Author: Admin
Newsquawk Week In Focus: Highlights include US NFP, ISMs and Retail Sales, EZ CPI, RBA Minutes, and BoJ Tankan Next Week In Review MON: German Prelim. CPI (Mar) TUE: RBA Minutes (Mar), Chinese NBS Manufacturing PMI (Mar), French CPI Prelim (Mar), EZ CPI Flash (Mar), BoJ Tankan Survey (Q1) WED: BoC Minutes (Mar), CBR Minutes (Mar), Chinese RatingDog Manufacturing PMI (Mar), Global Manufacturing PMI Finals (Mar), EZ Unemployment Rate (Feb), US ADP Employment Change (Mar), US Retail Sales (Feb), US ISM Manufacturing PMI (Mar), US Business Inventories (Jan), South Korean Inflation (Mar) THU: Australian Balance of Trade (Feb), Italian…
‘Time is running out’: For years, parents have struggled under the weight of the loans they took on to help their kids pay for college. It’s about to get worse, advocates warn.
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks. The report notes that upside inflation risks from the Iran war have likely closed room for further Bank of Thailand (BoT) easing, with markets pricing an unchanged policy rate for at least six months.Baht under pressure as policy constrained”Thailand’s financial markets remain under pressure, with the Thai baht (-5.3%) the worst-performing currency in the ASEAN-6 region month-to-date, while the benchmark equity index also lost ground (-5.8%). The underperformance reflects…
Trump promises TSA paychecks even as House rejects Senate bill, threatening to prolong government shutdown
A partial U.S. government shutdown that has caused chaos at airports was looking like it could persist on Friday, after the Republican-run House of Representatives voiced objections to a Senate deal that aimed to fund the TSA but not all parts of the Department of Homeland Security.
Confused between keeping your gold as a long-term financial asset or a quick money source? Here’s our 101 guide to help you make the best decision. Read on. Usually, people keep gold at home, whether it’s old jewellery they no longer wear or gold bars bought as an investment. Most of the time, it just sits there. But sometimes life brings unexpected situations. It could be an urgent bill, travel plans that come up suddenly, or a situation where you need some extra cash quickly. In moments like these, many people start thinking about the gold they already own, especially…
Understanding Bitcoin’s Battle at the $70,000 Level Bitcoin Price Bitcoin Price Bitcoin (BTCUSD) continues to hover around the critical $70,000 level, leaving traders divided. Is this a sign of underlying strength, or is Bitcoin simply appearing strong within a broader bearish trend? This debate can be summed up with a classic trading concept: is the market truly “bid,” or just “feeling bid in an offered market”? Understanding this distinction could help traders avoid costly mistakes, especially in today’s volatile crypto environment. Bitcoin Price What Does “Bid in an Offered Market” Mean? The phrase “feels bid in an offered market”…
Trump pauses plans to attack Iranian energy infrastructure, as Nasdaq falls into a correction
The U.S. president said he would pause attacking Iran’s energy infrastructure for another 10 days late Thursday as stocks tumbled.
Are you thinking about turning your gold into cash, but are not sure if what you have is actually worth anything? Many people believe only nice, fine jewellery can be sold. But that’s not true. Different types of gold can be sold, and they can give you great value for money, sometimes more than you would have expected. It could be broken or old gold jewellery, gold coins, small gold pieces, or even scrap gold. The key is understanding what you have. Once you know the type of gold you have, you can make a smart choice and feel confident…
Geoff Yu at BNY notes that North Asian economies face supply-related risks to their balance of payments despite ample energy reserves. He argues that rising headline inflation and low wage growth versus developed markets have depressed APAC real effective exchange rates, but a renewed global supply-driven inflation push could allow these currencies to tolerate higher REERs and narrow valuation gaps.North Asian FX and inflation dynamics”Despite reports of ample energy reserves, North Asian economies and currencies continue to face supply-related risks to their balance of payments.””Although some fiscal resources to limit energy price gains will be deployed, headline inflation will likely…
Mortgage rates near 6-month high — but here’s how much worse it would be without Freddie and Fannie’s bond buying
The spike in U.S. mortgage rates since the Iran war began in late February has been dashing hopes for an affordability boost ahead of the spring home-buying season.