Forex News and Market Analysis
U.S. Stocks May Show A Lack Of Direction In Early Trading
Stocks may show a lack of direction in early trading on Thursday following the strong upward move seen late in the previous session. The major index futures are currently pointing to a roughly flat op... Full Article
UK Confirms Q4 Recession
Confirming a mild recession in the UK, official data showed that the economy contracted as initially estimated in the fourth quarter. Gross domestic product fell by an unrevised 0.3 percent after a 0... Full Article
German Unemployment Rises Less Than Expected
Joblessness in Germany increased less than expected in February despite the economy undergoing severe downward pressures, official data revealed Thursday. The number of people out of work increased o... Full Article
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 23rd, according to a report released by the Labor Department on Thursday. The report said in... Full Article
U.S. Economy Unexpectedly Grew Faster Than Previously Estimated In Q4
The U.S. economy unexpectedly grew by more than previously estimated in the fourth quarter of 2023, the Commerce Department revealed in a report released on Thursday. Revised data showed real gross d... Full Article
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In March
A report released by MNI Indicators on Thursday showed Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of March. MNI Indicators said its Chicago business ba... Full Article
Biotech Stocks Facing FDA Decision In April 2024
World Health Day, observed annually on April 7th, provides an opportunity to focus on key public health issues. This date also commemorates the founding anniversary of the World Health Organization (W... Full Article
U.S. Stocks Lack Direction As Inflation Data Looms
Following the strong upward move seen late in the previous session, stocks are showing a lack of direction during trading on Thursday. The major averages have spent the day bouncing back and forth acr... Full Article
U.S. Pending Home Sales Rebound 1.6% In February, Slightly More Than Expected
After reporting a sharp pullback in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Thursday showing a notable rebound by pending home sales in... Full Article
U.S. Consumer Sentiment Index For March Unexpectedly Upwardly Revised
The University of Michigan released revised data on Thursday showing an unexpected improvement in U.S. consumer sentiment in the month of March. The report said the consumer sentiment index for March... Full Article
U.S. Stocks Remain Little Changed In Afternoon Trading
After showing a lack of direction early in the session, stocks continue to turn in a lackluster performance in afternoon trading on Thursday. The major averages have spent the day bouncing back and fo... Full Article
Pure Brands Of California Recalls PureFog Juice Liquid Sold Exclusively On Amazon.com
Pure Brands of California has recalled PureFog Juice Liquid due to the risk of mold exposure. The recalled products were sold exclusively on Amazon.com. According to the Consumer Product Safety Commi... Full Article
BOE Likely To Supply OLED Panels For IPhone SE 4
According to a report from ZDNet Korea, the Chinese electronic component manufacturer, BOE, is expected to produce OLED panels for the highly anticipated Apple Inc.'s (AAPL) iPhone SE 4. This comes ... Full Article
U.S. Stocks Close Little Changed Ahead Of Inflation Data
Following the strong upward move seen late in Wednesday's session, stocks showed a lack of direction over the course of the trading day on Thursday. Despite the choppy trading, the Dow and the S&P... Full Article
Another Record High for Dow Jones and S&P 500
The S&P 500 and Dow Jones closed at historic highs, with the S&P posting its 22nd record closing in 2024. Full Article
Sam Bankman-Fried has been sentenced to 25 years in prison after fraud at FTX.
The sentence is much lower than what New York prosecutor Damian Williams had requested. Full Article
Chile: Dollar closes flat, but records its largest advance since mid-2022 in Q1
With Thursday's result, the dollar decreased by $4.72 for the week, completing an increase of $95.78 in Q1. Full Article
The President of Brazil, with Emmanuel Macron, called for elections in Venezuela
Lula da Silva said on Thursday that "there is no legal or political explanation" for the blocking of opposition candidacies in Venezuela Full Article
Argentina: Salaries increased by 16.4% but lost ground against inflation
Argentina has long struggled with high inflation rates, which have been a persistent challenge for its economy. Full Article