Economy News

2024.12.19 2024.12.19 Top 10 Strongest Currencies in the World in 2024Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/In times of global instability, currency markets face numerous factors influencing the value of national currencies. Variables like inflation, interest rates, and trade balance play a crucial...

2024.12.17 2024.12.17 US Dollar Benefits From Widening US–Europe Rates Gap. Forecast as of 17.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/Given the robust state of the US economy, the Fed has the latitude to proceed with caution in cutting rates. In contrast, the ECB...

2024.12.13 2024.12.13 Franc Goes All In. Forecast as of 13.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/The Swiss National Bank has cut the key rate by 50 basis points, aiming to accelerate inflation and weaken the franc. Will it reach the goals? Let’s discuss...

2024.12.13 2024.12.13 ECB Decision Bruises Euro. Forecast as of 13.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/In addition to reducing interest rates, the European Central Bank has indicated that it plans to maintain this course of action at upcoming meetings. In contrast, investors anticipate...

2024.12.12 2024.12.12 Trump's Remarks Misguide Markets. Forecast as of 12.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/Donald Trump has won the White House, pledging that inflation will vanish completely. Ironically, it may be him who accelerate the Consumer Price Index (CPI). Trump previously criticized...

2024.12.11 2024.12.11 Loonie Prepares for Turbulent Times. Forecast as of 11.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/Donald Trump's tariffs will spur inflation in Canada and severely bruise the country's economy. Meanwhile, the Bank of Canada (BoC) has decided that the most prudent course...

Starbucks Corporation (NASDAQ: SBUX) is exploring strategic partnerships for its Chinese operations amid declining demand in major markets, including the U.S. and China. The company confirmed on Thursday that it is assessing options, following a Bloomberg report suggesting...

Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points (0.5%), while S&P 500 futures gained 0.3%, and...