When the economist and geopolitical strategist Brunello Rosa was finalising drafts of his book Smart Money last year, he noted presciently that critical events might unfold before its publication in paperback. The book, written with co-author Casey Larsen, envisages a new cold war unfolding between the US and China in which “digital de-dollarisation” plays a […]
Trading remains notably subdued across global financial markets today as investors adopt a cautious stance. On deck are quarterly earnings from four of the “Magnificent Seven”—Amazon, Apple, Meta Platforms, and Microsoft. On top of that, key releases including US and Eurozone GDP, US non-farm payrolls, and Eurozone CPI flash inflation data will provide critical insights
India’s industrial production growth accelerated slightly in March, data from the Ministry of Statistics and Programme Implementation showed Monday. Industrial production rose 3.0 percent year-over-year in March, faster than the revised 2.7 percent growth in February. The expected increase was 3.3 percent. The overall growth in March was mainly due to the developments in the
2025.04.28 2025.04.28 The Pound Goes with the Flow. Forecast as of 28.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When BoE officials openly discuss the impact of the U.S. dollar’s exchange rate on UK inflation, you can’t help but watch GBP/USD. Will the pair manage to restore its upward trend? Let’s discuss it and make a trading plan. The article
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The USD/CAD outlook reflects caution among traders ahead of Canada’s federal election. Sales in Canada decreased by 0.4% in February. The dollar held on to last week’s gains as traders awaited developments in the US-China trade war. The USD/CAD outlook reflects caution among traders ahead of Canada’s general election results. As a result, most have
Prior -41 This article was written by Justin Low at www.forexlive.com. Source link
Producer prices in Sweden decreased for the first time in five months in March, data from Statistics Sweden showed on Monday. The producer price index dropped 0.3 percent year-on-year in March, reversing a 3.4 percent increase in February. Appreciation of the Swedish krona led to lower prices on all markets, the agency said. Prices for
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $63.19 per barrel, up from Friday’s close at $62.97. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.90. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on
Trading was particularly subdued today, even by the quiet standards of a typical Monday in Asia. That’s not surprising, given the near-empty economic calendar offering little to move the markets. Instead, traders are exercising understandable caution ahead of a heavy barrage of important data releases later this week, including US and Eurozone GDP figures, inflation
The narrative of Trump versus the world continues to dominate the market landscape as we look towards the end of April. While he was busy over the weekend putting in focus on the Russia-Ukraine conflict, it is leaving broader markets wanting in the new week expecting some new development on tariffs/trade. And that’s where we
Indian Rupee steadies in Monday’s Asian session. Concerns over geopolitical tensions between India and Pakistan weigh on the Indian Rupee. Rising foreign inflows and lower crude oil prices might help limit the INR’s losses. The Indian Rupee (INR) holds steady on Monday. Rising tension with Pakistan could trigger a risk-off sentiment among traders, which might
PBOC deputy governor says will cut reserve Requirement ratio (RRR), interest rates, at an appropriate time to focus financial support on stabilising jobs, economic growth will guide financial institutions to guarantee financing demand for foreign trading firms (i.e. exporters) studying plans to enrich policy kit will roll out new policies when needed *** Earlier: China’s
The Australian Dollar remains under pressure as the US Dollar strengthens, supported by signs of easing US-China tensions. China’s move to exempt certain US imports from its 125% tariffs has sparked some optimism for better trade relations. The Federal Reserve is in its blackout period ahead of the May 7 Federal Open Market Committee meeting.
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
Current market situation and fundamental drivers The technology sector is driving a notable rebound in equity markets despite ongoing tariff uncertainties between the US and China. Optimism around potential tariff reductions, strong earnings from major tech companies, and dovish signals from the Federal Reserve have collectively fueled recent gains. However, substantial risks remain, and investors
