By Samia Nakhoul and Marwa Rashad DAVOS, Switzerland (Reuters) – The vice president of Yemen’s U.N.-recognised government on Tuesday welcomed Donald Trump’s return as U.S. president, saying it was a decisive turning point to curb the Iran-backed Houthis, who he said threaten regional stability and maritime security. Aidarous al-Zubaidi told Reuters that Trump’s strong leadership […]
2025.01.21 2025.01.21 Gold Prices Boosted After Trump’s Inauguration. Forecast as of 21.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The previous trade war spurred XAUUSD quotes. Today, gold has a significant competitive advantage in the form of geopolitical factors. This provides the precious metal with a resilience that allows it to withstand strong headwinds. Let’s discuss these topics and make
Canadian Dollar endured a rough ride, heavily influenced by US President Donald Trump’s tariff rhetoric. The Loonie initially gained some ground yesterday, as Dollar weakened broadly after Trump refrained from imposing immediate tariffs during his first day in office. However, optimism was short-lived as Trump warned of 25% tariffs on both Mexico and Canada starting
Trump’s administration did not give any guidance on tariff plans on Monday. Trump told reporters he was considering near-term tariffs on Canada and Mexico. Market participants are looking forward to Canada’s inflation data. The USD/CAD outlook shows a sudden shift in sentiment amid mixed signals on Trump’s tariff plans. The Canadian dollar rallied in the
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. Yesterday, the greenback weakened across the board following a WSJ report
South Korea’s producer price inflation accelerated for the second straight month in December to the highest level in five months, preliminary data published by the Bank of Korea showed on Tuesday. Producer prices increased 1.7 percent year-on-year in December, after a 1.4 percent rise in November. Further, this was the highest inflation rate since July,
GBP/USD falls to near 1.2300 as traders adopt caution ahead of Trump’s economic policies GBP/USD loses ground after registering more than 1% gains in the previous session, trading around 1.2300 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) regained ground after recent losses in the previous session, supported
Does no-hedge strategy stack up for mag seven mavericks? – FX Markets End of drawer navigation content Skip to main content At Amazon, Meta and Tesla, the lack of FX hedging might raise eyebrows, but isn’t necessarily a losing technique The so-called magnificent seven – the seven largest US tech companies that famously make up
BEIJING (Reuters) – U.S. President Donald Trump has directed federal agencies to assess China’s performance under the Phase 1 trade deal that he signed with Beijing in 2020 during his first term at the White House. DETAILS OF 2020 DEAL The deal had required China to increase purchases of U.S. exports by $200 billion over
ANZ-Roy Morgan Australian Consumer Confidence weekly survey was out earlier, doing a bit of a catch up. Comes in at 85.8 prior 87.1 inflation expectations 5.2% (prior 5%) ANZ comment: positive impact of the new year appears to be waning the series is still up 1.9 points from the end of December *** Below 100
USD/CAD softens to around 1.4300 in Tuesday’s early Asian session. Trump did not impose tariffs on US trading partners on his first day in the White House. BoC’s latest Business Outlook Survey suggested that the overall economic sentiment remains subdued. The USD/CAD pair remains on the defensive around 1.4300 during the early Asian session on Tuesday, pressured
The British pound started the day with light gains but has soared in the North American session. GBP/USD is currently trading at 1.2290, up 1.06% on the day. US financial markets are closed for Martin Luther King Day and Donald Trump will be inaugurated as US president later today. Trump set to issue executive order
By Stefano Rebaudo (Reuters) -The dollar took a dive on Monday after U.S. President-elect Donald Trump was quoted as saying he will not impose trade tariffs straight after his inauguration, which is set to take place later in the session. Trump will issue a broad trade memo on Monday that stops short of imposing new
2025.01.20 2025.01.20 Top 10 Forex Robots for Automated Trading Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Who earns more on the financial markets: an automated trading expert advisor or a real person? The best Forex robots can analyze the situation thousands of times faster, sort through the possible options and choose the best one. In addition, advisers are not susceptible
Future Sales Expectations at +31% vs +13%: Improved outlook with stronger demand expected, boosted by interest rate cuts (highest since Q2 2021) More widespread plans to increase investment, well above historical average Recession expectations at 15% vs 16% Further easing in capacity constraints, labor shortages less intense Labor shortages among lowest in survey history (ie,
