Pound slumps to a 14-month low against the US dollar amid UK bond market sell-off and fiscal concerns. Gold holds steady near a four-week high, while oil dips on rising US inventories and China’s economic slowdown.
UK Market Update: Pound Slumps to 14-Month Low, Gold Holds Steady, and Oil Dips Read More »
US jobless claims fell to a 7-month low of 211,000, signaling a stable labor market with low hiring and layoff rates. This trend suggests a balanced “low hire, low fire” dynamic, aligning with the Federal Reserve’s view of a cooling but healthy labor market.
US Jobless Claims Dip to 7-Month Low, Signaling Stable Labor Market Read More »
November jobs report fuels market optimism for a Fed rate cut, pushing tech stocks higher. Strong job growth coupled with a slight rise in unemployment suggests a “Goldilocks” scenario, bolstering rate cut expectations.
November Jobs Report Fuels Market Optimism for Fed Rate Cut Read More »
Global markets are mixed as Chinese yuan hits a 16-month low amid US tariff and interest rate concerns. Market uncertainty highlights the complex interplay between global economic factors and investor sentiment.
Global Markets Mixed Amidst China Currency Concerns and US Interest Rate Speculation Read More »
US dollar surged to a near six-month high against the yen on strong economic data, signaling a potential slowdown in Fed rate cuts. Job growth and resilient services sector activity suggest a stable economy, influencing market expectations for future monetary policy.
Asian markets tumbled Wednesday, following Wall Street’s decline despite strong US economic data. This drop highlights investor worries about future interest rate hikes and policy changes.
Asian Markets Falter Following Wall Street Decline Despite Positive US Economic Data Read More »
Emerging market currencies fell for a second week as investors await the Federal Reserve’s decision amid global uncertainty. Focus is on Fed Chair Powell’s commentary, with a 25 basis-point rate cut already anticipated.
Emerging Markets Brace for Fed Decision Amidst Global Economic Uncertainty Read More »
Milton Friedman hành trình xây dựng tài sản: Tiểu sử và thành tựu nổi bật. Từ khởi đầu khiêm tốn đến giải Nobel, Friedman định hình chính sách kinh tế toàn cầu bằng niềm tin vào thị trường tự do. Khám phá hành trình và di sản của ông.
Milton Friedman’s Journey to Financial Influence: A Leader Bio Read More »
US dollar poised for strongest weekly gain in a month due to robust economic outlook and higher interest rates. Strong labor market and persistent inflation bolster demand, while new policies under the incoming administration add to growth anticipation.
Dollar Set for Strongest Weekly Gain in a Month Amidst Robust US Economic Outlook Read More »
China’s GDP growth is projected to hit its 5% target in 2024, according to President Xi Jinping. This announcement signals economic stability and progress despite global uncertainties and comes after a year of stimulus measures.
China’s GDP Growth Set to Hit 5% Target in 2024, Xi Says Read More »
