Asian markets opened the week on a positive note, buoyed by stronger-than-expected economic data from China and optimism surrounding Beijing’s latest efforts to boost domestic consumption. Investors welcomed China’s “special action plan” aimed at stimulating Read more…
A Federal Reserve meeting generates lots of scrutiny before a decision announced. The scrutiny usually revolves around some core questions such as: Will the central bank cuts its key interest rate?How does the central bank Read more…
Key Highlights EUR/USD started a fresh increase above the 1.0800 resistance. It traded below a short-term bullish trend line with support at 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2800 resistance Read more…
China’s economy got off to a stronger-than-expected start in the first two months of the year. Industrial production grew 5.9% yoy, beating market expectations of 5.3% yoy. Retail sales also exceeded forecasts, rising 4.0% yoy Read more…
New Zealand’s BusinessNZ Performance of Services Index fell back into contraction territory in February, dropping from 50.4 to 49.1. The index remains well below its long-term average of 53.0. Key components of the survey also Read more…
ECB Vice President Luis de Guindos expressed confidence that inflation is on track to reach the 2% target “the end of this year or the beginning of next.” He added that “all indicators for services Read more…
The new week will be packed with economic data and decisions from key central banks. On Monday, US retail sales for February are expected to show a rebound after a disappointing January. Early on Wednesday, Read more…
The dollar took a breather this week after a massive sell-off earlier in the week. The DXY bottomed out at 103, the low it hit before Trump’s election victory. However, by the end of the Read more…
Netflix and other streaming platforms are stepping up efforts to sign YouTubers, which could mean big streaming deals for sports channel Dude Perfect or former NASA engineer Mark Rober, reports The Wall Street Journal. The Read more…
Netflix and other streaming platforms are stepping up efforts to sign YouTubers, which could mean big streaming deals for sports channel Dude Perfect or former NASA engineer Mark Rober, reports The Wall Street Journal. The Read more…