The EUR/USD declined by 0.47% in the week ending January 19, closing the week at $1.08971. US economic indicators and Fed speakers sank bets on a March Fed rate cut. Private sector PMIs, US inflation ...
The DAX slid by 1.38% on Wednesday. Reversing a 0.11% gain from Tuesday, the DAX ended the Wednesday session at 16,538. On Wednesday, the German labor market was in focus. The German unemployment rate ...
Takeaway: The release was a strong one, as anticipated. PMIs are diffusion indexes. Readings above 50 indicate month-to-month expansion while readings under 50 indicate contraction. Today, we had the ...
Forbes contributors publish independent expert analyses and insights. I am the CIO of KraneShares, a China-focused ETF provider. Asian equities were mostly higher overnight. Internet and growth stocks ...