Forex
The US Dollar Nears 15-Month Low as FOMC Decision Looms
The US dollar dropped to a near 15-month low on Tuesday.
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inflation
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inflation
Market Analysis
How the US Has Avoided a Recession, So Far
Following countless recession predictions, the US economy is still churning.
Market Analysis
US Added 209,000 Jobs in June, Lowest Since December 2020
US job growth eased to 209,000 in June, while unemployment rate fell from 3.7% to 3.6%.
Market Analysis
US Labour Market Strong Despite 500 BPS Interest Rate Hike Since 2022
Private companies in the US added 497,000 new jobs in June, up from 267,000 in May.
Market Analysis
US PPI in May Dropped to 1.1%, Lowest Since December 2020
US producer price index fell to 1.1% in May, lower than the expected 1.5%.
Market Analysis
US Annual CPI at 4% in May: What’s Next for the Fed?
The Fed is set to meet on June 14 and decide its next policy move.
Best Stocks
Investors Withdraw $18.8B from Global Equity Funds Due to Rate Hike Fears
Investors withdrew $736 million and $552 million from tech and utility sectors, respectively.
Market Analysis
Germany and Ireland Officially Tip Eurozone Economy into Recession
On an annual basis, eurozone's economy saw a contraction of 0.4% in Q1 2023.
Market Analysis
Japan’s Nikkei 225 Surges to 33-Year Peak, With an 18% YTD Gain
Japan's Nikkei 225 stock average surged past its highest finish since August 1990 on Friday.
Market Analysis
Turkey Turns to Crypto Amid High Inflation and Political Instability
As a presidential runoff is set for May 28, political and economic instability is funneling failing Turkish lira into the digital asset market. But what kind?
Market Analysis
US CPI Shows Annual Inflation Rate at 4.9% in April
Core inflation, which does not take food and energy costs into account, stood at 5.5% in April.
Crypto
Argentina’s Central Bank Moves Against Crypto Amid Skyrocketing Inflation
Argentina has banned payment providers from offering cryptocurrency services citing a need to reduce exposure to the crypto space.
Crypto
Zimbabwe to Issue Gold-Backed Tokens Amid Skyrocketing Inflation
The Reserve Bank of Zimbabwe aims to issue gold-backed digital tokens to counteract its volatile local currency.