Migration cuts, AI and rising interest rates means an era of long-term disinflation
The Reserve Bank will increase interest rates on Tuesday, but three new factors entirely outside the bank's control are pulling rates in different directions.
Daily Forex News & Market Updates
Stay informed with FXGlory’s daily forex news and latest currency market updates. Follow important developments affecting the US dollar, euro, British pound, Japanese yen, and other major currencies, including central bank decisions, interest-rate expectations, inflation data, employment reports, and geopolitical events.
Our forex market news feed brings together current developments that may influence currency prices and trader sentiment. Check the latest forex updates throughout the trading day and follow important economic and financial news affecting the global forex market.
Iran’s crypto mining consumes 14% of the country’s electricity deficit, parliamentary report finds
Iran's crypto mining exacerbates energy shortages, impacting citizens' access to essential services and highlighting resource allocation issues. The post Iran’s...
Market Strategist to XRP Holders: Here’s the Only Chart You Need to See
XRP is trading at one of its most significant resistance zones in years. Crypto analyst Steph Is Crypto (@Steph_iscrypto) recently released a video breaking down...
Robinhood Chain’s $18M Rug-Pull Trail Leads Back to the Same Money
Summary: Wazz traced direct fund flows between 45 of the 53 launches. Wallet fragmentation allegedly disguised highly concentrated supply. The […] The post...
“The Crash Is Coming,” Prominent Analyst Warns XRP Holders of Trouble Ahead — But a $30 Moonshot Could Follow
XRP holders are staring down a wildly contrasting market outlook. Crypto analyst Egrag Crypto is warning that “the crash is coming,”
California’s Meme Coin Law Turns Political Identity Into a Compliance Test
California restricts public officials from issuing meme coins while expanding crypto fraud, money laundering and asset seizure rules.
Angola Says Industrial Plants Rose 44% in a Year as It Looks Beyond Oil
Angola's industry minister says the country now has 992 industrial units, 44 percent more than a year ago. Manufacturing is still under 7 percent of the economy...
Nigeria’s Banks Swim in Cash After Sharp Rate Cut, Testing Inflation Fight
Nigeria's central bank cut its benchmark rate from 26.5% to 23% on 22 September. Spare bank cash could reach about US$6.4 billion this week, testing its grip on...
A rate rise tomorrow is all but locked in. How many more might there be?
The Reserve Bank is meeting tomorrow for the sixth time this year, and both financial markets and economists think it is almost certain that it will raise interest...
Rate hike could price home buyers out of Qld 72 suburbs
Two rate rises could cost Queensland homebuyers more than $38,000 in borrowing power and lock them out of 72 suburbs, new analysis shows. The post Rate hike could...