As European inflation slows, the dollar rises to its highest level since mid-March. After statistics revealed that China’s growth is faltering and that European inflation is declining faster than anticipated,
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Weak Chinese activity figures and declining company confidence caused the FTSE 100 to decline The mood was negatively impacted by disappointing Chinese activity statistics and declining U.K. business confidence as
GBP/USD continues to decline towards 1.2350 despite a stronger US dollar. FUNDAMENTAL OVERVIEW In the European session, the GBP/USD is continuing to decline towards 1.2350. Amid concerns about China’s economic
Alibaba Commits to Hiring 15,000 Individuals in the Current Year Amidst Reports of Job Reductions. Alibaba Group, the Chinese tech conglomerate, has refuted rumors of mass layoffs and announced its
Microsoft and Accenture Join Forces to Empower 13 Social Impact Startups in India. Microsoft (NASDAQ: MSFT) received an “overweight” rating from an analyst at Piper Sandler, who maintained a price
NZDUSD: WEEKLY SCENARIO NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD was trading in a down channel. NZDUSD is currently trading above all SMA except MA (5). RSI
NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the
U.S. Stock Market Reacts to Debt Ceiling Deal and Tech Surge, Job Market Data in Focus. The U.S. stock market experienced a mixed performance as investors reacted to a tentative
What does this signify for commodity prices if inflation shows no signs of slowing down? A worldwide financial crisis, credit crunch, stickier-than-expected inflation, and quickly rising recession threats are now