News

Sweden Faces a 0.1% GDP Slump Amid Economic Woes

Key Points Sweden's economy contracted by 0.1% in Q1 2024, defying the expected 0.2% growth. March saw a 0.4% drop…

7 days ago

The S&P 500 Ends Downturn, Up 2.7% This Week

Key Points: S&P 500 achieved its best weekly performance since November, rising 2.7% and reversing previous downturns. 80% of S&P…

7 days ago

EUR/USD Climbs to 1.0710 Amid Dollar Weakness

Key Points EUR/USD is trading at 1.0710, boosted by a dip in the US Dollar Index below 106.00. Fed is…

7 days ago

Oil Prices Drop: Brent at $88.55, WTI at $83.01

Key Points Oil prices declined as Brent crude and WTI futures fell, erasing gains from the previous Friday. Israel-Hamas talks…

7 days ago

GBP/USD Rises to 1.2520 as USD Falls Under 106.00

Key Points GBP/USD stands at 1.2520, boosted by a weaker US Dollar under 106.00. Fed's steady rates expected: No change…

7 days ago

Japanese Yen Hit Historic Low of 160.00 Since 1986

Key Points: Japanese Yen Hits Historic Low: Plunged below 160.00 against USD, weakest since 1986, amid BoJ's unchanged rate policy.…

7 days ago

US Economy Growth Slows to 1.6% in First Quarter

Key Points: US economy growth slowed to 1.6% in Q1, below the expected 2.4%. Consumer spending growth tapered, but business…

1 week ago

Microsoft Revenue Hits $61.9B, Up 17% Year-Over-Year

Key Points: Microsoft's რevenue surged to $61.9 billion, a 17% increase driven by robust sales in all business segments. Notable…

1 week ago

Oil Prices Up: Brent Gains 2%, WTI Increases 0.5%

Key Points Oil Prices rose, Brent crude oil reached $89.32 per barrel, up 2%, and WTI at $83.86, up 0.5%.…

1 week ago

GBP/USD Drops to 1.2502 Amid Economic Turmoil

Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…

1 week ago

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