Colclough
He liked
UN Rights Chief Urges Georgia To Scrap 'foreign Influence' Bill
As protests continue in Georgia over a proposed draft law on curbing foreign influence,UN human rights chief has urged the authorities to shelve the controversial bill and engage in dialogue. Thousands of people have taken to the streets for days to protest the draft Law on 'Transparency of Foreign
He liked
He liked
He liked
He liked
He liked
More evidence that cooling price inflation was transitory
If the hotter-than-expected March CPI data wasn't enough to convince you, there is more evidence that the "cooling inflation" we saw late last year was transitory. The media tends to focus on the Consumer Price Index but the Federal Reserve's favorite inflation measure is the Personal Consumption Ex
He liked
USD/CAD remains supported above 1.3640 ahead of Fed’s policy announcement
USD/CAD trades above 1.3640 as the US Dollar rebounds ahead of the Fed’s policy decision. The Fed is expected to emphasize keeping interest rates restrictive for a longer period. The Canadian economy is forecasted to have expanded by 0.3% in February. The USD/CAD pair holds auction above the immedia
He liked
Belgium GDP Growth Stable At 0.3%
Belgium's economy expanded at a steady rate in the first quarter of 2024, preliminary estimates from the National Bank of Belgium showed on Monday. Gross domestic product grew seasonally and calendar-adjusted 0.3 percent in the first quarter, the same as in the previous three quarters. Compared to t
He liked
He liked
Dow Jones Industrial Average climbs back over 38,300 as investors shrug off still-high PCE inflation
Dow Jones determined to wrap up Friday in the green despite stubborn inflation. US PCE inflation remained higher than expected. Hopes for rate cuts now lean heavily on next week’s US NFP print. The Dow Jones Industrial Average (DJIA) churned on Friday before pushing into the high end for the day as
He liked
Wild swings in Yen – FTSE 100 makes fresh record high
Three things are moving financial markets this week: central banks, earnings and M&A. As we end the week, the yen is tumbling, stocks are climbing in Europe, and Treasury yields are retreating. Risk sentiment is back on after strong earnings from Microsoft and Alphabet have restored confidence t
He liked
GBP/JPY rallies to its highest level since August 2005 as traders look to BoJ on Friday
GBP/JPY attracts strong follow-through buying for the third successive day on Thursday. The lack of decisive action and the BoJ’s uncertain rate outlook weigh heavily on the JPY. A modest USD downtick benefits the GBP and also contributes to the positive momentum. The GBP/JPY cross gains strong posi
He liked
Sweden Economic Confidence Strongest In 20 Months
Sweden's economic confidence improved in April to the highest level in more than one-and-a-half years, survey results published by the National Institute of Economic Research showed on Thursday. The economic tendency index climbed to 95.0 in April from 93.9 in the previous month. Further, this was t
He liked
Forex Today: US Dollar slides ahead of key GDP data
Here is what you need to know on Thursday, April 25: The US Dollar (USD) stays under modest selling pressure on Thursday as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualized Gross Domestic Product (GDP) growth for the first
Pull-up Update