Keep You Up-to-date with the FX Markets
- Weekly Report: ECB’s Simkus: Quite Unlikely that We Will Cut Rates in OctoberHUBFX Weekly Market Report: ECB’s Simkus, Market Volatility, and Technical Analysis Insights In this week’s HUBFX report, we delve into the most significant market events shaping the financial landscape. The European Central Bank’s (ECB) hawkish stance, the turbulent state of global markets, the significant drop in oil prices, and critical technical analysis across key currency
- IMF Economist Supports BoJ Rate Hikes as Positive for Japan: Weekly Market ReportIMF Chief Economist Endorses BoJ Rate Hikes The Jackson Hole annual economic symposium brought insightful commentary from IMF Chief Economist Pierre-Olivier Gourinchas, who emphasized that the Bank of Japan’s (BoJ) gradual rate hikes are a positive development for Japan. Gourinchas noted that inflation in Japan is now above the BoJ’s 2% target, and inflation expectations
- UK Economy: Recent Growth Trends and Future Outlook Amid Geopolitical ChallengesIntroduction: The UK economy has faced several challenges over the past decade, including a post-2008 productivity slump, Brexit, and the COVID-19 pandemic. Despite these obstacles, there are signs of improvement in 2024. The recent growth in the services sector and falling inflation have led to cautious optimism about the future. Inflation and Economic Growth: In
- Market Insights: Dollar Weakens Amid Fed Rate Cut Speculation & Oil Market Declines – August 21, 2024A flurry of economic updates and market movements has characterized today’s financial landscape. The recent revision of non-farm payrolls data, now reflecting a cut of 818,000 jobs, has added to the volatility in currency markets. This revision has sparked discussions about potential rate cuts by the Federal Reserve, as indicated by the latest FOMC Minutes.
- Trump Assassination Attempt Spurs Surge in Merchandise DemandIntroduction In the wake of the shocking assassination attempt on Donald Trump during a rally in Butler, Pennsylvania, the nation has been abuzz with reactions. However, one unexpected outcome has been the rapid emergence of Trump-related merchandise. This article explores the surge in demand for these items, the response from merchants, particularly those in Yiwu,
- HUBFX: Simplifying Global Payments for Ecommerce SuccessStreamlining Cross-Border Payments for Ecommerce Success 🌐 E-commerce is the next frontier of globalisation, with Chinese vendors playing a pivotal role in driving the global digital economy. In 2017 alone, China’s e-commerce exports surged by 41.3 percent to 33.65 billion yuan, marking a significant contribution to the global trade landscape. In 2021, China became the
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