed to constrained private consumption caused by high inflation.
Source: armstrongeconomics.com
US Dollar stays rangebound as Wall Street trades mixed
The US Dollar (USD) stays relatively stable on Wednesday as investors refrain from committing to large positions ahead of next week's highly-anticipat
United States United Kingdom Anthony Nieves Labor Force Participation Services Business Survey Committee Us Bureau Of Labor Statistics
Source: fxstreet.com
Gold Price Forecast: XAU/USD bears ignore sluggish USD on mixed growth concerns, hawkish central banks
Gold Price (XAU/USD) remains bearish around the weekly low after snapping a two-day winning streak with a heavy loss to around $1,939 by the press tim
United Kingdom United States Market Committee Goods And Services Trade Balance United States Treasury Department Organisation For Economic
Source: fxstreet.com
AUD/USD portrays pre-RBA anxiety above 0.6600, ignores upbeat Aussie data
AUD/USD remains sidelined above 0.6600 as it depicts the trader’s indecision ahead of the key Reserve Bank of Australia (RBA) Interest Rate Decision o
New Zealand Kristalina Georgieva International Monetary Fund Account Balance Reserve Bank Interest Rate Decision
Source: fxstreet.com
US Dollar Index: DXY suffers from downbeat data, yields amid Fed blackout
US Dollar Index (DXY) stays defensive near 104.00 amid early Tuesday, after a volatile week-start that initially portrayed a run-up to 104.40 before m
Kristalina Georgieva International Monetary Fund Market Committee Federal Reserve Factory Orders Managing Director Kristalina Georgieva
Source: fxstreet.com