Investing in the open markets can be a very risky endeavor, with the potential for both significant gains and losses. It is crucial for investors to understand that all investments come with a certain level of risk, and it is important to take the necessary precautions before making any decisions. The views and opinions expressed
The market sentiment surrounding inflation, economic outlook, and interest rate decisions can heavily influence the movement of currency pairs. Recent speeches by key members of the FOMC, including Raphael Bostic, Loretta Mester, and Michelle Bowman, have indicated varying views on the Fed rate path and inflation targeting. While some members advocate for a higher-for-longer rate
The EUR/USD pair has shown a significant increase from the 1.0620 support level against the US Dollar. The pair successfully surpassed the 1.0750 and 1.0800 resistance levels, indicating a positive trend. The 4-hour chart reveals that the pair has moved above the 200 simple moving average and the 100 simple moving average, which further confirms
Japan’s weak consumption may intensify political pressure on the central bank to raise interest rates in order to curb the decline of the yen. Bank of Japan Governor Kazuo Ueda is expected to continue signaling a hawkish stance on the policy outlook, but with cautionary language to account for the possibility of a delayed consumption
The Federal Reserve is set to release the minutes of its recent meeting, shedding light on the discussion around interest rates and inflation pressures. Despite indications from Fed Chair Jerome Powell that rates are likely to stay elevated, recent data showing lower-than-expected consumer price increases may prompt a reevaluation of this stance. Several Fed officials,
Tycoon Elon Musk’s arrival on the Indonesian island of Bali has sparked excitement over the planned launch of SpaceX’s Starlink internet service. The Indonesian government is hopeful that this initiative will boost internet penetration and improve health services in remote parts of the sprawling archipelago. Chief investment minister Luhut Binsar Pandjaitan welcomed Musk’s arrival by
Economists are predicting a slight decrease in the Jibun Bank Services PMI for May, indicating a potential slowdown in economic activity. While this data is important, investors should also pay attention to sub-components such as input prices, employment, and new orders to get a clearer picture of the overall economic health of Japan. Inflation figures
The U.S. Securities and Exchange Commission is facing a crucial decision next week regarding the approval of ether exchange-traded funds. However, industry experts like Ric Edelman, from the Digital Assets Council of Financial Professionals, believe that the current lack of an all-encompassing regulatory framework for all cryptocurrencies will lead to the SEC’s failure in approving
Japan’s Nippon Steel is pushing forward with its planned purchase of U.S. Steel, despite facing resistance from various stakeholders. Vice Chairman Takahiro Mori is set to travel to the United States next week to engage in dialogues with key players involved in the deal. This visit is part of continued efforts to gain a better
As investors, it is crucial to navigate the vast amount of information available to us with caution. The content provided on websites can often be biased or incomplete, leading us to make decisions based on misinformation. It is important to understand that the opinions and analysis presented on websites are subjective and may not always
The recent restructuring of the European Union fiscal framework, which was put into effect on April 30, has raised concerns among analysts at Bank of America Securities. They argue that the new rules could potentially constrain the budgets of many EU member states, making it difficult for them to make critical investments. This move is
Silver (XAGUSD) has been showing signs of a rally in an impulsive structure from the low on 10.3.2023. This indicates a bullish momentum in the short term. Wave (1) ended at 25.91, followed by dips in wave (2) that ended at 21.94. The metal then surged higher in wave (3) towards 29.79, showcasing a positive