Author: Admin
“I am afraid they will end up destitute and homeless.”
The Organisation for Economic Co-operation and Development (OECD) upgraded its global economic growth forecast on Tuesday, citing that many economies have been more resilient than projected so far this year.The OECD has upgraded its global growth forecast for 2025 to 3.2%, compared to the 2.9% expansion it had forecast in June. Expectations for 2026 were unchanged at 2.9%. This would mark a slowdown from the 3.3% growth seen in 2024.Growth expectations for the United States (US) were also raised to 1.8% for 2025, compared to June’s 1.6% projection. This still marks a significant fall from 2024′s 2.8% growth, however. The…
Legal experts address some common questions as President Trump’s new $100,000 fee on H-1B applications leaves many employees in the U.S. on work visas feeling anxious.
The preliminary reading of Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in September versus 53.0 prior, the latest data published by S&P Global showed on Tuesday.The Australia’s S&P Global Services PMI dropped to 52.0 in September from the previous reading of 55.8, while the Composite PMI eased to 52.1 in September versus 55.5 prior. Market reactionAt the press time, the AUD/USD pair was up 0.09% on the day to trade at 0.6598. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because…
Late-night host Jimmy Kimmel’s show will return to the air on Tuesday, a week after it had been pulled by ABC following regulatory threats from the White House over comments the comedian had made about the shooting of conservative Charlie Kirk.
Index Trading Where Is the Top in U.S. Stocks? Key Levels to Watch in the Nasdaq and S&P 500 Index Trading The U.S. stock market continues to push into uncharted territory, leaving traders asking the big question: where is the top in U.S. stocks? Or perhaps more importantly, is there even a top in sight? With the U.S. dollar downtrend losing steam and bond yields retreating after a strong run-up, momentum in equities has remained impressive. Both the S&P 500 and Nasdaq 100 are trading at record highs, but when markets stretch into uncharted territory, identifying potential turning points becomes…
U.S. stock-market futures were little changed on Sunday, after the three major indexes all closed at record highs on Friday.
US Dollar bounces from three-year lows after Fed cut, supported by rising US Treasury yields late in the week.Fed officials Daly and Kashkari offered cautious tones, while Miran reaffirmed his preference for deeper easing.French spending cut protests pressure Macron’s new PM, adding political headwinds for the Euro.EUR/USD edges lower on Friday, late in the North American session, as the Greenback recovers after bouncing off three-year lows reached in the aftermath of the Federal Reserve’s (Fed) interest rate cut. Political turmoil in France amid higher US Treasury yields boosted the US Dollar, sending the pair lower.EUR/USD falls as Fed speakers, higher…
“I live a comfortable life, but the Fed’s decision won’t make a blind bit of difference to me.”
Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI Interest rates MON: PBoC LPR, EZ Consumer Confidence Flash (Sep) TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep) WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep) THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), US GDP (Q2), US PCE (Q2) FRI: Japanese Tokyo CPI (Sep), US PCE (Aug), US University of Michigan Final (Sep) PBOC LPR/MLF (MON/THU) The PBoC is expected to leave its Loan Prime Rates unchanged for the fourth consecutive month, with the 1yr and…