The Sunday Times reports that British finance minister Jeremy Hunt is considering cutting income tax or national insurance as they try to rescue their election hopes as they trail badly in polls. “We do want to bring down the tax burden but we will only do so responsibly,” Hunt told Sky News. “The one thing
MARKET WEEK AHEAD FORECAST: GOLD, US DOLLAR, EUR/USD, OIL U.S. Treasury yields retreated over the past few days, weighing on the broader U.S. dollar Meanwhile, gold prices, the Nasdaq 100 and EUR/USD rallied, breaching key technical levels during their move higher Few high-impact events are expected in the coming days, with a shorter trading week
Share: AUD/USD experienced a notable uptick, gaining 0.67% in the New York session and heading towards a weekly increase of over 2.30%. Despite Federal Reserve officials resisting the idea of rate cuts in 2024, market futures are pricing in a potential easing of 100 basis points by December next year. Upcoming week will
Milei, on the left, leads Massa in the final polls Latin America’s second largest economy heads to the polls today in a major election featuring an outsider taking on Peronist economy minister Sergio Massa. Javier Milei has made major waves in saying he would abolish the central bank and dollarize the economy. A similar experiment
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
UPCOMING EVENTS: Monday: PBoC LPR. Tuesday: RBA Meeting Minutes, Canada CPI, FOMC Minutes. Wednesday: US Durable Goods, US Jobless Claims. Thursday: US Thanksgiving Day, Australia/Eurozone/UK PMIs, ECB Meeting Minutes, New Zealand Retail Sales. Friday: Japan CPI, Canada Retail Sales, US PMIs, US Black Friday (early markets close). Monday The PBoC is expected to keep the
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
In the fast-paced world of forex trading, having access to accurate and timely information is crucial. Traders are always on the lookout for tools and strategies that can give them an edge in the market. One such tool that has gained popularity in recent years is the Key Levels MT5 Indicator. In this article, we
The major US stock indices are trading lower at the start of the Friday session. The market gave up earlier premarket gains employed by the futures. However, the indices are still on track for a positive week (3rd in a row). A snapshot of the market currently shows: Dow Industrial Average -37.47 points or -0.11%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
