© Reuters. Economic strategists anticipate a potential resurgence of Thailand’s national currency, the baht, driven by recent growth initiatives announced by Prime Minister Srettha Thavisin. According to predictions by Ebury and Societe Generale (OTC:) SA on Monday, the baht is expected to strengthen by over 5% and reach 34 per dollar by the end of
GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance. لینک منبع : هوشمند نیوز
Oil (Brent Crude, WTI) News and Analysis OPEC maintains 2023/24 oil demand growth and economic growth forecasts Brent crude oil receives lift after the news but reenters oversold territory WTI oil attempts to push higher – US EIA short-term Energy Outlook due later The analysis in this article makes use of chart patterns and key
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Wednesday, but remained near a six-month peak as global growth concerns weighed on risk appetite. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 104.612, not far off
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar held near a six-month peak on Wednesday as jitters over China and global growth weighed on risk appetite, while the yen was close to
A weekend article in the Wall Street Journal says that Chinese Communist Party Chairman Xi Jinping has deep-rooted philosophical objections to Western-style consumption-driven growth, people familiar with decision-making in Beijing say. Xi sees such growth as wasteful and at odds with his goal of making China a world-leading industrial and technological powerhouse, they say. Xi
South Korea Producer Price Index Growth (YoY) came in at -0.2%, above expectations (-0.4%) in July لینک منبع : هوشمند نیوز
FTSE, DAX and S&P 500 News and Analysis FTSE 100 slips despite UK inflation diminishing DAX 40 remains under pressure S&P 500 drops to new one-month low as Fitch joins Moody’s with warning to banks Written by IG Senior Analyst Axel Rudolph Recommended by IG Get Your Free Equities Forecast FTSE 100 slips despite UK
Share: Late in the New York session, the Pound Sterling (GBP) continued to hold its ground against the US Dollar (USD) after UK’s economy grew more than expected, despite US elevated inflation on the producer side. Hence, the GBP/USD trades at 1.2697, gaining 0.16%. Read More… The Pound Sterling (GBP) seems to be
Share: Pound Sterling faces selling pressure despite the UK economy turning out more resilient in June than expected. Upbeat United Kingdom factory data showcase optimism among producers in spite of a highly-inflated price environment. Monthly Industrial and Manufacturing Production data grew by 1.8% and 2.4% in June, respectively. The Pound Sterling (GBP) seems to be
