By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian equities were mixed on Tuesday as investors digested weaker-than-expected Chinese economic data. Industrial production and retail sales data from the world’s second-largest
By Craig Erlam A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,
By Craig Erlam The Bank of England hiked interest rates by another 25 basis points on Thursday, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The
By Jameel Ahmad, Chief Analyst at CompareBroker.io There were no surprises that the Bank of England increased interest rates once again on Thursday. It was widely expected, and they were raised 25
Bitcoin, the premier cryptocurrency, had an impressive 72.4% quarter-over-quarter gain in Q1 2023, according to a BitcoinCasinos.com report, compared to the NASDAQ index that jumped 15.7%, while gold had an 8.4% increase. Buoyed by positive inflation
China is increasingly expanding its gold reserves and ditching the dollar in moves that could have implications on investments, the CEO and founder of a leading financial advisory and fintech has warned.
By Craig Erlam We saw a slightly softer trading session on Tuesday as investors eye crucial inflation data on Wednesday. We’ve finally reached the point at which the Federal Reserve may be
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets were a mixed bag on Tuesday as caution kicked in ahead of Wednesday’s key US inflation report, although Chinese shares rose after
By Craig Erlam Stock markets are tentatively higher at the end of the week, but how they ultimately see it out will depend on the US jobs report. While the US banking
By Craig Erlam The Federal Reserve will announce its latest interest rate decision later Wednesday and investors will be hanging on every word in light of recent banking sector instability. This was
