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Economic Forecast - US Dollar Forecast: EUR & GBP Oversold, Mixed EU PMIs Pose Challenges
The European economic data presented a mixed bag ... The GBP sector is set to release its Construction PMI, with forecasts suggesting a slight improvement, which could influence GBP/USD trading ...
Silver Prices Forecast: Fed’s Stance on Rates Casts Shadow Over XAG/USD Market
Silver prices falter amid strong dollar, Fed remarks, and cautious investor outlook for short-term market trend.
Australia’s central bank cuts growth forecast as consumers tighten belts
The Reserve Bank of Australia said its lower near-term projections reflected a weaker outlook for domestic spending. Governor Michele Bullock said controlling inflation remained a key RBA goal and ...
Asia open: The US economic outlook continues to improve
Overall, the ISM release emphasized the idea that, if anything, the US economy gained momentum last month. At the margins, this suggests a potential resurgence in price pressures. Considering the jobs ...
China's debt outlook downgraded as economy slows
The risks from China's debt pile are mounting as the country grapples with an economic slowdown and property crisis, a leading credit ratings agency has said. Moody's issued the warning as it cut its ...