Moderate Inflation in Chile and Peso’s Appreciation
“The Chilean peso is appreciating relatively amid mixed signals from the domestic economy and relevant external factors. The recent drop in the Consumer Price Index (CPI), which contracted...
Mexican Peso Under Pressure Amid Weak Trade Data and US Economic Strength
“The Mexican Peso weakened against the US Dollar following disappointing domestic economic data. In January, Mexico’s trade balance recorded a deficit of USD 4.558 bn,...
Mexican Peso Starts the Week Under Pressure Again
“The Mexican peso begins the week with a depreciation against the U.S. dollar, surpassing the 20.6 pesos per unit threshold. This pressure is attributed to a combination of internal...
Canadian Dollar Gains Amid Strong Trade Data and Hopes of Easing Trading Tensions
“The Canadian Dollar extended its gains against the US Dollar, driven by both internal and external factors. Domestically, December's trade balance showed a significant improvement,...
USD/JPY : Touching Its Highest Levels Amid Central Bank Policy Divergence
The USD/JPY pair fell during morning trading on Thursday to the 160.4 area, after retracing from its highest level since 1986, amid significant interest...
Global Economy – Consumer Confidence Lags Despite Economic Rebound in Rich Nations
Even as many advanced economies have returned to growth after the pandemic, consumer confidence levels remain subdued and below pre-COVID levels. According to OECD...
Bitcoin is halving again – what does that mean ?
Bitcoin, the largest and most talked about digital asset, has been on a rollercoaster of a ride since its launch in January 2009. With...
SEC wants $2bn from Ripple Labs over sales of crypto tokens
The US Securities and Exchange Commission (SEC) is pursuing $2 billion in penalties from Ripple Labs following a US federal court ruling that found...
Japan increases intervention warnings as yen slides to weakest level since 1990
The Japanese yen plummeted against the U.S. dollar on Wednesday, pushing the currency perilously close to its lowest level in over three decades and...
UBS to sell $8bn of loans to Apollo
UBS has reached an agreement to offload $8 billion worth of loans to private capital group Apollo, marking a strategic move as it continues...
Why India’s stock market is booming
India’s stock market is booming as investors take a chance on one of the few bright spots in a fragile global economy.
The country’s stocks are...
More slumps in China Economy to Stall US Stocks
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong’s equity markets have flirted with bear territory as a result.
That’s...
