GBP/USD holds ground above 1.2650 following mixed UK data, US Retail sales eyed – FXStreet
GBP/USD remains stable after mixed GDP and industry data released by the UK. UK GDP expanded by 1.0% in the third quarter, faster than the 0.7% growth in the second quarter. UK industrial and manufacturing production fell by 0.5% and 1.0% respectively in September. GBP/USD snapped a five-day losing streak and was trading around 1.2680 […]
Japanese Yen continues losing streak following Q3 GDP data – FXStreet
The yen continues to weaken due to the stagnation of domestic economic activity. Japan's GDP growth rate in the third quarter was 0.9% annually, slowing from the 2.2% growth recorded in the second quarter. Japan's Kato said he would take appropriate action to address excessive fluctuations in exchange rates. The Japanese yen (JPY) extended its […]
ETF flows on track to hit record above $1 trillion by year-end, VettaFi data shows – CNBC
Investors poured more than $915 billion into exchange-traded funds in 2024 as of Wednesday, setting a new record, according to VettaFi. With the election providing a new impetus, inflows are expected to reach the $1 trillion milestone by the end of the year, the company said. “Demand for ETFs and usage of ETFs has accelerated […]
New York Fed data shows credit card debt hit another record
Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers are racking up credit card debt amid a surge in spending. Americans' credit card debt continues to rise, hitting a new record at the end of September, according to a new report from the New York Fed. Total credit card debt […]
Stock futures are little changed as traders assess state of postelection rally, new inflation data: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on November 12, 2024 in New York City. Source: New York Stock Exchange U.S. stocks were flat on Wednesday as investors looked to continue the post-election bull market after a major inflation report matched expectations. of Dow Jones Industrial Average It rose by 72 […]
Forex Today: US CPI inflation data and Fedspeak set to stir markets – FXStreet
Here's what you need to know on Wednesday, November 13th. Broad market gains inspired by President Trump's trade came early Wednesday morning as focus shifted back to economic data ahead of the all-important U.S. Consumer Price Index (CPI) report due to be released in U.S. trading. I took a breather. The U.S. dollar (USD), along […]
Asia stocks dip as Trump rally cools, CPI data looms – Investing.com
Investing.com — Most Asian stocks fell on Wednesday, tracking losses on Wall Street as the post-election bull market appears to be subsiding, while expectations for key U.S. inflation data are also at risk. It spurred evasion. The internal market remains under pressure after China's new fiscal measures have largely disappointed, while uncertainty about what Donald […]
FACT CHECK: Does a Michigan Data Report Show Election Fraud Through Multiple Votes by a Single Voter?
A social media post claims that Michigan voters have been recorded voting 29 times in the 2024 election. Yesterday, after reviewing the Qualified Voter File (QVF) for votes actually cast as of October 29, 2024, the database shows that 114,545 Michiganders have cast 279,113 votes from multiple addresses in the state. We identified state voters. […]
US Dollar Forecast: Fed Speeches and Strong Data Drive Dollar Strength; Gold, GBP/USD and EUR/USD Outlook – FX Empire
GBP/USD price chart – Source: TradingviewGBP/USD is trading 0.37% lower at $1.28213 as it remains under pressure below its pivot point at $1.28463. This level has recently served as a breakout point and is now serving as an important pivot. Below that, the pair is likely to remain in a bearish trend. Immediate support lies […]
Election Data Reveals Chicago’s Most Trump-Supporting Wards
One of Chicago's dark blue 50 wards, where many votes were cast for President-elect Donald Trump in 2024, is home to the highest concentration of voters who supported the Republican presidential candidate on Election Day. It wasn't just that. The 41st Ward on Chicago's Upper West Side has become a veritable MAGA district after a […]