Rogerio Alvarez is an experienced financial journalist and author who specializes in covering economic news for Livemarkets.com. With a deep understanding of global finance and a passion for uncovering the stories behind the numbers, Rogerio provides readers with comprehensive coverage of the latest economic developments around the world. His reporting is insightful and informative, providing readers with the knowledge they need to make informed decisions about their investments and financial strategies.

Global Stock Futures Rise Marginally, Boosted by Positive Market Sentiment

Introduction Market optimism prevailed as the clock struck 7:10 pm ET (11:10 pm GMT), with major U.S. stock futures showing modest gains. The Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures rose by 0.1%, 0.2%, and 0.3%, respectively. These encouraging numbers signal a positive start to the trading

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Diminishing Inflation Boosts Consumer Sentiment to Two-Year High

Introduction Diminishing inflation has been a critical factor in driving consumer sentiment to its highest level in nearly two years, as revealed by the University of Michigan’s closely watched survey. The final index of consumer sentiment for July came in at 71.6, reflecting a slight dip from the preliminary reading

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Renowned Trader Turns Bearish on Bitcoin as It Struggles Below $30,000 Mark

Introduction Renowned pseudonymous analyst DonAlt, who gained popularity for accurately calling Bitcoin’s market bottom in 2022, is causing ripples in the crypto community once again. With Bitcoin currently hovering below the crucial $30,000 level, DonAlt is now expressing a bearish outlook, claiming that a bullish trend will only be confirmed

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Dollar Index Rises 0.1% Amidst Positive Thursday Performance

Introduction In the fast-paced world of global finance, currency markets play a crucial role in shaping economic landscapes. Among the significant indicators in this domain is the Dollar Index, which serves as a barometer for the strength of the United States dollar against a basket of six other major currencies.

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Asian Currencies Rise on Lower Oil Prices: South Korean Won and Indian Rupee Gains

Asian currencies have been making headlines in the financial world as the South Korean won and the Indian rupee experienced gains in the forex market. The rate-sensitive South Korean won strengthened by 0.4% against major currencies, while the Indian rupee also saw a modest rise of 0.1%. The primary catalyst

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Chinese Stock Markets Experience Strong Gains; CSI 300 Leads with 1.8% Surge

In a noteworthy development in the Chinese stock market, the Shanghai Shenzhen CSI 300 index experienced a significant surge of 1.8%. This sudden upswing has garnered the attention of investors and market analysts, sparking discussions about the driving factors behind this impressive performance. Traders are closely monitoring the situation as

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U.S. Banks Report Mixed Results, Highlight Resilient Economy and Looming Risks

Major U.S. banks, such as JPMorgan Chase, Wells Fargo, and Citigroup, have released their latest earnings reports, presenting a mixed picture of the economy. While some sectors show signs of resilience and optimism, concerns over consumer spending, credit card losses, and commercial real estate have raised red flags among investors.

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Tech Giants’ Earnings: Crucial Moments for the Stock Market’s Path Ahead

As the stock market enters a crucial phase, the upcoming earnings reports of seven prominent technology companies are poised to shape the trajectory of this year’s equity rally. Dubbed the “Magnificent Seven” by investors, these companies have witnessed soaring stock prices ranging from 40% to over 200% so far in

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China’s Housing Market Stagnates as Prices Remain Unchanged, Adding Pressure for Stimulus

The housing market in China experienced a lackluster performance in June, as new home prices remained unchanged, marking the weakest result of the year. This data, released by the National Bureau of Statistics (NBS), highlights the need for policymakers to consider additional stimulus measures amidst a faltering economic recovery. According

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Biden Administration Announces $39 Billion Student Debt Relief for Over 800,000 Borrowers

In a significant move to address the growing concern over student loan debt, the Biden administration has announced plans to cancel $39 billion in student debt for more than 804,000 borrowers. This relief comes as a result of adjustments made to income-driven repayment (IDR) plans, which cap payment requirements for

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U.S. Senators Introduce Bill to Track Investments in China as White House Considers Restrictions

Two U.S. senators, Democratic Senator Bob Casey and Republican John Cornyn, have introduced the Outbound Investment Transparency Act as an amendment to a defense bill, signaling bipartisan support for addressing the risks associated with U.S. investment in foreign adversaries, particularly China. This legislation aims to provide greater insight into outbound

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Bank of Japan May Revise Inflation Forecast, Cautious on Yield Curve Control: Former Top Economist

The Bank of Japan (BOJ) is contemplating revising its inflation forecast for this year, as shared by former top economist Seisaku Kameda in an interview with Reuters. The central bank’s upcoming meeting on July 27-28 will reveal new quarterly forecasts that encompass core consumer inflation, excluding the impact of fresh

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