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SHANGHAI (Reuters) - China surprised markets by cutting a series of key short- and long-term interest rates on Monday in a bid to boost growth in the world's second-largest economy. Analysts said the move showed that the yuan, which has…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

The USD/CAD pair rose during the North American session following weaker-than-expected retail sales earlier today. This, coupled with weaker CPI data earlier this week, paves the way for a Bank of Canada interest rate cut next week…

The People's Bank of China announced key interest rates for one-year and five-year loans on Monday,The announcement is usually on the 20th of the month, but since that day is Saturday, it will be on Monday instead. Earlier this week, we…

The Shiba Inu burn rate has seen a significant recovery over the past day as the number of tokens sent to the burn address has increased significantly. This recovery comes at a time when the cryptocurrency market has started to…

Australia's seasonally adjusted unemployment rate rose to 4.1% from 4.0% in June, Australian Bureau of Statistics data showed.However, the details of the report mostly pointed to a strengthening labor market during the month: labor…

(Reuters) - European shares opened higher on Thursday, led by energy shares, while investors also awaited the European Central Bank's interest rate decision, due later in the day. Qatar's main index rose 0.2% at 0711 GMT and was on track…

UBS revised its exchange rate forecasts, citing a lack of strength in the US dollar despite expectations that some political events would support it. Contrary to these expectations, gold and bitcoin prices rose, but not the US dollar.…

As widely expected, UK annual inflation has decided to take a breather this summer, with the consumer price index (CPI) growth rate remaining unchanged at 2.0% year-on-year in June 2024, according to the latest figures from the Office…

The new government must address the 55% effective tax rate on Universal Credit recipients if it aims to reduce unemployment. This is what Robert Salter, technical director at tax and audit consultancy Blake Rothenberg, pointed out,…