It is crucial to understand the risks involved in trading and investing before making any financial decisions. The content provided on websites may include general news, personal analysis, and opinions, but it is important to note that this should not be considered as a recommendation or advice to take any action. Before making any investment,
admin
Boeing has announced its decision to acquire Spirit AeroSystems in a $4.7 billion all-stock deal after months of negotiations. The total deal value, including debt, amounts to approximately $8.3 billion. This move comes amidst a corporate and industrial crisis that has impacted both Boeing and Spirit AeroSystems. Under the terms of the acquisition, each share
Gold prices are currently experiencing a period of uncertainty and range-bound trading as various fundamental factors exert influence on the precious metal’s value. The price of gold has been unable to break above the $2,330 level, as traders adopt a cautious approach due to uncertainties surrounding the Federal Reserve’s rate-cut path. The recent hawkish comments
The US ISM Manufacturing Purchasing Managers’ Index (PMI) is a key economic indicator that provides insights into the health of the manufacturing sector in the United States. The latest data on the US ISM Manufacturing PMIs for the month of June is eagerly awaited by investors and analysts alike. It is important to note that
Gold prices are seeing a decline in early Asian trading hours, hovering near $2,325. The recent data on inflation in the US has shown a decrease to its lowest annual rate in over three years. This has impacted the market sentiment and contributed to the drop in gold prices. The upcoming US June ISM Purchasing
The EUR/USD pair has recently started a recovery wave above the 1.0710 resistance level, indicating a positive trend in the short term. The pair successfully cleared a major bearish trend line with resistance at 1.0725 on the 4-hour chart, which further supported the bullish momentum. However, despite the positive movement, the pair is currently facing
Recent data from Japan has shown a mixed economic outlook, with Japanese big manufacturers’ confidence reaching a more than two-year high, while the service-sector mood has soured due to rising costs driven by the weak yen. According to a central bank survey, the improvement in business sentiment may have peaked, especially for non-manufacturers. The findings
The recent first round of France’s parliamentary elections saw Marine Le Pen’s far-right National Rally party emerge victorious. Exit polls indicated that while the RN won the first round, the final outcome will be determined by further negotiations in the run-off next week. The euro experienced a slight increase of 0.23% following the announcement, with
Australian home prices have continued to rise for the seventeenth consecutive month, according to property consultant CoreLogic. Despite challenges such as high interest rates, a cost of living squeeze, and tight lending conditions, the market has shown resilience. Data from CoreLogic shows that national home prices climbed 0.7% in June from the previous month, with
Recent concerns about the effect of a weak Yen on the Japanese economy have sparked discussions about potential intervention or BoJ support for a July interest rate hike. The possibility of aggressive cuts to Japanese Government Bonds could potentially push the USD/JPY towards 150. While Finance Minister Shunichi Suzuki has hinted at intervention, Bruegel Senior
The Bank for International Settlements (BIS) has issued a warning regarding the potential impact of rising government debt levels on global financial markets. Elections taking place around the world this year, including major events like the U.S. presidential vote and recent ones in Mexico and South Africa, pose significant risks. With global government debt already
French voters have embarked on a crucial journey as they began voting in the first round of a snap parliamentary election that could potentially lead to the country’s first far-right government since World War Two. This unexpected turn of events comes after President Emmanuel Macron’s centrist alliance was defeated in the European elections by Marine