Search Icon
FXEMPIRE
icon
Advertisement
Advertisement

Financial News

  • James Hyerczyk

    Fourth Quarter Economic Strength In the fourth quarter of 2023, the US economy exhibited a solid growth rate of 3.4%, an upward revision from an initial estimate of 3.2%. This growth, albeit a slight reduction from the previous quarter’s 4.9%, signals a steady economic environment, achieved against the backdrop of

  • James Hyerczyk

    US Data: Stable GDP, Higher Job Claims, Home Sales Up Affect Markets & Fed Today’s pivotal U.S. economic data, including Final GDP q/q steady at 3.2%, an anticipated rise in Unemployment Claims to 212K, a rebound in Pending Home Sales m/m to 1.4% from -4.9%, and steady Revised UoM Consumer

  • Bob Mason

    On Thursday, the German economy was in the spotlight. German retail sales garnered investor interest early in the European session. German Retail Sales In Germany, retail sales declined by 1.9% month-on-month in February after falling 0.4% in January. Economists forecast retail sales to advance by 0.3%. According to Destatis, Food

  • Dennis Shen

    Sustained geopolitical risks since Russia’s war on Ukraine challenge the long-run rating of Georgia, which Scope Ratings recently affirmed at BB, maintaining a Stable Outlook. After Ukraine, the agency assesses Georgia as the most geopolitically at-risk nation among its 40 publicly-rated sovereign states. This is reflected by a specific one-notch

  • Vladimir Zernov

    On March 27, 2024, EIA released its Weekly Petroleum Status Report. The report indicated that crude inventories increased by 3.2 million barrels from the previous week, compared to analyst consensus of -1.28 million. At current levels, crude oil inventories are about 2% below the five-year average for this time of

  • James Hyerczyk

    Bank of England FPC Meeting Insights Today’s Bank of England (BOE) Financial Policy Committee (FPC) Meeting Minutes have shed light on the evolving financial landscape, marked by a complex interplay of global risks and domestic economic resilience. Global Risks and UK Economic Outlook The minutes highlight escalating global and geopolitical

  • James Hyerczyk

    Port of Baltimore Shutdown Triggers Logistics Crisis The closure of the Port of Baltimore, triggered by a cargo ship collision with the Francis Scott Key Bridge, has sent shockwaves through logistics firms. President Biden highlights the port’s significance in auto trade, with 15,000 jobs at stake. Louis Navellier warns of

  • Vladimir Zernov

    On March 26, 2024, The Conference Board released CB Consumer Confidence report for March. The report indicated that CB Consumer Confidence declined from 106.7 in February to 104.7 in March, compared to analyst consensus of 107. The Present Situation Index improved from 147.6 in February to 151.0 in March, while

  • James Hyerczyk

    Overview The latest U.S. Census Bureau report indicates a significant rebound in durable goods orders for February, marking a promising shift in the manufacturing sector’s trajectory. This development holds considerable implications for future Federal Reserve policy decisions, particularly regarding interest rate adjustments. Durable Goods Orders See Upward Swing In February,

  • Christopher Lewis

    WTI Crude Oil Technical Analysis The WTI crude oil market has done very little during the early hours on Tuesday after rallying on Monday. Ultimately, this is a market that I think continues to see a lot of upward trajectory and given enough time, I do think that buyers jump

  • James Hyerczyk

    S&P CoreLogic Case-Shiller Index Shows Resilience The S&P CoreLogic Case-Shiller Index, a critical gauge for US home prices, evidenced a firm upward trend in January 2024. Significantly, three out of the twenty major metropolitan markets demonstrated month-over-month price increases. This continuation of growth is noteworthy as it indicates persistent strength

  • James Hyerczyk

    Data Watch: Durable Goods and Confidence Report to Guide Fed Today’s releases of February’s durable goods orders and the March consumer confidence index are pivotal for gauging the Federal Reserve’s policy path. While durable goods orders are expected to show a rebound (+1.2% MoM), the slight uptick in consumer confidence

  • Bob Mason

    On Tuesday, the German economy was in the spotlight, with German consumer confidence in focus. German GfK Consumer Climate Indicator Rises to -27.4 The German GfK Consumer Climate Indicator increased from -28.8 to -27.4 for April. Economists forecast an increase to -27.9. According to the March survey, The willingness to

  • Bob Mason

    Intervention Threat Offers Modest Yen Relief The USD/JPY was on the back foot on Tuesday (March 26) morning. Japanese government officials continued to raise the threat of an intervention to bolster the Japanese Yen. After the Monday comments from Japan’s vice Finance Minister for International Affairs, Japan’s Finance Minister, Shunichi

  • Vladimir Zernov

    On March 25, 2024, the Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report for March. The report indicated that Dallas Fed Manufacturing Index declined from –11.3 in February to -14.4 in March, compared to analyst consensus of -11.3. Production Index fell from 1.0 to -4.1, while New

  • James Hyerczyk

    Key Week Ahead with GDP, PCE Index, and Earnings in Focus This week, markets brace for a data surge, headlined by the PCE Price Index and GDP’s third estimate. Key earnings from GameStop, McCormick, and Walgreens Boots Alliance are also on deck. Investors are watching new home sales and durable

  • Bob Mason

    BTC-Spot ETF Market Records Net Weekly Outflows BTC was down 6.54% to $64,018 from Monday (Mar 18) to Saturday (Mar 23). Significantly, BTC fell to a low of $60,805 before steadying. BTC-spot ETF market flow data impacted buyer demand for BTC, with five consecutive days of net outflows. Monday (Mar 18) to

  • Bob Mason

    UK Retail Sales Report – February 2024 The UK economy was in focus after the Bank of England interest rate decision. UK retail sales were flat month-on-month in February after surging 3.6% in January. Economists forecast retail sales to decline by 0.3% in February. According to the Office for National

  • Bob Mason

    The Nikkei 225 Entered Uncharted Territory on Friday, Breaking the 41,000 Barrier On Friday, the Nikkei broke through the 41,000 barrier before easing back. The Nikkei was up 0.43% to 40,992 in the morning session. Bank and tech stocks were among the front-runners. Investors reacted further to the Bank of

  • Vladimir Zernov

    On March 21, 2024, S&P Global released U.S. PMI reports for March. The reports indicated that Manufacturing PMI improved from 52.2 in February to 52.5 in March, compared to analyst consensus of 51.7. The rate of growth in the manufacturing sector was the fastest since May 2022. Services PMI declined from

Trade With A Regulated Broker