This Week’s Forex News Events: Dec 31 – Jan 6
Event Date Time Currency Impact Forecast Previous Manufacturing PMI Sun Dec 31 6:30am CNY Medium 49.6 49.4 Non-Manufacturing PMI Sun Dec 31 6:30am CNY Medium 50.5 50.2 Caixin Manufacturing PMI…
McKinsey’s $78M Opioid Settlement
In a significant development, McKinsey & Co, a renowned global consulting firm, has agreed to pay a staggering $78 million to settle claims by U.S. health insurers and benefit plans.…
U.S. Judge Approves FTC’s Move to Halt IQVIA-DeepIntent Deal
In a recent development, a U.S. court has upheld the Federal Trade Commission's (FTC) decision to block IQVIA's acquisition of DeepIntent, a healthcare advertising firm, citing potential harm to competition.…
S&P 500’s Remarkable Year-End Surge: A Look at 2023 and What Lies Ahead
The S&P 500 closed 2023 with a surprising 24% gain, driven by slowing inflation, a robust economy, and the Federal Reserve signaling the end of its rate-hiking campaign. The broad…
Tech Triumphs: A Recap of 2023’s Resilient Stock Market
In 2023, tech stocks staged a remarkable comeback, marking one of the Nasdaq's strongest years in two decades. Following a dismal 2022 with a 33% plunge, the Nasdaq surged by…
Navigating 2024: Insights, Trends, and 4xPip’s Expert Guidance
In the conclusive CNBC's Delivering Alpha Stock Survey for 2023, investors, traders, and money managers express overwhelming confidence in the Federal Reserve. Additionally, an impressive 88% rate the Fed as…
Evaluating 2024: U.S. Treasury Yields, Fed Strategies, and Economic Outlook
U.S. Treasury yields increased Thursday as investors assessed the economic and financial market outlook for the upcoming year. The 10-year Treasury yield rose by over 5 basis points to 3.844%,…
CDPQ Acquires 15% Stake in TAG from Engie Brasil
In a significant development in the energy sector, Engie Brasil announced on Thursday that it had successfully negotiated the sale of a 15% stake in the natural gas pipeline firm…
Google Concludes $5B Consumer Privacy Lawsuit
Google recently reached a preliminary settlement in a class-action lawsuit; additionally, it halted the scheduled trial that aimed to address allegations of the tech giant secretly tracking the internet activities…
MicroStrategy’s Bold $615M Bitcoin Buy Amidst SEC’s ETF Decision
In a bold financial move, MicroStrategy has grabbed headlines with a substantial $615.7 million Bitcoin acquisition. As the crypto world eagerly awaits the SEC's decision on a spot Bitcoin ETF,…
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