BofA notes a record high in long positions on USD vs. EM currencies
Bank of America (BofA) analysts indicated that the prevailing bearish sentiment on Eastern Europe, Middle East, and Africa (EEMEA) foreign exchange (FX) is nearing its peak, particularly noting an exception…
European natural-gas prices hit year’s peak due to Texas freeze and EU cold snap
Investing.com — European natural-gas prices have surged back to 50 euros per megawatt-hour, marking the highest level since the first trading day of the year. This price hike is attributed…
Mexico Prepares to Retaliate Against Trump’s Tariffs. Forecast as of 22.01.2025
Donald Trump is threatening his neighbors, Mexico and Canada, with tariffs starting February 1. Will they be imposed, or is this part of his negotiating strategy? Let’s discuss this topic…
Economic Calendar for the Week 27.01.2025 – 02.02.2025
Donald Trump, who took office as the US president last week, made his first decrees that left market participants feeling discouraged. His executive order imposing a 25% import duty on…
Dollar edges lower on tariff uncertainty; sterling remains weak
Investing.com – The US dollar drifted lower Wednesday amid uncertainty over President Donald Trump’s plans for tariffs, while sterling fell on disappointing government borrowing data. At 04:45 ET (09:45 GMT),…
Trading 212 Taps Marqeta to Launch Debit Card in 20 European Countries
United Kingdom-based Trading 212, the retail trading platform, has partnered with Marqeta to introduce its debit card in 20 countries across continental Europe. Trading 212 Launches Debit Card in Europe…
India’s budget likely to raise major subsidies by 8% to $47 billion in next fiscal
By Sarita Chaganti Singh and Mayank Bhardwaj NEW DELHI (Reuters) – India is likely to raise spending on food, fertiliser, and cooking gas subsidies to 4.1 trillion rupees ($47.41 billion)…
State Street Taps Neo-Broker BUX to Expand $4.7 Trillion ETF Reach
The European neo-broker BUX, recently acquired by ABN AMRO, announced a strategic partnership with State Street Global Advisors (SSGA) today (Wednesday) to expand its investment offerings through SPDR ETFs for…
Dow Jones Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond
The Dow Jones Industrial Average (DJIA) index is a crucial indicator of the US economy and the global stock market. Evaluating and forecasting its performance is essential for investors, traders,…
XTX Markets Plans €1 Billion Data Center Push in Finnish Arctic
Billionaire quant trader Alex Gerko’s XTX Markets unveiled plans today (Wednesday) for a €1 billion investment in Finland, marking one of the largest data center developments in the Nordic region.…
