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Economy

The US economy likely finished 2022 with on a high note despite

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Economy

Saudi Arabia is planning to balance its state budgets over the medium

Zambia and interesting details
Economy

Countries in different parts of the world are trying to minimize the

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Economy

The US economy likely finished 2022 with on a high note despite

IBM Plans to Cut up to 4 Thousand Jobs
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The wave of companies cutting workers continued on Wednesday with International Business

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Sterling declined on Thursday. What about Euro and Dollar?

Sterling Is Losing Ground

Sterling fell slightly on Friday but was still close to its highest level in over seven months against the US dollar. Investors anticipate that the British economy’s slowing will bring the Bank of England’s

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FOREX NEWS

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dollar, euro,

The Dollar Started the Week at A Nine-Month Low

As market participants bet on the Federal Reserve of the United States reducing the size of its interest rate hikes for a second consecutive meeting in February, the dollar started the week testing a new nine-month low. The “quiet

dollar, euro,

The US Dollar Fell Slightly

The US dollar fell in early European trade Friday, remaining near seven-month lows amid concerns about a slowing US economy, while the sterling fell after weak retail sales data. The Dollar Index fell 0.1% to 101.750, just above the

Wibest – Eurozone: A man counting euro bills.

Eurozone Bond Yields Decrease

After a sharp decline in eurozone government bond yields on Tuesday due to the Bank of Japan’s decision to maintain its ultra-loose monetary policy, there was a slight decline on Wednesday in choppy trading. The yield on Germany’s 10-year

Dollar and other currencies

The Dollar Regains Stability Close to A Seven-Month Low

The week started off poorly for the dollar, which saw its value decline against a group of significant rivals to a seven-month low in Asian trade before stabilizing. Because traders were betting that the Bank of Japan would continue

US Economy Recovering, Albeit Slowly

The US economy likely finished 2022 with on a high note despite its numerous challenges. FactSet’s economists have estimated that the GDP grew at a 2.3% annual pace from October to December. However, the economy is still broadly expected

Oil

Oil Prices Are Holding Steady

Oil prices held steady on Wednesday after falling the previous session, as an increase in U.S. crude inventories and global recession fears offset optimism for a Chinese demand recovery. Due to the end of China’s COVID-19 controls and expectations

dollar

The Dollar Gains Ground

The dollar edged up in quiet trading on Wednesday as investors awaited the Federal Reserve’s policy decision next week, while the euro traded just below a nine-month high. The euro was 0.26% lower against the dollar, trading at $1.086,

Amazon - a Value Stock Amid Speculative Mania

Amazon – a Value Stock Amid Speculative Mania

In a decade of Wall Street wisdom, the death of the cheap-money era is redrawing the earnings map of Corporate America. This upends what stocks are bargain buys or high fliers in tomorrow’s market. A revenue slowdown and a new

BROKER NEWS

Sterling declined on Thursday. What about Euro and Dollar?

Sterling Is Losing Ground

Sterling fell slightly on Friday but was still close to its highest level in over seven months against the US dollar. Investors anticipate that the British economy’s slowing will bring the Bank of England’s (BOE) tightening cycle to an end soon, potentially weakening the pound in the short term.

stock exchanges; global crisis written on paper – wibestbroker

How Will the 2023 Recession Differ from The 2008 Recession?

The early 1980s hyperinflation set the stage for the Fed’s current actions. The Federal Reserve raises interest rates and tightens the money supply to cool an overheated economy. This causes the economy to contract and ultimately leads to a burst of inflation at the expense of recession. The

Stock markets and economy

The Chinese economy track to recover steadily

The Chinese economy track to recover steadily Experts and economists are optimistic about China’s prospects, anticipating stronger policy support and domestic demand to support the world’s second-largest economy’s steady recovery, even though the outlook for global growth in 2023 is clouded by uncertainty. The optimized epidemic response in

December Payrolls Exceed Estimate Significantly

According to payroll processing firm ADP, the job market ended 2022 on a positive note. Companies have added much more positions than expected in December, outperforming estimates significantly. Private payrolls increased by 235,000, beating the Dow Jones estimate of 153,000. That’s more than 50% over what was initially

Global Economy to Slow Down its Growth

While we’ve been talking about unsustainable economic growth for a while now, we seem to have finally reached a tipping point. As work and profit demand to meet shareholder expectations become unrealistic, the world’s economic growth may slow. In this year and the next, the International Money Fund

The US Inflation Lays Heavy on Fed

If inflation continues to be stubborn, investors believe that the Federal Reserve may have to raise interest rates higher than they have in the past 20 years. Some Wall Street professionals believe that the

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