The Swiss franc is a currency that owes its popularity to its noteworthy stability for many years. Backed by one of the most resilient economies in Europe, perhaps even in the world, the Swiss franc is considered by some as a safe haven in times of economic turmoil. Last week, the Swiss National Bank (SNB) surprised economists by lowering interest rates unexpectedly. As most major central banks around the world still debate reducing borrowing costs, the SNB’s policymakers decided to move ahead with relaxing the central bank’s monetary policy. In this article, we will share more information on ..read more

The week is relatively light in terms of financial data releases, when compared to previous ones, as Easter holidays will put some markets on hold on Good Friday. The Tokyo CPI report and some GDP data from the US and the UK will likely draw analysts’ attention before going to enjoy the long weekend. On Wednesday morning, the Japanese yen dropped to the lowest level recorded against the US dollar since 1990, although the Bank of Japan raised interest rates last week. Japan’s finance minister, Shun'ichi Suzuki, said that the government closely monitors the situation and stressed that decisive ..read more

While shares in Nike performed well during and after the pandemic, the stock is now down around 50% from its all-time high recorded in November 2021. In fact, its share price has ended lower for the past two consecutive years.   The sports retailer and apparel company just announced its fiscal third-quarter 2024 earnings report. Learn more about Nike’s performance and what analysts are forecasting for the stock below. Stock: Nike Inc Symbol for Invest.MT5 Account: NKE Date of Idea: 26 March 2024 Time Line: 1 - 6 months Entry Level: $103.00 Target Level: $130.00 Positi ..read more

The Bank of Japan (BoJ) and the Japanese yen were closely connected with negative interest rates and yield curve control policy in the last few years. Aging population, deflationary pressures, and global economic shifts forced the Japanese government to implement various measures to stimulate growth, including monetary easing policies and structural reforms. However, last week, the central bank of Japan and its Governor, Kazuo Ueda, altered its monetary policy , lifting borrowing costs. Economists expected the change of guard in BoJ’s leadership to affect the bank’s policy, but some believed ..read more

The UK economy has gone through a rough patch in the last months, hit by high inflation figures, high interest rates and anaemic growth. Despite difficulties, according to Forbes, the UK has the sixth largest economy in the world following the much larger India. This year is expected to be quite challenging for the British economy and the UK pound as it will likely try to return to the path of growth and gain ground in the competition against other major economies. By reading this article, you will learn more details about the economic conditions in the UK and what economists forecast regardi ..read more

Adobe is a multinational software company whose products include Adobe Acrobat, Experience Cloud, Photoshop, Lightroom, Illustrator and its new AI Sensei, among others.    The tech company just announced its fiscal first-quarter 2024 earnings report. Learn more about Adobe’s performance and what analysts are forecasting for the stock below. Stock: Adobe Inc Symbol for Invest.MT5 Account: Adobe Date of Idea: 19 March 2024 Time Line: 1 - 6 months Entry Level: $580.00 Target Level: $700.00 Position Size for Invest.MT5 Account: Max 5% Risk: High The Invest ..read more

The UK’s economy seems to be returning to the path of growth as a report by the Office for National Statistics (ONS) showed that it expanded in January. In the US, February’s CPI inflation figure was higher than anticipated backing up Fed policymakers' narrative about having to see strong indications that the economy slows down before moving forward with interest rate cuts. Table of Contents UK GDP Expands In January US CPI Rises In February ECB Board Members Talk About Interest Rates OPEC: Strong Growth In Global Oil Demand In 2024 And 2025 UK GDP Expands In January A report by the ONS re ..read more

The US CPI inflation report will be the focus of attention for investors and traders as it is expected to provide some clarity on how consumer prices fluctuated in February. Some economists suggest that the Federal Reserve could cut interest rates during summer, but Fed’s policymakers have stressed that CPI data, as well as other reports, such as payrolls etc., should give strong signals that the economy does slow down before any monetary policy easing takes place. Bitcoin prices surged on Monday to hit a fresh record high above $72,000, after the British Financial Conduct Authority (FCA) sai ..read more

Headquartered in Shanghai, NIO is a Chinese electric vehicle (EV) maker. On top of creating EVs, it also develops battery-swapping stations. Before the boom in AI-related companies, there had  been much hype regarding the growth of the EV market. Learn more about NIO's most recent earnings report and what analysts are forecasting for the stock. Stock: NIO Inc Symbol for Invest.MT5 Account: NIO Date of Idea: 12 March 2024 Time Line: 1 - 6 months Entry Level: $6.50 Target Level: $10.40 Position Size for Invest.MT5 Account: Max 5% Risk: High The Invest.MT5 acc ..read more

The European Central Bank (ECB) interest rate decision and the US Nonfarm Payrolls data release are among the most important financial events for the rest of the week. Later today, the UK Chancellor will present the Spring Budget that may include tax cuts. Table of Contents ECB Interest Rate Decision UK Chancellor To Present Spring Budget Fed’s Head To Speak Before US Congress US Nonfarm Payrolls February Report ECB Interest Rate Decision On Thursday, the ECB’s governing council will convene to decide on monetary policy and interest rates. Market analysts forecast that borrowing costs will ..read more