Category Archives: Market News (New)

Industrial Growth in India Decelerated to 5.8% in September, Marking a Three-Month Low Compared to 10.3% in August In the realm of economic fluctuations, India stands as a significant player, showcasing its industrial prowess amidst a landscape shaped by various factors. Recent statistical revelations have illuminated the nuances of the country’s industrial growth, marking a […]

Understanding the South Korean Currency Dynamics and Market Interventions In the global financial landscape, the South Korean Won (KRW) has showcased a narrative of resilience and volatility in recent months, reflecting the intricate interplay of global economic forces and local regulatory interventions. Let’s delve into the multifaceted factors contributing to the EBB and flow of […]

Inflation Rate Remains Unchanged at 1.7% Switzerland stands out as a beacon of stability and resilience. In October 2023, the annual inflation rate in Switzerland remained steady at 1.7%, meeting market predictions. There was a 0.1% increase in the Consumer Price Index (CPI) compared to the previous month, reversing a 0.1% decline. Several factors contributed […]

Singapore’s Manufacturing Sector: A Resilient Recovery and Soaring Confidence In the ever-evolving landscape of Singapore’s manufacturing sector, the latest data paints a promising picture of recovery and growth. The Purchasing Managers’ Index (PMI) for October 2023 inched up slightly to 50.2, marking the second consecutive month above the pivotal 50-point threshold. This upward trend signals […]

CAD Bounced, But Appreciation Capped  The Canadian dollar has strengthened to 1.37 per USD, bouncing back strongly from the one-year low of 1.39 reached on November 1st. This recovery was strengthened by a general retreat in the DXY index, as weak economic data from the US reinforced the Federal Reserve’s indications that they may hold […]

The Impact of BOE and FED Decisions on the British Pound and Economy The British pound has seen a remarkable resurgence in recent times, climbing above the $1.23 mark against the US dollar. This is the highest level for the pound since mid-October 2022. The rise can be attributed to key decisions and outlooks from […]

The Bright Outlook for US Stocks: A Market Analysis In November 2023, the US stock market witnessed a significant upswing, reinforcing expectations of an end to the era of rate hikes. The Dow Jones index soared by more than 560 points on November 2nd, marking its most remarkable daily gain since June. Simultaneously, the S&P […]

The Impact of FED’s Decision and ISM Manufacturing PMI in November 2023 In November 2023, the Federal Reserve (FED) once again held its rates unchanged, marking the second consecutive time for such a decision. Investors and financial experts alike anticipated and conjectured about this FED move. In addition, the Manufacturing Purchasing Managers Index (PMI) for […]

The Bitcoin ETF Hype In October, cryptocurrency prices increased significantly, especially for bitcoin. Bitcoin had its biggest monthly hike since January. Investors were excited about the possibility that bitcoin exchange-traded funds (ETFs) may soon be approved in the United States. ETF offers easy and affordable access for the average investor as compared to investing in […]