Join us in Johannesburg, South Africa this week

I was lucky enough to head to the Finance Magnates Africa Summit last year and I’ll be headed there again this week. It’s a great event that brings together the industry and retail traders in Johannesburg. I will be speaking there and meeting with many friends and traders. If you’re in the area, please come… ادامه خواندن Join us in Johannesburg, South Africa this week

Fedspeak and FOMC Minutes should rule the sentiment

The Greenback lost further ground and dropped to multi-week lows on the back of rising expectations of interest rate cuts by the Fed, a view that was further reinforced by lower US CPI data in April The Greenback remained on the back foot and dragged the USD Index (DXY) to the 104.00 zone amidst an… ادامه خواندن Fedspeak and FOMC Minutes should rule the sentiment

How Tech is Cracking Open Traditional Finance

The bank of the future isn’t a gleaming marble edifice guarded by stoic tellers. It’s a constellation of ones and zeros, algorithms humming in server farms, and data streams flowing like invisible rivers of commerce. A digital revolution is sweeping through finance, and the stakes are high. This transformation has three main thrusts: a sprawl… ادامه خواندن How Tech is Cracking Open Traditional Finance

Understanding the BoE’s Dovish Stance: Implications for the UK Economy

The BoE sounded decidedly dovish last week, but subsequent data releases suggest that this was partly an attempt to prevent markets from pricing out rate cuts. And while GDP numbers looked better than anticipated, BoE surveys flag weaker than expected consumer demand. This should help to keep a lid on inflation, and it should keep… ادامه خواندن Understanding the BoE’s Dovish Stance: Implications for the UK Economy

The Week Ahead – More Record Highs

The Week Ahead – More Record Highs – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> منبع: https://www.orbex.com/blog/en/2024/05/the-week-ahead-more-record-highs

The markets of Europe and Asia have gone up after the publication of the CPI report in the USA – Market News – 17 May 2024

European futures, Asian stock indexes and regional currencies began to rise after the publication of a report on consumer inflation in the United States and strengthening hopes for an early Federal Reserve rate cut. The report showed that core consumer inflation in the United States over the past year was at its lowest level in… ادامه خواندن The markets of Europe and Asia have gone up after the publication of the CPI report in the USA – Market News – 17 May 2024

Dollar steadies, but on track for sharp weekly loss By Investing.com

Investing.com – The U.S. dollar edged higher in European trade Friday, but was on track for a hefty weekly fall after cooling inflation and weak retail sales brought Federal Reserve rate cuts back into focus.  At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded… ادامه خواندن Dollar steadies, but on track for sharp weekly loss By Investing.com

US import prices for April 0.9% vs 0.3% estimate

Prior month import prices 0.4% MoM revised to 0.6%. Prior month export prices 0.3% MoM revised to 0.1% Import prices for April 0.9% vs 0.3% estimate Export prices for April 0.5% vs 0.4% estimate Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022 Export price YoY -1.0% vs -1.1% estimate.… ادامه خواندن US import prices for April 0.9% vs 0.3% estimate

Pound reinforces its position. Forecast as of 16.05.2024

2024.05.16 2024.05.16 Pound reinforces its position. Forecast as of 16.05.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Many believed that the British pound would plummet after the Bank of England’s hints of monetary easing. However, the GBPUSD pair is hardly afraid of a rate cut, as it is buoyed by the fact that the UK economy is taking off. Let’s… ادامه خواندن Pound reinforces its position. Forecast as of 16.05.2024

AUD/USD Outlook: Aussie Stumbles on Downbeat Employment

Data on Thursday revealed a bigger-than-expected jump in Australia’s employment. Australia’s unemployment rate jumped from 3.9% to 4.1%. Investors raised the likelihood of an RBA rate cut in December to 54%. The AUD/USD outlook has turned slightly bearish as the Australian dollar retreats from recent highs, prompted by an unexpected spike in Australia’s unemployment rates.… ادامه خواندن AUD/USD Outlook: Aussie Stumbles on Downbeat Employment