GDP

Jeffrey Gundlach, Billionaire ‘Bond King’, Forecasts Significant Rate Cuts by the Fed in the Near Future

Jeffrey Gundlach, the billionaire bond king and CEO of DoubleLine Capital, has recently made headlines with his prediction of significant rate cuts by the Federal Reserve in the near future. Gundlach is known for his accurate predictions in the bond market, and his latest forecast has caught the attention of investors and economists alike.Gundlach's prediction comes at a time when the US economy is showing signs of slowing down. The ongoing trade war with China, coupled with weaker global growth and geopolitical tensions, has led to concerns about a potential

GBP/USD: Bullish Extension Expected as Pound Sterling Price Rises – Latest News and Forecast

The GBP/USD currency pair has been on an upward trend in recent weeks, with the pound sterling price rising against the US dollar. This bullish extension is expected to continue in the coming weeks, as economic data and political developments in the UK and US support the pound's strength.One of the key drivers of the pound's rise has been the UK's successful vaccine rollout, which has boosted investor confidence in the country's economic recovery. The UK government has set a target of vaccinating all adults by the end of July,

USD/INR aims for multi-tested resistance at 83.00 as it awaits the Fed’s decision.

The USD/INR currency pair has been on a steady rise over the past few weeks, with the pair currently trading near multi-tested resistance at 83.00. This level has been tested multiple times in the past, but has yet to be broken. As the market awaits the Federal Reserve's decision on interest rates, the USD/INR pair is likely to remain volatile.The USD/INR currency pair is the exchange rate between the US dollar and the Indian rupee. The Indian rupee is the official currency of India, while the US dollar is the

USD/INR aims for multi-tested resistance at 83.00 and anticipates Fed’s verdict.

The USD/INR currency pair has been on a rollercoaster ride in recent months, with the Indian rupee gaining strength against the US dollar. However, the pair is now eyeing multi-tested resistance at 83.00, which could prove to be a crucial level for its future direction.The Indian rupee has been one of the best-performing emerging market currencies in 2021, thanks to a combination of factors such as a strong economic recovery, a decline in COVID-19 cases, and a surge in foreign investment inflows. This has led to a rally in the

European Union’s Green Deal Industrial Plan for Achieving Net-Zero Carbon Emissions

The European Union (EU) has recently unveiled its ambitious Green Deal Industrial Plan, which aims to achieve net-zero carbon emissions by 2050. The plan is a comprehensive package of measures designed to reduce emissions from industrial sectors, such as energy, transport, and manufacturing. It also seeks to promote the development of clean energy sources, such as renewable energy and hydrogen.The plan sets out a number of targets for the EU to reach by 2030. These include a 40% reduction in greenhouse gas emissions from 1990 levels, a 32.5% increase in

EUR/USD Price Analysis: Bullish Outlook Targets 1.0800 and Higher

The EUR/USD currency pair is one of the most widely traded pairs in the world, and its price movements can have a significant impact on the global economy. Recently, the pair has been trading in a bullish trend, with analysts predicting further gains in the near future. In this article, we will take a look at the recent price action of the EUR/USD and discuss the potential for further gains in the coming weeks. The EUR/USD has been trading in a strong uptrend since early April, with prices rising from

The Impact of SVB’s Completion on Canada’s Tech Sector

The recent completion of the SoftBank Vision Fund's $2.2 billion investment into the Canadian tech sector has been a major boon for the industry. This investment is the largest venture capital investment in Canadian history and has had a major impact on the country's tech sector.The SoftBank Vision Fund is a venture capital fund created by Japanese tech giant SoftBank, and it is one of the largest venture capital funds in the world. The fund invests in technology companies around the world, including those in Canada. The fund's investment into

US Dollar/Mexican Peso Exchange Rate Rises Despite Risk Aversion Following Mixed US Non-Farm Payroll Data

The US dollar/Mexican peso exchange rate rose despite risk aversion following mixed US non-farm payroll data. This is a significant development, as it suggests that the Mexican peso is becoming increasingly attractive to investors despite the uncertainty surrounding US economic growth.The US non-farm payroll data, which measures the number of jobs added or lost in the US economy, was released on Friday. The data showed that the US economy added only 103,000 jobs in June, far below expectations of 175,000. This was the weakest reading since September 2017 and raised

Wells Fargo: Investing Strategy for a Slowing Downward Trend

Wells Fargo is one of the largest banks in the United States, and as such, it has a lot of influence on the economy. As the economy has been slowing down in recent years, it has become increasingly important for investors to have a strategy to protect their investments in Wells Fargo. In this article, we will discuss some of the strategies that investors can use to protect their investments in Wells Fargo during a slowing downward trend.First, it is important to understand the current economic climate. The U.S. economy

US Dollar-Japanese Yen Exchange Rate Fluctuating Ahead of Federal Reserve Chair Jerome Powell’s Speech

The US dollar-Japanese yen exchange rate has been fluctuating ahead of Federal Reserve Chair Jerome Powell's upcoming speech. This speech, scheduled for later this week, is expected to provide insight into the Federal Reserve's plans for the US economy. As such, investors and traders are closely watching the exchange rate between the two currencies in anticipation of what Powell may say. The US dollar-Japanese yen exchange rate has been on a downward trend since the beginning of the year, with the US dollar weakening against the yen. This is largely

Exploring Sustainable Solutions and Disruptive Technologies for the Future of Arab Aviation at the Arab Aviation Summit

The Arab Aviation Summit is an annual event that brings together the leaders of the aviation industry in the Arab world to discuss the current and future trends in the industry. This year, the focus of the summit is on exploring sustainable solutions and disruptive technologies for the future of Arab aviation.The aviation industry is one of the most important industries in the Arab world, accounting for a significant portion of the region’s GDP. As such, it is essential that the industry continues to develop and innovate in order to

EUR/USD Exchange Rate Climbs to 1.0600, Boosted by Weakening US Dollar

The EUR/USD exchange rate has recently climbed to 1.0600, boosted by a weakening US dollar. This is the highest level the exchange rate has been since June 2018 and is a sign of the US dollar’s declining strength.The US dollar has been on a downward trend for some time now, with the US Federal Reserve’s decision to keep interest rates low and the US-China trade war continuing to weigh on the currency. This has caused investors to seek out other currencies as a safe haven, with the euro being one