Breaking Down the Latest US Economic Index: What You Need to Know Introduction The latest US Leading Economic Index (LEI) has shown a decline of -0.6%, which is lower than the expected -0.3% and the prior -0.3%. Justyna Zabinska-La Monica, Senior Manager of Business Cycle Indicators at The Conference Board,
Recapping the Week: A Look Back at May 17th, 2024 with Vladimir Ribakov Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and review of May 17th, 2024 is here. It is now time to recap and summarize the trade setups that we had during this
Uncovering the Latest in European FX News: Dollar Remains Steady Alongside Yields Headlines: The latest news in the European foreign exchange market has been making waves, with the US Dollar holding steady alongside yields. Investors and traders are closely monitoring the developments as various economic indicators influence the fluctuations in
Meta Faces Child Safety Probe by European Commission: What You Need to Know The Investigation Recently, Meta, the parent company of popular social media platforms like Facebook and Instagram, has come under scrutiny by the European Commission for potential violations related to child safety. The investigation focuses on how Meta’s
Stay Ahead of the Game: Must-Know Events for Today’s Forex Market Description: Looking at the calendar, it seems like it’s going to be a boring day today. There are no market-moving releases, so we might just see some consolidation going into the weekend. Eurozone April CPI (Final) 09:00 GMT The
Unlocking Success: An Exclusive Interview with Marios Christodoulou at FMAS24 by XM Description: Finance Magnates spoke with Marios Christodoulou, a Business Development Officer at XM, for his in-depth understanding and insights on Africa and the company’s goals in the region ahead of FMAS:24. Are you excited for FMAS:24 and how
Breaking News: Bitconnect’s Aussie Frontman Pleads Guilty in Cryptocurrency Scandal! What Happened? BitConnect’s national promoter in Australia, John Bigatton, pled guilty to his role in promoting the scam after three and a half years of his indictment. He promoted the fraudulent cryptocurrency scheme on social media, hosted seminars across the
Goldman Sachs Adjusts PCE Inflation Forecasts by a Slight Margin: What Does This Mean for the Economy? Description: Goldman Sachs have raised their forecast for April core and headline PCE estimates by 1bp each – 0.26% and 0.27% respectively. Prior was 0.3% for these. Earlier this week we had the
Breaking News: Bank of America Anticipates First Fed Rate Cut in December! Description: Via a note from Bank of America following the CPI report that got everyone expecting quicker rate cuts, again. While the report was certainly a positive one relative to ugly reports to start the year, it is
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