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.
Bitcoin has surpassed the $93,000 mark, signaling a significant upswing after weeks of fluctuating market dynamics. This dramatic price increase has been driven by a combination of political developments, institutional interest, and market sentiment. With the U.S.-China trade war softening… Read More »Bitcoin Surges Past $93K Amid Market Optimism
Gold prices have surged to an unprecedented level, breaching the $3,400 mark per ounce. This historic rise comes amidst escalating global uncertainties. A weakening U.S. dollar, heightened trade tensions between the United States and China, and a strained relationship between… Read More »Gold Prices Breach $3400 Amid Dollar Weakness and Global Economic Concerns
This week, the global financial markets are bracing for heightened volatility amid critical economic data releases, central bank decisions, and first-quarter corporate earnings reports. Investors are also parsing through the implications of escalating U.S.-China trade tensions and tariff measures while… Read More »Market Uncertainty Looms Ahead of Powell Speech and Retail Sales Report
Financial markets faced a tumultuous week, driven by escalating geopolitical and economic tensions. The combination of a disappointing market response to JOLTS and NFP data, Federal Reserve Chair Jerome Powell’s cautionary outlook, and newly imposed tariffs drastically intensified negative investor… Read More »Stock Market Faces Massive Sell-Off Amid Trump Tariff Tensions
The United States has implemented sweeping trade tariffs aimed at rebalancing global trade dynamics under President Donald Trump’s administration. These tariffs, as part of the “America First” policy, include a universal 10% levy and significantly higher rates for key trading… Read More »Trump Tarrifs Trigger Global Trade Tensions
The market outlook is set to focus on key events shaping economic sentiment and financial movements in the coming days. The JOLTS Job Openings report provides crucial insights into U.S. labor market dynamics, while the Non-Farm Payroll data will shed… Read More »Market Outlook: Focus JOLTS, Non-Farm Payroll and Powell Speech
The week ending March 28, 2025, showcased turbulent times for U.S. markets. Key indices faced significant losses as investors digested inflation data from the PCE Price Index and braced for the economic impact of tariffs on car imports taking effect… Read More »Stock Market Faces Turbulent Times Amid Inflation Fears and Trump Tariff Tensions
Gold has seen a significant surge this week, trading above $3,070 per ounce. This increase reflects growing market unease due to geopolitical tensions in the Middle East and U.S. trade policies. Investors now focus on the Personal Consumption Expenditures (PCE)… Read More »Gold Price Surges Ahead of PCE Price Index Today Amid Trump Tariffs Tensions
Australia’s inflation rate slowed to 2.4% in February 2025, marking a decline from January’s 2.5%. The softening places inflation within the Reserve Bank of Australia’s (RBA) 2-3% target range, ahead of an anticipated policy decision. Meanwhile, the United Kingdom awaits… Read More »Australia’s Inflation Softens Ahead of RBA Rate Decision, UK CPI Expected at 3%
The week saw a welcome rebound for the U.S. stock market, halting weeks of consistent declines. Key indexes, including the Dow Jones, S&P 500, and Nasdaq, posted gains, albeit modest. This recovery was driven by the Federal Reserve’s decision to… Read More »Stock Market Recovers Amid Fed Decision and Big Tech Rally