WTI price trades in negative territory near $67.65 in Wednesday’s early Asian session. OPEC+ said it will proceed with a plan to increase oil production…
The Australian Dollar strengthens as the US Dollar weakens amid rising concerns over slowing US economic growth. Australia’s Gross Domestic Product grew by 0.6% QoQ…
China’s Services Purchasing Managers’ Index (PMI) unexpectedly firmed to 51.4 in February from 51 in January, the latest data published by Caixin showed Wednesday. The market…
China’s finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective…
Australia’s Gross Domestic Product (GDP) grew 0.6% QoQ in the fourth quarter (Q4) of 2024 compared with the 0.3% growth in the third quarter, the Australian Bureau…
The Wall Street Journal reported early Wednesday that the Trump administration is preparing an executive order to bolster US shipbuilders and cut Chinese dominance of the…
Chinese authorities said early Wednesday that it will target economic growth for 2025 around 5% and will target CPI for 2025 at 2%. Additionally, China…
EUR/USD rose 1.4% on Tuesday, cracking the 1.0600 level. Data was of little consequence on Tuesday as markets focus on tariffs. ECB rate call in…
USD/CAD attracts some sellers to around 1.4400 in Tuesday’s late American session, down 0.50% on the day. Lutnick said Trump may roll back Canada and…
GBP/USD Forecast: Pound Sterling targets new multi-month highs on broad USD weakness GBP/USD benefited from the broad-based selling pressure surrounding the US Dollar (USD) and…