The vibrant city of Limassol, Cyprus has once again hosted one of the biggest and most important events in the world of finance and fintech: the iFX Expo International 2025. With over 6,000 professionals and 1,600 companies gathering from around the world, the iFX Expo was a week of high-energy filled with fresh, innovative ideas,
Sweden’s foreign trade surplus decreased notably in May from a year ago as exports fell faster than imports, figures from Statistics Sweden showed on Thursday. The trade surplus dropped to SEK 3.9 billion in May from SEK 10.6 billion in the corresponding month last year. In April, the surplus was SEK 6.2 billion. The value of
Here are the key points: Total S&P 500 earnings for the June quarter are expected to be up +4.9% from the same period last year on +3.9% higher revenues. While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
0430 US Eastern time / 0830 GMT Deputy Governor Sarah Breeden speaks at City UK conference on UK competitiveness 0645 US Eastern time/ 1045 GMT Andrea Rosen, Bank of England’s Head of Market Intelligence and Analysis at the CCBS “Transforming monetary policy” conference “From trading floors to policy calls: the value and evolution of our
Amid the ongoing US-China trade war this year, Chinese exporters chose to hold steady on their hedge ratios, according to dealers, owing to high hedging costs and expectations of a stable spot rate. Exporters accumulate US dollars from foreign sales, and many have held on to those dollars in anticipation of continued strengthening against the
Info here: Wall Street Journal: Trump considers naming next Fed chair early – bid to undermine Powell Wall Street Journal reports that Trump may accelerate naming a successor to Federal Reserve Chair Powell either this summer, September or October this might allow the chair-in-waiting to influence investor expectations ahead of the end of Powell’s term
Singapore will on Thursday release May figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is expected to sink 2.5 percent on month and rise 2.6 percent on year after climbing 5.3 percent on month and 5.9 percent on year in April. Hong Kong will provide Maya data for imports, exports
J.P. Morgan says the artificial intelligence-led market rally is likely to weather the latest tariff threats and a looming U.S. economic slowdown, citing resilient tech fundamentals and growing institutional demand. In a note to clients, the bank said higher tariffs could dent growth enough to push the Federal Reserve into action, with the first rate
The market has largely baked in a repeat of the large OPEC+ output cuts to be announced in each of the next two months. The next meeting is July 6 and a source familiar says Russia is open to supporting a further boost if the group deems it necessary. At this point, the market is
The Treasury Department on Wednesday announced the results of this month’s auction of $70 billion worth of five-year notes, revealing the sale attracted slightly below average demand. The five-year note auction drew a high yield of 3.879 percent and a bid-to-cover ratio of 2.36. Last month, the Treasury also sold $70 billion worth of five-year
Markets appear to be turning the page on the Israel-Iran conflict, which had briefly supported North American currencies. The US Dollar found a bid as crowded short positions were unwound, driven by rebalancing flows and position closures. The Canadian Dollar also benefited, buoyed by a surge in Oil prices that temporarily reinforced the outlook for
“Federal financial policy, debt, doesn’t affect our month-to-month policy decisions,” Federal Reserve (Fed) Chairman Jerome Powell said while testifying about the Semi-Annual Monetary Policy Report before the Senate Banking Committee on Wednesday. Key takeaways “Ample reserves enable banks to keep lending through stress.” “Return to scarce reserves would not save money.” “Unwinding ample reserves would
US economy is solid overall Supported Fed’s decision to hold last week Expects it to be appropriate to cut later this year but much depends on tariffs Expects to see more tariff impacts in the coming months This is in lock-step with the Chair. This article was written by Adam Button at www.forexlive.com. Source link
Nike faces challenging quarter amid strategic transition Nike is set to report its fiscal fourth-quarter (Q4) 2025 earnings on 26 June 2025, after market close. The company faces a complex landscape marked by shifting consumer preferences, intensified competition, and macroeconomic pressures. The timing of these results comes at a critical juncture for Nike as it
2025.06.25 2025.06.25 IBM Stock Forecast & Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ International Business Machines Corporation, or IBM, is a US-based tech behemoth with a focus on automation, hybrid cloud, and artificial intelligence (AI) solutions. The company is heavily engaged in the development of quantum computing and enterprise IT solutions, which
