The U.S. Commerce Department’s recent announcement to continue classifying Vietnam as a non-market economy country has left Hanoi disappointed. This decision comes at a time when the U.S. has been trying to strengthen ties with Vietnam as a way to counter China’s influence in the region. Vietnam had been hoping for an upgrade, which would
Pandian
It is crucial for individuals to conduct their own due diligence when it comes to making financial decisions. The content provided on various websites, including analysis and opinions from third parties, should be used for educational and research purposes only. Relying solely on the information provided without performing your own checks can lead to potential
Investors around the world are bracing themselves for another tumultuous day in the stock market. A recent report on U.S. manufacturing has sent shockwaves through global markets, sparking concerns about the state of the economy and the Federal Reserve’s future actions. With risk assets taking a hit, many are left wondering what the future holds
The Bank of Japan (BoJ) is preparing to make a pivotal decision on interest rates at its upcoming meeting. With the global economy facing challenges such as inflation and economic uncertainties, the BoJ’s choice will hold significant weight in financial markets worldwide. Speculation has been mounting about a possible rate hike by the BoJ, as
As the Federal Reserve officials gear up for their upcoming meeting, all eyes are on the potential for a rate cut in September. Evercore ISI strategists believe that while the Fed is likely to hold rates steady this time, there could be a signal for a 25 basis point cut at the next meeting. The
As investors brace themselves for a week filled with major market events, such as earnings reports from the largest tech companies, a Federal Reserve policy meeting, and crucial employment data, the near-term trajectory of U.S. stocks is hanging in the balance. The recent selloff in the stock market, which saw the S&P 500 and Nasdaq
Household spending trends in Q2 of 2024 have continued to show a downward trajectory, with a decrease of 1.2% in April and 0.3% in May. This weak consumer spending has the potential to signal dampened demand-driven inflationary pressures, creating a challenging macroeconomic environment for rate hikes. The Bank of Japan’s decision to cut JGB purchases
Former New Federal Reserve President Bill Dudley has recently made a bold statement, calling for the Fed to cut rates as soon as next week. This stark reversal of his long-held view signals a significant shift in perspective regarding the current state of the U.S. economy and the role of the central bank in shaping
The article discusses the increase in market breadth indicators for the Nasdaq 100, with more than 50% of component stocks above their 20-day and 50-day moving averages. This positive development is seen as a sign of strength in the index. However, the analysis lacks depth in explaining the significance of these indicators. While it mentions
When it comes to making investment decisions, it is crucial to understand the risks and uncertainties involved. The information provided on various platforms, including FXStreet, should be seen as a guide rather than a direct recommendation to buy or sell assets. It is essential for individuals to conduct their own thorough research before making any
After analyzing the recent movement of the New Zealand Dollar (NZD), it is evident that there is still potential for the currency to drop below 0.6000. UOB Group FX strategists Quek Ser Leang and Peter Chia have noted that the NZD has shown signs of weakness and could continue to decline in the near future.