Title: Expert Analysis: Economic Growth Forecast Adjusted, Fed to Reach Terminal Policy Rate of 3.00-3.25% Economic growth is slowing as expected, but recession risks remain low. Danske Bank macro analysts
The latest data shows that the official manufacturing PMI dipped to 49.1 in August, the lowest in six months, due to weaker demand. Industrial production growth likely slowed to 4%
EUR/USD Analysis: Bearish Trend Continues as USD Gains Strength The EUR/USD pair is currently trading at 1.1047 as the mood sours ahead of fresh data from the United States that
Standard Chartered revises Japan's economic growth forecast for 2024 to 0.0% from 0.6% on weaker first-half performance and GDP revisions. The economy is expected to gradually recover, driven by domestic
According to UOB Group Economist Ho Woei Chen, there has been a divergence between Caixin and official manufacturing PMIs in China, while the official nonmanufacturing PMI saw a marginal increase
The US Dollar has continued to rise after reports confirmed the strength of the US economy. However, upcoming meetings of the European Central Bank and Federal Reserve are causing some
Canada's economy outperformed expectations in the second quarter, with real Gross Domestic Product (GDP) growing at an annual rate of 2.1%. This exceeded the 1.6% forecasted by the market and
XAU/USD Price Update: Gold Surges to Record Highs as Economic Data Boosts Market Sentiment Positive US GDP figures dampen market sentiment Focus on upcoming US PCE inflation data Gold continues
Trade tariffs under a potential Trump 2.0 pose a risk to exports, a crucial driver of growth. However, trade diversion through countries like Vietnam and Mexico could help offset the
EUR/USD Price Update: German Inflation Falls, US GDP Revised Upward German inflation falls more than expected, increasing by 1.9% YoY in August. US Q2 Gross Domestic Product revised upward to