Economic News Category

China’s Economy Set for Strong Recovery Path China’s economy is poised for a significant recovery this year, with indicators pointing towards a resurgence in consumer spending, services activities, and export growth. This positive trend has been highlighted by various global financial institutions and senior experts, despite acknowledging potential vulnerabilities due to ongoing challenges. One of

Australian Dollar’s Gains Reduced Amid Strengthening US Dollar, Attention on Australian CPI The Australian Dollar (AUD) slightly reduced its intraday gains as the US Dollar began to recover its recent losses on Tuesday. The AUD/USD pair, however, is still finding support due to a general improvement in risk sentiment. This shift in mood is partly

The Japanese Yen (JPY) has seen a slight uptick against the US Dollar (USD) as the new trading week commences, yet it continues to hover near a low not seen in over three weeks, a position established the previous Friday. Market participants are now increasingly of the view that the Bank of Japan (BoJ) may

Markets Anticipate Further Decline in Yen Amid Revised Expectations for Fed and BOJ Policies The Japanese yen is expected to continue its decline as market sentiment shifts due to changing monetary policy forecasts in the United States and Japan. Speculative trading activity has shown a significant sell-off of the yen, with positions being the most

Japanese Yen Continues Downward Trend Versus US Dollar, Reaching Almost Two-Week Low The Japanese Yen continued its downward spiral against the US Dollar, marking the third consecutive day of decline as it touched a new two-week low in the European trading session. The drop is attributed to several domestic and international factors exerting pressure on