A beefed up equity market forecast via a note from Jefferies Group, a US investment bank/financial services company headquartered in New York City. In summary, the equity researchers boosted their year-end target for the benchmark index, citing easing inflation, positive economic surprises and fading earnings downgrades: Our new base case for the S&P 500 year-end
USD/ZAR Analysis Chinese woes impact rand valuations as South African Reserve Bank keeps rates on hold in July ZAR receives slight reprieve as US inflation posts modest rise USD/ZAR long-term trend remains unopposed The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive
Share: The pair stands rose nearly to 150.00 after four consecutive days of losses. USD/JPY surrendered earlier gains after the BOJ’s Monetary Policy Statement reaffirmed its ultra-loose policy. Core PCE from the US retreated to 4.1% YoY in June, fueling a decrease in US yields. At the time of writing, the USD/JPY pair is
