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Industries, Manufacturing

UK Manufacturers Expect Sharp Fall In Output In Months Ahead: CBI

September 21, 2022

Via: Markets Insider

UK manufacturers reported a marginal fall in production in the three months to September but they expect a much sharper decline over the coming three months, monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed Wednesday. […]


Finance Tech, Trading

Global shares decline ahead of Fed decision on rates

September 21, 2022

Via: ABC News

Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades. France’s CAC 40 fell nearly 0.1% in early trading […]


Energy, Industries

All UK businesses secure energy support package ‘costing tens of millions’ to slash bills

September 21, 2022

Via: Sky News

Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies are already paying but respected market expert […]


Finance Tech, Liquidity

Silver Price Forecast: Clinging to Downtrend Ahead of FOMC – Levels for XAG/USD

September 20, 2022

Via: DailyFX

WAITING ON POWELL Like most other assets this week, silver prices have seen subdued price action in the run-up to the September Fed meeting. Questions remain over whether or not Fed Chair Jerome Powell and the FOMC will deliver a […]


Finance Tech, Trading

Asia shares rise on US rally ahead of expected Fed rate hike

September 20, 2022

Via: ABC News

Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to […]


Finance Tech, Liquidity

Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside

September 20, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro has managed to pull itself above parity once more against the greenback despite quite shocking German PPI data for August (see economic calendar below). EUR/USD ECONOMIC CALENDAR Looking at the PPI comparison with and excluding […]


Energy, Industries

Energy Price Guarantee: Liz Truss’s gigantic state handout

September 20, 2022

Via: MoneyWeek

Last Thursday the new prime minister Liz Truss, who had previously dismissed “handouts” as a way of tackling the cost of living crisis, announced a taxpayer-funded “Energy Price Guarantee” that amounts to a two-year direct grant to all households, regardless […]


Finance Tech, Trading

Asian shares slip lower following broad decline on Wall St

September 19, 2022

Via: ABC News

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices rose while U.S. futures declined. […]


Finance Tech, Liquidity

Gold Price Softens Ahead of a Busy Week with Fed, BoE, SNB and BoJ Meetings

September 19, 2022

Via: DailyFX

Gold slipped again today as the US Dollar found some traction with Treasury yields maintaining lofty levels going into a busy week for central banks. The non-yielding precious metal is below us$ 1,670 at the time of going to print. […]


Financial Services, Industries

How Central Banks Impact the Forex Market

September 19, 2022

Via: DailyFX

THE ROLE OF CENTRAL BANKS IN THE FOREX MARKET Central banks are mainly responsible for maintaining inflation in the interest of sustainable economic growth while contributing to the overall stability of the financial system. When central banks deem it necessary […]


Finance Tech, Liquidity

GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings

September 16, 2022

Via: DailyFX

Can a ‘Neutral’ SNB Provide Sterling with a Reprieve? The latest comments from the Swiss National Bank (SNB) appear to be rather balanced ahead of Thursday’s rate setting meeting. SNB Governing Board member Andrea Maechler commented earlier this month that […]


Finance Tech, Trading

Global stocks, Wall St futures lower amid inflation pressure

September 16, 2022

Via: ABC News

Global stocks and Wall Street futures fell Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might back off plans for more interest rate hikes. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong retreated. Oil prices declined. […]


Finance Tech, Trading

World shares mostly higher after wobbly gains on Wall St

September 15, 2022

Via: ABC News

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street. Germany’s DAX added 0.4% to 13,075.05 while the CAC 40 in Paris edged 0.1% higher to 6.230.03. Britain’s FTSE 100 climbed […]


News

Sri Lanka’s economy shrinks 8.4% amid fertiliser, fuel shortages

September 15, 2022

Via: Investing.com

Sri Lanka’s economy shrank 8.4% in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages during the nation’s most severe financial crisis in more than […]


Finance Tech, Liquidity

Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

September 15, 2022

Via: DailyFX

XAU/USD FUNDAMENTAL BACKDROP Gold looks to test July swing lows today after yesterday’s U.S. inflation ‘hangover effect’ seems to have dissipated. The U.S. dollar is bid once more weighing negatively on bullion due to renewed market anticipation of a large […]


Education, Industries

Gates Foundation pours $100M into college transformation effort

September 15, 2022

Via: Education Dive

The Bill & Melinda Gates Foundation will spend $100 million over five years to fund a group of nonprofit organizations working to help colleges “transform themselves” in the face of falling enrollment, increasing demands for educated workers and declining public […]


Energy, Industries

Energy crisis: EU chief wants to tap excess producer profits

September 14, 2022

Via: ABC News

A top European Union official unveiled a plan Wednesday to cap the revenue of electricity producers that are making extraordinary profits because of the effects of Russia’s war in Ukraine and climate change, saying the proposal could raise $140 billion […]


Financial Services, Industries

Bank of Japan (BoJ) – Foreign Exchange Market Intervention

September 14, 2022

Via: DailyFX

The Bank of Japan’s ultra-loose monetary policy is under pressure from a swathe of global central banks embarking on a series of rate hikes and balance sheet reduction programs. While many central banks, including the Federal Reserve (Fed) and the […]


Finance Tech, Liquidity

Euro Price Forecast: Fed to Out-Hawk ECB Leaving EUR Exposed

September 14, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP Yesterday’s U.S. inflation beat so global markets reverse expectations around a less aggressive Federal Reserve bringing the EUR/USD currency pair all the way back below parity. The previous hawkish meeting by the European Central Bank (ECB) was […]


News

US inflation falls for 2nd straight month on lower gas costs

September 13, 2022

Via: ABC News

Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households. Consumer prices surged 8.3% […]