Category: Forex news

The latest economic data suggests that a recession is coming in the US
Forex news

Latest economic data suggests US recession looming

According to Longview Economics CEO Chris Watling, the latest economic data in the United States indicates a recession is arriving. Investors may have to prepare for some not-so-pleasant events on the stock market. Talking on

Japan's record foreign trade deficit
Forex news

Japan’s record foreign trade deficit

Local media reported on Thursday that Japan’s foreign trade deficit rose to a record 21.73T yen ($160B) in the 2022 fiscal year that ended March 31. The deficit quadrupled last fiscal year on an annual

Canada closes ports for Russian ships
Forex news

Inflation in Canada slowed to 4.3 percent in March

Canada’s inflation rate continued to ease in March, a signal that the country’s tightening monetary policy has curbed price growth, despite the central bank’s recent pause in interest rate hikes. Consumer prices rose 4.3 percent

Close up of one dollar isolate on white background.
Forex news

The bad period for the US dollar continues

The dollar weakened for the fourth consecutive week against major currencies, and investors believe the US central bank will end its rate hike cycle soon. The dollar index, which shows the movement of the US

Fed The fight against inflation could last
Forex news

Turkey inflation below the expected level

Turkey’s inflation fell slightly below expected levels in March, boosted by higher prices for food and hospitality services. The Financial Times reports that Turkey’s annual consumer price inflation in March was 50.51 percent, while economists

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Commodity News

Brazil’s industrial production fell by 0.3% in January

According to official data released on Thursday, Brazil’s industrial production fell by 0.3 per cent in January on a monthly basis. The data aligns with market expectations, following a 0.1 per cent decline in December