The Federal Reserve boosted the interest rate by 0.25 percentage points on
Saudi Arabia is planning to balance its state budgets over the medium
Federal Reserve Interest Rate Boosts and Its Effect
The Federal Reserve boosted the interest rate by 0.25 percentage points on Wednesday, signaling that it may delay furthe
Weak commodities indicators: Oil prices fall 3%
On Tuesday, oil prices fell to their lowest level since late March. According to the disappointing Chinese economic data
Effect of The Purchase of First Republic Bank
US President Joe Biden has tried to guarantee Americans that the US banking sector is “safe and sound” after regulat
How US Consumer Spending Is Affecting the Economy
The US economy likely continued growing strongly in the first quarter, controlled by strong consumer spending earlier in
Countries in different parts of the world are trying to minimize the
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The Federal Reserve boosted the interest rate by 0.25 percentage points on
According to data released by Statistics Canada on Wednesday, Canada’s economy grew
Saudi Arabia Willing to Accept Deficit for Economic Growth
Japan to Retain Policy, Centers on 10-Year Yield Range
China-Based US Firms Plans to Relocate, Survey Says
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Weak commodities indicators: Oil prices fall 3%
Effect of The Purchase of First Republic Bank
Weak commodities indicators: Oil prices fall 3%
Effect of The Purchase of First Republic Bank
Saudi Arabia Is Voluntarily Reducing Oil Production
Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday
Weak commodities indicators: Oil prices fall 3%
Weak commodities indicators: Oil prices fall 3%
Effect of The Purchase of First Republic Bank
Weak commodities indicators: Oil prices fall 3%
Effect of The Purchase of First Republic Bank
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The Canadian Economy Recorded a Growth of 0.8% in The Q1
According to data released by Statistics Canada on Wednesday, Canada’s economy grew by 0.8 percent in the first quarter of 2023, showing significant improvement compared to the fourth quarter of 2022. The GDP growth
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The Saudi Arabia Budget Is Again in Deficit in Q1
Saudi Arabia registered a budget deficit in the Q1 of the year as the government boosted spending on wages and economic diversification projects. The country had a shortage of 2.9 billion riyals ($770 million). Government revenue increased in the
US dollar under pressure: Main focus on the Fed
Job postings in the United States declined for the third month in a row in March. Meanwhile, the layoffs reached their highest level in more than two years, according to statistics released on Tuesday. Investors hold onto hopes that
EUR/USD forecast looks positive
The EUR/USD dipped throughout Friday’s trading session. However, it eventually recovered and showed signs of resilience. Meanwhile, investors were eager to take a little risk ahead of the weekend. The US dollar rose against a number of currencies. However,
The USD/CAD continues a bullish trend
Since October, the USD weakened significantly as the Fed delayed its rate rises. Currently, it intends to cease after the next boost, worth 25 basis points (bps), on Wednesday. The UYSD has been losing ground versus most major currencies.
The Canadian Economy Recorded a Growth of 0.8% in The Q1
According to data released by Statistics Canada on Wednesday, Canada’s economy grew by 0.8 percent in the first quarter of 2023, showing significant improvement compared to the fourth quarter of 2022. The GDP growth exceeded market expectations, which anticipated
CoinTracker vs Cointracking – side by side comparison
Cryptocurrency and blockchain have become an important part of the worldwide economy, with their volatility and daily price changes creating the need for tracking tools for both novice and experienced crypto investors. By connecting to crypto wallets and exchange
The Saudi Arabia Budget Is Again in Deficit in Q1
Saudi Arabia registered a budget deficit in the Q1 of the year as the government boosted spending on wages and economic diversification projects. The country had a shortage of 2.9 billion riyals ($770 million). Government revenue increased in the
The Slump in The Stock Market Following Fed Release
The global inventory gauge fell for a fourth straight day while the dollar rose as the European Central Bank boosted the interest rates on Thursday, signaling the need for further monetary tightening, a day after the United States Federal
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The Canadian Economy Recorded a Growth of 0.8% in The Q1
According to data released by Statistics Canada on Wednesday, Canada’s economy grew by 0.8 percent in the first quarter of 2023, showing significant improvement compared to the fourth quarter of 2022. The GDP growth exceeded market expectations, which anticipated a 0.4 percent increase following the economic slowdown in the
The Saudi Arabia Budget Is Again in Deficit in Q1
US dollar under pressure: Main focus on the Fed
Federal Reserve Interest Rate Boosts and Its Effect
The Federal Reserve boosted the interest rate by 0.25 percentage points on Wednesday, signaling that it may delay further hikes to give officials time to assess the influence of recent bank failures and await and monitor the resolution of the US debt political impasse inflation. A unanimous
Weak commodities indicators: Oil prices fall 3%
On Tuesday, oil prices fell to their lowest level since late March. According to the disappointing Chinese economic data, predictions of interest rates rose significantly. The US Federal Reserve and the European Central Bank (ECB) expressed concerns about sufficient supply this week. Brent crude slid $2.41, or 3.04%,
Effect of The Purchase of First Republic Bank
US President Joe Biden has tried to guarantee Americans that the US banking sector is “safe and sound” after regulators clutched California’s First Republic Bank, which JPMorgan Chase purchased in hopes of ending the two-month crisis end. On Monday afternoon, Biden praised regulators’ move to facilitate the
How US Consumer Spending Is Affecting the Economy
The US economy likely continued growing strongly in the first quarter, controlled by strong consumer spending earlier in the year. Still, momentum has slowed significantly since then as the impact of higher interest rates spread. The Commerce Department’s report on Thursday’s first-quarter gross domestic product should show that
Starbucks Union Status Still Under Debate
During the massive worker shortage that the Covid pandemic brought on, there were tons of changes for the US workforce. Dismayed by the conditions they’ve been working in, many have started demanding restructuring in
Weak commodities indicators: Oil prices fall 3%
Effect of The Purchase of First Republic Bank
How US Consumer Spending Is Affecting the Economy
China’s inflation problem and its effect
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