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Forex

Goldman Sachs do not see imminent Fed rate cuts, but stocks will rise regardless

Goldman Sachs are still expecting rate cuts from the Federal Open Market Committee (FOMC) in 2024:Fed cuts are not imminentexpect the next few...

Forex

Goldman Sachs expect Brent crude oil to US$84/bbl by December

Goldman Sachs says they expect Brent crude oil to "edge down to US$84/bbl by December". still sees value in long oil positions as...

Forex

An IMF official says sees Japan as fully committed to flexible exchange rate regime

International Monetary Fund (IMF) official: Asian central banks should focus on fundamentals and domestic conditions, rather than fed movesWe see Japanese authorities fully...

Forex

AUD/JPY loses ground on weaker Aussie Retail Sales amid mixed Chinese data

AUD/JPY edges lower on Tuesday after the release of the lower-than-expected Aussie Retail Sales, a leading indicator that has a direct correlation with...

Forex

Daily Broad Market Recap – April 29, 2024

The market holiday in Japan and the lack of verbal intervention from Japanese officials weren’t enough to stop the yen from making big...

Forex

IMF expects slowing China growth at 4.6% in 2024 and 4.1% in 2025

The IMF says that Asia Pacific economies are headed for 'soft landing'Citing rapid disinflation and resilient growth, although economic expansion is expected to...

Forex

IMF: China growth expected to slow to 5.2% in 2023, 4.6% in 2024, 4.1% in 2025

The International Monetary Fund (IMF) said in its latest report published on Tuesday that China’s economic growth is expected to slow in 2023...

Forex

USD/JPY trades above 157.00 for the first time since … yesterday

Just an update on the yen, its retracing some if its losses from Monday. There is no fresh news, although we've had remarks...

Health

A federal judge says ‘no’. Endpoints reports: A New Jersey federal judge on Monday tossed cases brought by Johnson & Johnson and Bristol...

Spot Bitcoin ETFs Commence Trading in Hong Kong
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Spot Bitcoin ETFs Commence Trading in Hong Kong

Almost five months after the US approves spot Bitcoin ETFs for trading, Asia follows.