economic concerns News

US Dollar Faces Steep Decline as Global Currencies Strengthen Amid Economic Concerns

The US dollar has significantly declined, reaching lows not seen since September 2024, amid growing concerns over the US economy's stability compared to global peers. A softer CPI ...

US Dollar Takes a Nosedive: A 2% Drop Sparks Global Currency Shifts

The US dollar's significant 2% drop reflects growing concerns over the US economy's resilience, influenced by a soft CPI report and recent political announcements. Key currencies l...

March Sees a Significant Dip in US Small Business Optimism, NFIB Reports

In March, US small business optimism declined, with the NFIB optimism index falling below the 51-year average. Concerns over taxes and labor quality rose, while sales expectations ...

Fed Governor Kugler Warns: US Inflation Progress May Have Stalled, Raising Concerns

Federal Reserve Governor Adriana Kugler expresses concern over the stalled progress in US inflation reduction, noting persistent price pressures and rising inflation expectations d...

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...

Bitcoin Dives 3.5% Amid Economic Concerns Despite Trump's Call for US Dominance

Despite President Trump's vision for the US to dominate the Bitcoin market, the cryptocurrency's value dropped by 3.5%, influenced by economic concerns and Middle East tensions. Bi...

Indian IPO Market Faces Sharp Decline as $4 Billion Stock Lockups Expire

The Indian stock market faces a downturn as $4 billion in stock lockups expire, affecting major companies and continuing the IPO rush amidst economic concerns.

Bank of England's Rate Cut Sparks Drop in UK Gilt Yields Amid Economic Concerns

Following a 25 basis point rate cut by the Bank of England to 4.5%, UK gilt yields have dropped, reflecting concerns over the UK's economic stability and a shift towards safer asse...

Bank of England's Rate Cut Decision Sparks Decline in UK Gilt Yields

The Bank of England's decision to cut the key interest rate by 25 basis points to 4.5% has led to a decline in UK gilt yields. Economic concerns and a stagnant GDP in Q3 2024 have ...

December Sees a 0.7% Dip in Japan's Retail Sales, Sparking Economic Concerns

Japan's retail trade saw a 0.7% decrease in December, totaling ¥16.1 trillion, despite a 3.7% annual increase. The wholesale sector showed resilience with a 3.5% year-on-year growt...

British Pound Hits Lowest Against Dollar Since April 2024 Amid Economic Concerns

The British pound has weakened to its lowest level against the US dollar since April 2024, driven by economic uncertainties, rising bond yields, and a slowdown in key sectors. This...

December Sees Unexpected Drop in UK Construction Activity Amid Economic Concerns

The UK construction sector saw a decline in December, with the PMI dropping to 53.3, below expectations. Residential work led the slowdown, amid concerns over capital spending cuts...