UK100 Weighed by Another BoE Hike
The UK index dropped in the aftermath of the Bank of England further tightening, but finds support today as the rate hike was of just 25 basis points
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The UK index dropped in the aftermath of the Bank of England further tightening, but finds support today as the rate hike was of just 25 basis points
The latest US jobs showed further signs of cooling and sent the pair higher, but today it is facing renewed headwinds, following some hawkish remarks by Fed officials
After the latest round of monetary policy decisions, uncertainty is prevalent, as most central banks have kept all options in play in regards to their next steps
The tech giant reported its highest net income in over a year, boosted by cost saving efforts, while offering upbeat revenue guidance, helped by strong Prime Day sales
Watch today’s US Open for insights on the rate hike by the Bank of England and the impact on GBP/USD, the US downgrade by Fitch that weighs on Wall Street and more
The index sold-off on Wednesday after Fitch downgraded the US long term rating, with focus now shifting to Big Tech earnings and the jobs report
Today’s Q2 labor report showed an increase in unemployment, which could help the bank stay in the sidelines after last month’s pause, sending the Kiwi lower
Watch today’s US Open for insights on the second straight pause by the central bank of Australia, the stealth YCC tweak by the bank of Japan, China’s poor PMI and more
After the collapse of 2022, the social media giant turned things around with a series of initiatives and the stock benefits with a nine-month profitable streak – the longest since its 2012 IPO
The pair retreats, weighed by the decision of the Australian central bank to stay on the sidelines for second straight meeting, as it kept rates at 4.1% today
The BoJ pledged more flexibility in its yield curve control (YCC) on Friday, but the implicit nature of the YCC tweak disappointed Yen bulls and the pair rises
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