US Dollar Index
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Commodities
Key Fed Measure Shows YoY Inflation Rose 2.6% in May, Meeting Expectations
Income and Spending Personal income saw a notable increase of $114.1 billion (0.5%) in May, while disposable personal income (DPI)…
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Forex
UK Economy Expands by 0.7% in Q1 2024, with Services a Highlight
According to the Office for National Statistics, Services sector output rose by 0.8% quarter-on-quarter, up from a preliminary 0.7%. Output…
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EUR/USD
German GfK Consumer Confidence Indicator Dips to -21.8 for July
Rising Savings, Falling Spending: German Consumer Sentiment and the ECB’s Next Move For July, the German GfK Consumer Climate Indicator…
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AUD/USD
The Week Ahead: US Personal Income and Outlays Report Crucial for the Fed
On Thursday, June 27, jobless claims, GDP, and durable goods orders will draw investor interest. Upward trends in durable goods…
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Commodities
Composite PMI Rises To 54.6 In June, Exceeding Analyst Expectations
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided…
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Forex
UK Retail Sales Surge 2.9% in May, BoE Rate Cut in August Less Likely
On Thursday, June 20, the Bank of England held interest rates at 5.25%. Bank of England Governor Andrew Bailey said,…
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EUR/USD
German Producer Prices Down 2.2% Year-on-Year But Send Mixed Signals
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided…
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Economic News
Global Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates
We forecast global growth of 3.2% this year and 3.4% next year, similar to the 3.2% in 2023. Our growth…
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Forex
UK Annual Inflation Rate Falls from 2.3% to 2.0% in May
Moreover, in May, consumer prices rose by 0.3% month-on-month, following a 0.3% increase in April. Economists expected consumer prices to…
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Commodities
Core Retail Sales Decline 0.1% in May, Indicating Consumer Spending Slowdown
Core Retail Sales, which exclude automotive and gasoline sales, fell by 0.1% in May, missing the 0.2% forecast. This segment…
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