April 2024 – Page 7 – Finance Markets News

Pound Sterling is under increasing bearish pressure with 1.2500 support in play

GBP/USD Price Analysis: Pound is under increasing bearish pressure with 1.2500 support in play The Sterling keeps trading within a bearish channel from early March lows and seems ready to test an important support area at 1.2500. Wednesday’s long negative candle reflects an impulsive bearish move and gives sellers hope to explore fresh year-to-date lows. Read More… […]

Pound Sterling is under increasing bearish pressure with 1.2500 support in play Read More »

Dow Jones technical analysis – a junction of a retest.

Technical Analysis

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

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Reports that progress has been made in Gaza ceasefire talks

News

Reports that progress has been made in Gaza ceasefire talks Read More »

5 reasons why gold miners make more money than gold investors

News

Why can’t we think of benefiting from rising prices by participating in that trend as investors? Let me explain. I wrote to you about the rally in Gold prices more than a month ago. Now gold has rallied to all-time highs recently. Consumers who were planning to buy gold are worried as they will have

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Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes

News

Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil prices surge. This surge, alongside the rally in metals like Copper, ignites concerns over an inflation comeback. Such inflationary pressures, combined with a revival in manufacturing and service sectors, could deter major central banks from implementing significant

Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes Read More »

Unemployment rate among Black Americans jumped in March, contrasting overall trends

Economy

We’re Hiring, Part-time heroes wanted, sign at entrance to Target Store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images The unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. Black unemployment rose to 6.4% last month, up from 5.6% in February. That’s

Unemployment rate among Black Americans jumped in March, contrasting overall trends Read More »