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Monthly Archives: August 2024

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Fed Pressured: Will CPI Data Fuels Calls for Rate Cuts?

Written on August 9, 2024 at 2:52 am, by

Tuesday, 13 August 2024, 16:00 – US PPI (MoM) (Jul) The U.S Producer Price Index (PPI) for June showed a month-over-month increase of 0.2%, which was slightly above market expectations of 0.1%. This increase followed a flat reading in May and a decline of 0.2% in April, highlighting some volatility in producer prices over theContinue Reading

Japanese Yen Remains Weak On Dovish BoJ

Written on August 9, 2024 at 2:10 am, by

Fundamental Analysis * Yen Woes: The Japanese Yen continues to weaken against the dollar as the market processes dovish statements from the Bank of Japan (BoJ). According to Reuters, BoJ Deputy Governor Shinichi Uchida recently stated that the BoJ would not consider raising interest rates amidst market instability. He also mentioned that the BoJ’s interestContinue Reading

Knowing the Differences Between CFDs and Shares

Written on August 8, 2024 at 9:04 am, by

Understand The Difference Between CFDs And Shares Trading While both shares trading and trading CFDs allow you to profit from changes in stock prices, CFDs, which is the abbreviation for Contract For Differences, have several advantages over conventional shares trading. Brief Summary Of What Is a CFD The financial instrument known as a CFD, orContinue Reading

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