Summary President Biden recently hiked tariffs on $18 billion worth of imports from China, and former President Trump has vowed to implement a 60% tariff on China and an across-the-board 10% tariff on other trading Read more…
Key Highlights USD/JPY extended losses below the 157.50 support zone. A key bearish trend line is forming with resistance at 157.80 on the 4-hour chart. EUR/USD rallied and tested the 1.0950 resistance zone. Bitcoin could Read more…
San Francisco Fed President Mary Daly commented at an event overnight, emphasizing that the US has not yet achieved price stability. While acknowledging recent positive inflation data, Daly noted, “We’re not there yet.” Daly highlighted Read more…
Japan’s core CPI, which excludes food prices, rose from 2.5% yoy to 2.6% yoy in June, slightly missing expectations of 2.7% yoy. This nonetheless marks the 27th consecutive month that inflation has been at or Read more…
After a few wobbles, disinflation has resumed in peer economies. Why should Australia be any different? Recent inflation data overseas has reminded market participants that sticky inflation need not imply stuck inflation. After a few Read more…
EURJPY reversed from support area Likely to rise to resistance level 172.95 EURJPY currency pair today reversed up from the support area located between the pivotal support level 170.95 (which stopped the pair in April Read more…
USDCHF reversed from support area Likely to rise to resistance level 0,9000 USDCHF currency pair today reversed up from the support area located between the key support level 0.8835 (which created the Morning Star in Read more…
Today, the ECB held its policy rates unchanged, as unanimously expected by markets and analysts. The central bank did not send any signals for the September decision, where it repeated its call for a data-dependent Read more…
U.S. household debt has been rapidly increasing over the past five years, increasing by $2.9 trillion between 2019 and 2023 alone due to a number of overlapping challenges and crises. Post-pandemic inflation, interest rate hikes, Read more…
From the spotlight of the drag stage to the world of business and entertainment, Trixie Mattel has solidified her status as a cultural icon. Since her debut on Season 7 of RuPaul’s Drag Race, Mattel has built Read more…