<p> The European Central Bank could take the next interest rate hike off the agenda following a "substantial" drop in inflation and policymakers should not give any indication that rates will remain stable until mid-2024, ECB Board member Isabel Schnabel said.</p><p><br /></p><p>The comments ma
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China's Economy In Danger? Moody's Decides To Downgrade China's Credit Rating
<p> Moody's, the credit rating agency, decided to downgrade the Chinese government's credit rating from stable to negative on Tuesday. It is the latest sign of growing global concerns about the impact of rising local government debt and a growing real estate crisis affecting the world's second-largest economy.</p>
USD/JPY, USD/CAD, and EUR/USD Analysis: The US Dollar Corrected in Anticipation of PMI Data Release
<img src="https://fxopen.com/blog/en/content/images/2023/12/yen-dollar.jpg" alt="USD/JPY, USD/CAD, and EUR/USD Analysis: The US Dollar Corrected in Anticipation of PMI Data Release" /><p>In the first trading hours of the current five-day period, the American currency made a number of attempts to regain the positions
S&P500: The end of a significant rally?
<img src="https://fxopen.com/blog/en/content/images/2023/12/sp500.jpg" alt="S&P500: The end of a significant rally?" /><p>Opinions vary across the financial markets this morning as the S&P 500 index, a prestigious benchmark tracking the performance of 500 major US companies, takes centre stage in rece
Many of Boris Johnson’s WhatsApps ‘cannot be retrieved’ for Covid inquiry
<p>Technical team unable to view any messages for four months from before arrival of virus to after first lockdown The mystery of Boris Johnson’s Covid-era WhatsApps has taken another twist the day before the former prime minister gives evidence to the inquiry into the pandemic, after it was reported that nearly six months of messag
Tory MPs lobby to change legislation as splits emerge over Rwanda policy
<p>Centrist Tories want PM to stick by UK’s human rights obligations while those on the right want new bill to override them Tory MPs are at loggerheads as competing factions engage in last-minute lobbying efforts to try to change Rishi Sunak’s flagship Rwanda legislation before it is published in the coming days. The prim
UN hears accounts of sexual violence during 7 October attacks by Hamas
<p>Speakers also attacked women’s rights activists and UN officials for not doing more to investigate or condemn crimes Israel-Hamas war – live updates Warning: contains graphic descriptions of violence The United Nations has heard accounts of sexual violence during the 7 October attacks by Hamas, in a meeting where speake
IDF campaign in southern Gaza has created ‘apocalyptic’ conditions, top UN official says
<p>Martin Griffiths says continuing offensive has ended any possibility of meaningful humanitarian operations Israel-Hamas war – live updates The UN’s top aid official has said the Israeli military campaign in southern Gaza has been just as devastating as in the north, creating “apocalyptic” conditions
Dominic Raab denial over torture-risk decisions was wrong, officials admit
<p>Committee says that after Raab’s curry analogy, full picture was provided only when it pressed for further information The former foreign secretary Dominic Raab approved a decision that risked someone being tortured despite denying this to a parliamentary committee, officials have admitted. The disclosure comes in a report on Tuesday
Trial shows more than 90% of women trying for baby lack essential nutrients
<p>Most of those tested lack nutrients crucial for healthy foetal development as found in abundance in meat and dairy products More than 90% of women who are trying for a baby may have marginal or low levels of vitamins that are essential for a healthy pregnancy, according to researchers who say the problem will likely […]