In the Global Economic Prospects, the World Bank raised its global growth forecast for 2024 by 0.2% to 2.6%, which matches the pace of 2023. Growth is expected to rise slightly to 2.7% in both 2025 and 2026, but still well below the pre-pandemic average of 3.1%. “In a sense, we see the runway for […]
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You need some space? Then Rocket Lab USA (RKLB) can help you out. Space is their speciality. Related: Veteran investor sets his sights on Palantir, SoFi and Rocket Lab The Long Beach, Calif.-based space-systems company Read more…
Unexpected developments from Asia significantly influenced global financial markets last week. China’s surprise stimulus measures invigorated investor sentiment, leading to substantial gains in Chinese and Hong Kong equities, as well as strengthening Chinese Yuan. This Read more…
EUR/USD edged higher to 1.1213 last week but quickly settled back in range. Initial bias remains neutral this week first. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the Read more…