Jack Perry, Author at Livemarkets.com

Maersk Stock Declines as Global Shipping Demand Slump Looms

August 28, 2023

04 Aug 2023

Maersk Stock Declines as Global Shipping Demand Slump Looms

Introduction Amidst the ongoing corporate earnings season in Europe, AP Moeller-Maersk (CSE:MAERSKb), a major player in the shipping industry, is grappling with a challenging outlook as its stock price dips by 1.7%. The company's cautionary stance s...

GBP/USD Hits Fresh Annual High as BoE Signals Rate Hike

Jack Perry

Economy, News

August 28, 2023

03 Aug 2023

Bank of England Poised to Raise Interest Rates to 15-Year High Amid Lingering Inflation Concerns

Introduction: Interest Rate Hike Anticipation Grows Amid Global Economic Variations As the financial world braces for the Bank of England's (BoE) highly anticipated announcement on its interest rate decision, expectations of a hike to 5.25% from the...

Aspen Technology Reports Q4 Earnings: Revenue Slightly Below Expectations

Jack Perry

News, Stocks

August 28, 2023

02 Aug 2023

Aspen Technology Reports Q4 Earnings: Revenue Slightly Below Expectations

Introduction Aspen Technology (NASDAQ:AZPN), a prominent player in the digital transformation and optimization solutions industry, has recently unveiled its fourth-quarter earnings report, garnering significant attention with a 5.1% surge in its sto...

AUD/USD Rises as Reserve Bank of Australia Holds Steady at 4.10% Cash Rate

Jack Perry

Forex, News

July 4, 2023

04 Jul 2023

AUD/USD Rises as Reserve Bank of Australia Holds Steady at 4.10% Cash Rate

Introduction In a widely anticipated move, the Reserve Bank of Australia (RBA) has chosen to maintain its cash rate at 4.10% - the highest level in 11 years. This decision comes as the central bank seeks additional time to assess the impact of the s...

Ethereum's Price Witnesses Controlled Downtrend, Bitcoin Struggles Heavily

Jack Perry

Crypto news, Cryptos

June 30, 2023

30 Jun 2023

Ethereum’s Price Witnesses Controlled Downtrend, Bitcoin Struggles Heavily

Amidst the ongoing volatility in the cryptocurrency market, Ethereum's price took a downward turn, slipping below the crucial support level of $1,865. However, in a notable contrast to Bitcoin's heavy downtrend, Ethereum's losses were relatively limi...

Russian Rouble Weakens Against US Dollar, Hits Lowest Level in Over a Year

Jack Perry

Forex, News

June 30, 2023

30 Jun 2023

Russian Rouble Weakens Against US Dollar, Hits Lowest Level in Over a Year

The Russian rouble experienced a notable decline against the US dollar, with its value weakening by 0.8% at 88.26 by 0734 GMT. This drop follows the currency's fall to 88.6775, marking its lowest point since March 29, 2022. The depreciation of the ro...

Jack Perry

Forex, News

June 7, 2023

07 Jun 2023

Dollar Index Strengthens, Approaching 2½-Month Highs in Currency Basket Rally

Dollar Index Shows Resilience, Trading 0.1% Higher At 03:05 ET (07:05 GMT), the Dollar Index, which measures the U.S. dollar's performance against a basket of major currencies, displayed resilience, trading 0.1% higher at 104.162. This upward moveme...

Jack Perry

Forex, News

May 16, 2023

16 May 2023

How the South Korean Won Exchange Rate Affects the Economy

The South Korean won (KRW) is the official currency of South Korea, and one of the most traded currencies in the world. The exchange rate of the won against other currencies, especially the US dollar (USD), has a significant impact on the country's e...

How the US Dollar Index Performed in May 2023

Jack Perry

Forex, News

May 16, 2023

16 May 2023

How the US Dollar Index Performed in May 2023

The US Dollar Index (USDX) is a benchmark that measures the value of the US dollar against a basket of six major currencies: EUR, JPY, GBP, CHF, CAD and SEK. It is widely used by traders and investors to gauge the strength or weakness of the greenbac...

Jack Perry

Forex, News

May 13, 2023

14 May 2023

USD Surges on Fears of Global Recession

The US dollar rose to a two-year high against a basket of currencies on Tuesday, as investors sought safety amid growing concerns about the global economy. The dollar index, which measures the greenback against a basket of six major currencies, ro...

Understanding the Factors Behind the Malaysian Ringgit's Depreciation in 2023.

Jack Perry

Forex, News

May 13, 2023

13 May 2023

Understanding the Factors Behind the Malaysian Ringgit’s Depreciation in 2023

Introduction: The Malaysian ringgit (MYR) is the official currency of Malaysia. It has been in circulation since 1967 and has played a significant role in the country's economic growth. However, in recent years, the currency has experienced fluctuat...

U.S. Debt Ceiling Crisis and Inflation Data Affect Dollar

Jack Perry

Forex, News

May 10, 2023

10 May 2023

U.S. Debt Ceiling Crisis and Inflation Data Affect Dollar

The U.S. debt ceiling crisis has caused volatility in the financial market, as the dollar seesaws amid uncertainty about the country's ability to pay its debts. The situation has been exacerbated by the lack of progress in talks between U.S. Presiden...

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Maersk Stock Declines as Global Shipping Demand Slump Looms

Bank of England Poised to Raise Interest Rates to 15-Year High Amid Lingering Inflation Concerns

Aspen Technology Reports Q4 Earnings: Revenue Slightly Below Expectations

AUD/USD Rises as Reserve Bank of Australia Holds Steady at 4.10% Cash Rate

Ethereum’s Price Witnesses Controlled Downtrend, Bitcoin Struggles Heavily

Russian Rouble Weakens Against US Dollar, Hits Lowest Level in Over a Year

Dollar Index Strengthens, Approaching 2½-Month Highs in Currency Basket Rally

How the South Korean Won Exchange Rate Affects the Economy

How the US Dollar Index Performed in May 2023

USD Surges on Fears of Global Recession

Understanding the Factors Behind the Malaysian Ringgit’s Depreciation in 2023

U.S. Debt Ceiling Crisis and Inflation Data Affect Dollar

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