How to Choose the Best Broker to Trade the Financial Markets
How to Choose the Best Broker to Trade the Financial Markets Venturing into the exciting world of financial trading is akin to setting sail on a new adventure. Yet, before you embark on this thrilling journey, there’s a crucial decision you must make: choosing the best trading broker. Your broker selection isn’t just about opening an account; it can significantly impact your trading experience and ultimate success. In this comprehensive guide, we’ll navigate the waters […]
New Zealand’s Current Account Deficit Beats Economists’ Expectations
New Zealand’s Current Account Deficit Beats Economists’ Expectations New Zealand’s current account deficit has decreased by $1 billion during the June quarter, dropping to $6.7 billion from $7.7 billion in the previous three months, as reported by Statistics NZ. This deficit signifies that New Zealand is spending more than it is earning overseas. Before the pandemic, the deficit ranged between 1% and 4% of GDP, but it surged to over 8% in late 2022 due […]
Japan’s Exports Decline Again Amid Weakening Global Demand
Japan’s Exports Decline Again Amid Weakening Global Demand Japan’s export market is experiencing a downturn as international demand plummets, raising substantial economic concerns due to the country’s significant reliance on foreign demand. In August, export values saw a 0.8% drop, primarily driven by a decrease in mineral fuel and chip-making machinery exports. Alarmingly, this downturn surpasses initial expert predictions and follows a two-year high in July, indicating a worrying trend of month-on-month declines. This export […]
USD/JPY Treads Water Below 148.00 Ahead of Fed Rate Decision
USD/JPY Treads Water Below 148.00 Ahead of Fed Rate Decision As the eagerly awaited Federal Reserve (Fed) interest rate decision inches closer, the USD/JPY currency pair finds itself in a holding pattern, oscillating within the narrow range of 147.70 to 147.85 during the early European trading session on Wednesday. Presently, the pair is hovering at 147.83, registering a minimal 0.01% decline for the day. Market participants widely anticipate the Fed to maintain its current interest […]