Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
Michele Bullock, the governor of the Reserve Bank of Australia (RBA), addressed the factors influencing Australia’s economy, emphasizing consumer spending and China’s slowdown over government expenditure. Her insights shed light on the economic trajectory and its implications for traders. The… Read More »AUD Rises After Hawkish RBA Policy
A bull flag pattern is a bullish continuation signal in technical analysis, marked by an initial steep price rise called the flagpole, followed by a period of consolidation within parallel downward-sloping trendlines. During this consolidation, volume usually decreases. Upon breaking… Read More »What Is a Bull Flag Pattern
The latest UK inflation report has revealed a rise to 2.2% in July, the first increase since December last year, capturing the attention of traders who are bracing for the upcoming US inflation report. These critical economic indicators are set… Read More »UK Inflation Rises; US CPI Report Ahead
Traders are closely monitoring the upcoming release of the US Producer Price Index (PPI) data, expected later today. This report will provide crucial insights into wholesale inflation trends and their potential impact on the broader economy. The data is highly… Read More »Anticipation Builds for US PPI Data Release
As we navigate through another pivotal week in global markets, traders and investors are gearing up for a slew of key economic reports and central bank decisions that are set to shape the market landscape. This week, the spotlight is… Read More »Dollar and Pound in the Spotlight: Traders Brace for Inflation Data Impact
To buy Bitcoin on the eToro app, you’ll first need to set up and verify your account with some government ID and proof of address. Once you’ve completed this step, fund your eToro wallet using a credit card, bank transfer,… Read More »Beginner’s Guide: How to Buy Bitcoin on Etoro App
Bitcoin price surged on Friday, tracking gains in broader risk-driven markets as encouraging U.S. labor market data helped ease fears of an imminent recession. Altcoin prices also saw a rally, contributing to the buoyant mood in the cryptocurrency market. Bitcoin… Read More »Bitcoin Price Recovers After a Bearish Phase
August 8, 2024 – Gold prices have surged above the $2,400 mark, driven by escalating tensions in the Middle East and the prevailing strength of the U.S. dollar (USD). As of the early American session, Gold (XAU/USD) has managed to… Read More »Gold Prices Surge Above $2,400 Amid Middle East Tensions and Strong USD Dynamics
The week began with a dramatic plunge in the stock markets, as Japan’s Nikkei index tumbled to its lowest level since 1987. This drastic decline was triggered by the Bank of Japan’s decision to raise interest rates, causing ripples across… Read More »Stocks Rebound Following Days of Bearish Market Trend
Early Tuesday saw the Reserve Bank of Australia (RBA) maintain its current interest rate of 4.35%, a level it has held steady for six consecutive meetings. The central bank’s decision arrives amidst expectations of a slow reduction in core inflation,… Read More »RBA Holds Rates Steady at 4.35%