Forecasts

The recent data on American annual headline inflation showed a decrease in the Consumer Price Index (CPI) for the first time in over four years. This decline was primarily driven by lower energy prices, although other sectors such as shelter, vehicles, and transport also played a role. Surprisingly, food inflation saw a slight increase during

The content provided on the financial news website emphasizes the importance of due diligence when making any financial decisions. It highlights the need for individuals to perform their own research, apply their own discretion, and consult with competent advisors before taking any action. This is a crucial aspect of financial literacy that should not be

The upcoming June inflation report, scheduled for release on July 11, has sparked significant interest among investors and economists alike. Projections indicate a marginal 0.1% month-over-month increase and a 3.1% year-over-year change, with core CPI expected to rise by 0.2%. Bank of America’s forecast aligns closely with these figures, predicting a slightly higher 3.2% annual

Japan’s economy has been facing significant challenges as it contracted for the third consecutive quarter. There are concerns that the trend may continue, leading to a fourth quarterly contraction. One of the key questions is whether the weakness of the Japanese Yen is affecting private consumption and ultimately impacting the overall economy. Bank of Japan’s

As I carefully analyzed the disclaimers provided on the financial website, it is evident that they serve as a cautionary message to all visitors. The disclaimers emphasize that the content presented on the website is for educational and research purposes only, and should not be construed as financial advice. It is clear that the website

The financial markets are set to experience a week filled with significant event risks that are poised to capture the attention of investors worldwide. The week kicks off with Fed Chair Powell’s testimony before the Senate Banking Committee, where market participants will be keenly listening to his remarks for any insights into the central bank’s

In recent months, experts have been closely monitoring the Australian economy and the Reserve Bank of Australia (RBA) due to increasing inflation expectations. Bloomberg TV APAC Chief Markets Editor, David Ingles, highlighted the significance of the hotter-than-expected Monthly CPI Indicator. He mentioned that the cash rate futures and swaps are currently indicating a near 50-50

The recent merger of Fetch.ai, Ocean Protocol, and SingularityNET has created a buzz in the crypto market. Instead of introducing a new token, these projects have decided to consolidate and trade under the FET ticker. However, the price action of FET has not been immune to the overall downtrend in the crypto market. With a

The labor market indicators are signaling a weaker market which could potentially affect wage growth and disposable income. ANZ-Indeed Job Ads have shown a decline, slipping by 2.2% in June following a previous 1.9% decrease in May. This downward trend suggests a slowdown in the pace of hiring, which could have long-lasting effects on the

The Australian Trade Balance has been facing challenges due to various factors such as lackluster demand from China, the collapse of the real estate market, and the slump in iron ore prices during the first half of 2024. These issues have been compounded by trade tensions between Australia and China, as well as the weak

Looking at the long-term trend on the monthly scale, there is a possibility of a breakout happening in the near future. Price has been forming higher highs and higher lows, suggesting that there is bullish momentum building up. The recent higher low at $1.2037 in October 2023 indicates that buyers are stepping in at higher

The FX Empire article discusses the Reserve Bank of Australia (RBA) and the potential for an interest rate hike in the coming months. The article emphasizes the importance of monitoring the RBA’s determination to reach its inflation target, even at the expense of other economic indicators such as the labor market and macroeconomic environment. The