The Federal Reserve is poised to deliver its first interest rate cut since 2020 next week, a move that consumers, businesses and investors alike have been eagerly awaiting.
The Federal Reserve is widely expected to lower its benchmark interest rate when it meets on Wednesday, marking the first rate cut in more than four years.…
European stock markets continued their upward trajectory as cooling inflation fueled optimism for deeper rate cuts by the European Central Bank (ECB). Germany's DAX reached a new high after a surprising drop in consumer prices for August, further driving the rally.
Expectations for significant rate cuts by central banks, particularly in Europe, continued to bolster…
Favorable market conditions in the eurozone and the UK and lower US inflation could prompt the US Federal Reserve to consider rate cuts. As the euro and pound strengthen, the Fed might feel pressured to adjust rates to maintain the competitiveness of the dollar.
Both the euro and stock markets across Europe climbed following the…
The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate decision remains a key factor in determining the single currency's trend.
The euro has recently surged amid global market turmoil, being viewed as a safe haven currency. The exchange rate…
The Bank of England cut interest rates by 0.25% to 5% with a narrow 5-4 vote, as inflation met the 2% target. This decision caused the British pound to weaken and led to a slight rebound in UK equities.
The Bank of England cut interest rates at its August meeting for the first time since…
KEY TAKEWAYS
Gold has been one of the best-performing global assets of 2024, with central banks propelling much of the demand.
Global official gold reserves increased by 290 metric tons in the first quarter of the year, the largest first-quarter increase since at least 2000, according to the World Gold Council.
More North American professional…
MetaTrader 4, commonly abbreviated to MT4, is one of the most famous trading platforms in online trading due to its friendly interface, powerful charting system, and superior trading features.
Another important feature of Metatrader 4 is that it has the capability for what is known as algorithmic trading through the use of trading robots, or what is…
Investors and traders are continuously searching for vehicles that present the greatest opportunity to generate revenue by being participants in the financial markets. Of all the options available, trading stocks/shares and CFDs (Contracts for Difference) are two of the most widely chosen.
Each one has both benefits and drawbacks, and traders must do their research and go with a strategy…