Author: Steve
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US Manufacturing Activity Slows in May PMI Falls Short of Expectations
USD: US ISM Manufacturing PMI Falls to 48.7 in May, Below 49.6 Expected US ISM Manufacturing PMI data came at…
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Top 10 Forex News and Analysis – Jun’03, 2024
XAUUSD - Gold Slips Near Multi-Week Low, US PMI Data Ahead The Gold prices are moving lower after the US…
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Eicher Motors, Cochin Shipyard, Puravankara Significant Announcements Impact Shares
EICHER MOTORS: Eicher Motors Shares Drop 1% on May Motorcycle Sales Decline The Eicher Motor reported 9.42% sales in this…
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Israel Accepts Biden’s Ceasefire Proposal, Seeks Amendments
Crudeoil: Israel Accepts Biden's Gaza Ceasefire Proposal, Needs More Work: Netanyahu Aide The US President Joe Biden presented Ceasefire Deal…
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US Dollar Declines as Core PCE Inflation Stays at 2.8%
USD: Breaking: US Core PCE Inflation Remains Unchanged at Forecasted 2.8% The US Core PCE index came at 2.7% YoY…
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Top 10 Forex News and Analysis – May’31, 2024
GBPUSD - Pound Sterling Dips as Traders Approach US Core PCE Inflation Cautiously The GBP pairs are moving downwards ahead…
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Muthoot, Apollo, and Paytm Shares Skyrocket Amid Strong Financial Gains
Muthoot Finance: Muthoot Finance Shares Surge 4% on Strong Q4 Results; Brokerages Upbeat The Muthoot Finance reported Robust Q4 results…
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Japan’s Tokyo CPI Inflation Rebounds to 2.2% YoY, Yen Strengthens
JPY: Tokyo CPI Inflation Rises to 2.2% from 1.8%, Rebounding from 26-Month Low Japan Tokyo CPI inflation reading came at…
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US GDP at 1.3% in Q1, Q2 Growth Anticipated at 3.2%
USD: US Q1 GDP at 1.3%, Q2 Optimism Prevails The US Q1 GDP data came at 1.3% QoQ versus 1.6%…
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Top 10 Forex News and Analysis – May’30, 2024
XAUUSD - Gold prices decline as robust US Dollar and elevated US Treasury yields prevail The Gold prices are moving…
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KNR Constructions Soars, ISGEC Sinks, Lemon Tree Blossoms
KNR Constructions: KNR Constructions Stock Soars 7% on Strong Q4 Results The KNR Constructions reported 140% YoY profit to Rs.353…
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SNB’s Jordan Warns of Inflation Risks Amid Weak Swiss Franc
SNB's Jordan Warns of Inflation Risks The SNB Chairman Thomas Jordan said Small risks to inflation to rise and we…
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Top 10 Forex News and Analysis – May’29, 2024
XAUUSD is moving in the Box pattern and the market has fallen from the resistance area of the pattern [post_poll…
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Adani Enterprises, Aster DM, and IRCTC Stocks Plunge Amid Market Reactions
IRCTC: IRCTC Stock Drops 5% on Weak Q4 Results; 'Hold' Rating Retained The IRCTC reported 2% net profit up as…
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Australia’s CPI Inflation Climbs to 3.6%, Exceeds Forecast
AUD: Australia's April CPI Inflation Hits 3.6% YoY, Beats 3.4% Forecast The Australian Consumer Price Index (CPI) data for April…
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Significant Rise in US Consumer Confidence Indicates Renewed Optimism in May
USD: US Consumer Confidence Rebounds in May In May, the US Consumer Confidence data showed a reading of 102.0, a…
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Top 10 Forex News and Analysis – May’28, 2024
GBPUSD is moving in the Symmetrical triangle pattern and the market has reached the top area of the pattern [post_poll…
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VA TECH WABAG Contract Win, GMDCLTD Shares Fall, Timken India Surges
VA TECH WABAG: Va Tech Wabag Shares Rise on Rs 85 Crore Contract Win The VA TECH WABAG acquired order…
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Yen Strengthens as Japan’s Service PPI Hits a 9-Year High
JPY: Yen Rises as Japan's Services PPI Hits 9-Year High The Japan Service PPI index came at 2.8% in the…
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ECB Confirms June Rate Cut Due to Moderating Wage Pressures
EURO: Lane from ECB: Wage Pressures Moderated Since 2023 The ECB Chief Economist Philip Lane said rates are too late…