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Economics

UK GDP rises by 0.3% MoM in November vs. 0.1% expected
The UK economy grew in November, with the Gross Domestic Product (GDP) rising by 0.3% following a 0.1% drop reported in October,…
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Economics

Saudi Arabia’s Inflation Rises Less Than Expected
The annual inflation rate in Saudi Arabia rose to 2.1% in December from 1.9% in November, slightly below market expectations…
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Energies

Coal Firms on Solid Demand Prospects
Coal prices rose toward $110 per ton, climbing toward one-month highs as China prepares to launch more than 100 coal-fired…
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Markets

Aussie Shares Hit 2-Month High as Miners Rally
The S&P/ASX 200 finished 0.5% higher at 8,862 on Thursday, hitting its highest level since November 3, as broad-based gains…
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Forex

USD/CAD steadies near 1.3900 as strong US data supports Fed pause
USD/CAD holds steady as strong US data bolsters expectations that the Fed will keep rates on hold. US Retail Sales…
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Forex

GBP/USD Price Forecast: Eyes nine-day EMA barrier near 1.3450
GBP/USD could find the immediate resistance at the nine-day EMA of 1.3446. The 14-day Relative Strength Index is at 51,…
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Forex

USD/JPY Price Forecast: Takaichi’s trade caps Yen’s upside
USD/JPY trades sideways around 158.50 as both the US Dollar and the Japanese Yen trade firmly. The Yen gains ground…
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Forex

EUR/USD weakens below 1.1650 as strong US data boosts Fed hold outlook
EUR/USD weakens as strong US data lift expectations that the Fed will hold rates. US Retail Sales rose 0.6% to…
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Forex

USD/CHF trades firmly near 0.8000 as Fed to keep interest rates steady this month
USD/CHF clings to gains near 0.8000 as investors expect the Fed to hold interest rates steady in the January policy…
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Forex

EUR/JPY Price Forecast: Keeps bullish vibe above 100-day EMA
EUR/JPY softens to around 184.50 in Thursday’s early European session. The positive outlook of the cross remains intact above the…
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