The European Central Bank’s Unstoppable Interest Rate Hikes Strengthen Eurozone Economic Outlook Amid Recession by Vinit Makol · June 12, 2023 · no comment As the Eurozone grapples with a surprise recession, the European Central Bank (ECB) stands firm in its commitment to combat inflation through a series of interest rate hikes. Despite the ... 0 shares
Australian Dollar Fundamental Bias Breakdown: Factors Shaping AUD/USD Direction by Vinit Makol · June 12, 2023 · no comment The Australian Dollar (AUD) is a currency influenced by various factors that shape its direction against the US Dollar (USD). To comprehend the fundamental bias of the AUD/USD exchange rate, ... 0 shares
Critical Alert: Escalating Risk of US hard landing after Fed’s Uncompromising Rate Hikes, Cautioned by Cam Harvey by Vinit Makol · June 10, 2023 · no comment The odds of a US hard landing are on the rise, according to Campbell Harvey of Research Affiliates. The Federal Reserve's persistent battle against inflation through interest-rate increases has heightened ... 0 shares
Cryptocurrencies Face Renewed Pressure as Interest Rate Hikes and SEC Lawsuit Take a Toll by Vinit Makol · June 10, 2023 · no comment Cryptocurrencies, including Bitcoin, find themselves under renewed pressure as market dynamics shift, bringing potential challenges to the digital asset space. Bitcoin is currently trading near $26.4K, experiencing a 1.5% decline ... 0 shares
Inflation Report 2023: UK’s Soaring Inflation Rate Triggers Concerns and Economic Challenges by Vinit Makol · June 9, 2023 · no comment The latest inflation report highlights the UK's anticipated role as a frontrunner in the inflation rate race among advanced economies. According to the data, the inflation rate in the UK ... 0 shares
Gold Prices Rise as US Dollar Weakens on Jobless Claims Surge, XAU/USD Eyes Bullish Engulfing by Vinit Makol · June 9, 2023 · no comment Gold prices experienced a remarkable rally on Thursday, driven by the weakening US Dollar and an unexpected surge in jobless claims. The precious metal soared by 1.3 percent, marking its ... 0 shares