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UK public inflation expectations rose higher to start the new year
<p>The survey shows that public expectations for inflation in the next 12 months rose to 3.9% in January. That is up from 3.5% in the December survey, pretty much erasing the drop in the month before. The increase is due to worries about shipping disruptions, considering the Red Sea situation.</p><p>Meanwhile, long-term inflation
Time for the Magnificent Seven to step up to the plate?
<p>In the past year, shares of Meta, Amazon, Apple, Nvidia, Alphabet, Microsoft, and Tesla have collectively soared more than 96%, leaving the 22.7% growth of the S&P 500 in the dust. </p><p>Such impressive performance cannot continue forever unless these companies make another meaningful discovery (such as developing anot
The rout in Chinese equities stays the course as last week's rebound gets faded
<p>The rebound last week was largely due to speculation of a supposed ¥1 trillion rescue package for the stock market. Instead, it ended up being a <a href="https://www.forexlive.com/centralbank/pboc-to-cut-reserve-requirement-ratio-from-5-february-20240124/" target="_blank" rel="follow">50 bps RRR cut</
Dollar mostly little changed ahead of European trading
<p>The changes among major currencies are relatively light as we look towards European trading today. The aussie is a slight mover, building on the stark rebound yesterday in US trading. Of note, AUD/USD bounced off its December low and 100-day moving average at 0.6525-30 but is now trading back to its previous consolidation zone near [&helli
Non-farm payrolls in the spotlight but there are other things brewing in markets
<p>It is NFP Friday in markets and that tends to steal the focus more often than not. While the spotlight is shining on the jobs data, it may well take a backseat in the aftermath before the weekend comes along. That is because the enigma in markets this week is the strong bid in Treasuries.</p><p>It […]
ForexLive Asia-Pacific FX news wrap: AUD and NZD follow on higher
<ul><li><a href="https://www.forexlive.com/news/north-korea-has-fired-several-cruise-missiles-off-its-west-coast-20240202/">North Korea has fired several cruise missiles off its west coast</a></li><li><a href="https://www.forexlive.com/Cryptocurrency/a-forecast-for-bitcoin-to-hit-500k-after-apri
North Korea has fired several cruise missiles off its west coast
<p>South Korea's Joint Chiefs of Staff (JCS) info via media outlets in South Korea (Yonhap)</p><p>This brings the number of North Korean cruise missile launches this year to 4, and we are only just out of January. </p><p>Provocations from North Korea used to be met with USD and JPY buying. But such stirring of the
A forecast for Bitcoin to hit $500K after April's halving, then $5mn by 2032
<p>There are a bazillion crypto/BTC forecasts about, 99.9% for much higher, of course (it's a bit of a wild unregulated market).</p><p>Near term forecasts focus on the upcoming 'halving':</p><ul><li>Halving happens every four years for bitcoin its when crypto miners' reward is cut in half to c
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Evolution AB (publ) Investors to Secure Counsel Before Important Deadline in Securities Class Action – EVVTY
<p>NEW YORK, Feb.</p> <p>The post <a href="https://forextv.com/top-news/rosen-a-trusted-and-leading-law-firm-encourages-evolution-ab-publ-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-evvty/">ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Evolution AB (publ) Investors to Secure