Economic News Category

GBP/JPY aims for 184.00 as UK employment data paints a mixed picture During the Asian trading session on Tuesday, GBP/JPY exhibited a resilient upward trend, currently hovering around the 183.70 mark. The pair’s recent gains can be attributed to a nuanced assessment of the latest employment data emanating from the United Kingdom. The Office for

Experts Note Signs of an Economic Rebound for China as Stimulus Efforts Are Ramped Up China’s economy is poised for a rebound as experts and executives observe a gradual improvement in demand, increased economic activity, and reduced deflationary pressure. Optimism surrounds the country’s economic prospects, with expectations of continued recovery and the implementation of pro-growth

Previewing the Canada Jobs Report: Unemployment Rate on the Rise The Canadian Labor Force Survey report is scheduled for release at 12:30 GMT on Friday by Statistics Canada. It is likely that the Canadian labor market will continue to show weakness, supporting the Bank of Canada’s decision to maintain interest rates. Despite raising rates in

Germany’s economy continues to struggle with stagnant growth Germany’s economy is facing a persistent struggle with stagnant growth, and the second quarter of the year has brought more challenges. In this quarter, there was no growth in real GDP, and this follows two consecutive quarters of mild contractions. The situation is complicated, with some signs

S&P 500 Futures show cautiousness amid fluctuating yields The market remains cautious on Wednesday as investors await the US ISM Services PMI. Concerns about China’s economy, fears of hawkish moves by the Federal Reserve, and Eurozone recession worries are likely contributing to the subdued risk appetite. S&P 500 Futures are slightly down following yesterday’s negative