Fundamental Analysis Category

Iran and Russia to Conduct Trade Using Own Currencies, Bypassing US Dollar – Reports by State Media Iran and Russia have reached a significant milestone in their economic partnership by agreeing to conduct trade transactions using their respective local currencies, thereby sidelining the US dollar. This strategic move, confirmed by Iranian state media, was solidified

Japanese Yen Reaches New Daily High Versus USD, BoJ Stance May Limit Rise On Wednesday, the Japanese Yen (JPY) exhibited a notable upswing, securing a new daily zenith against the US Dollar (USD), in a modest comeback from its substantial depreciation observed in the preceding three days. During the early European trading hours, the USD/JPY

China’s Central Bank Restarts 14-Day Reverse Repos to Ease Year-End Liquidity After a three-month hiatus, the People’s Bank of China (PBOC) has recommenced its practice of injecting short-term cash into the financial system via 14-day reverse repurchase agreements (reverse repos). This move, enacted on Monday, is part of a broader strategy to manage the surging

UK Consumer Sentiment Hits Near Two-Year Peak In the closing month of the year, the UK’s consumer confidence has shown a slight uptick, indicating a modest shift in public sentiment despite ongoing economic challenges. In December, analysis from market research firm GfK Ltd. identified a rise in consumer sentiment, marking the highest point since the

Japan Approves Tax Reductions to Aid Families, Combat Deflation In Japan, the government’s tax reform committee, part of the ruling Liberal Democratic Party, has reached a consensus on reducing income tax rates. This move is designed to alleviate the financial strain on households amidst the rising costs of living, signaling a shift from the longstanding