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Euro Advances On Easing Middle East Fears
The euro was higher against its major counterparts in the New York session on Friday, as concerns about an escalation in the Middle East conflict eased after a subdued response from Iran to Israel's retaliatory attack. Iran's state-run media reported that there was no missile attack and the explosio
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Dow Jones advances moderately in a cautious market mood
Dow Jones gains while NASDAQ, S&P 500 slide. Geopolitical concerns have eased, but investors remain wary of risk. Dow Jones trend needs to break resistances at 38,105 and 38,531 to cancel the bearish bias. The Dow Jones Industrial Average (DJIA) is trading moderately higher on Friday with Wall S
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Worst of both worlds: Are the risks of stagflation elevated?
Summary In this first report of a three-part series, we present a framework to characterize historical episodes of stagflation into mild, moderate or severe episodes. Iain Macleod coined the term "stagflation" during an address to the House of Commons in 1965: “We now have the worst of both worlds—n
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Canadian dollar extends losses as Canada’s inflation rises
The Canadian dollar is down for a fifth straight day and has slipped 1.9% during that time. In the North American session, USD/CAD is trading at 1.3840, up 0.37%. Canada’s inflation rises to 2.9% Canada’s inflation rate for March rose to 2.9% y/y, ticking up from 2.8% in February and above the marke
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CAC 40 Declines As Bond Yields Surge
French stocks tumbled on Tuesday as robust gains in March retail sales figures combined with upward revisions in the prior two months added to concerns about the outlook for U.S. interest rates. Investors also pondered over a wider Middle East conflict. Israel is weighing possible response actions t
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Treasuries Fluctuate Before Closing Slightly Lower
Following the sell-off seen on Wednesday, treasuries fluctuated over the course of the trading session on Thursday before eventually closing slight lower. Bond prices regained ground in the afternoon after turning lower over the course of the morning but ended the day in the red. Subsequently, the y
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How to Find Trustworthy Forex Trading Reviews with JRFX?
In the dynamic world of Forex trading, reliable information is paramount. Whether you're a seasoned trader or just starting out, trustworthy reviews can make all the difference in your decision-making process. With JRFX, you can find a wealth of trustworthy Forex trading reviews to guide your invest
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FX quiet as CN maintains strong fix, RBNZ holds rates
Asia market update: FX quiet as CN maintains strong fix, RBNZ holds rates; Fitch cuts CN Outlook; Hang Seng outperforms; Focus on US CPI + FOMC Minutes tonight. General trend - China’s Yuan continues to trade near the bottom limit of its 2% trading band, with the PBOC on a 7-day streak of keeping op
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