When some think of railroads, we think of 19th-century locomotives and men
Saudi Arabia is planning to balance its state budgets over the medium
Railroads May Stop US Economy in Its Tracks
When some think of railroads, we think of 19th-century locomotives and men in overalls shoveling coal into engines. Whil
The U.S. Unemployment Rate May Double Soon
According to recent estimates from a team of researchers that included two staff economists from the International Monet
Russia Anticipates Higher Economic Returns This Year
According to a top government official, Russia’s economy will have a less severe decline than anticipated over the
The U.S. recession will most certainly harm Asia
If the United States enters a recession, Asia will not be spared, but some Southeast Asian countries may be hurt more th
Countries in different parts of the world are trying to minimize the
TODAY'S FEATURED
When some think of railroads, we think of 19th-century locomotives and men
As local Treasury rates rose on Tuesday, the British pound rose from
Railroads May Stop US Economy in Its Tracks
The U.S. Unemployment Rate May Double Soon
Russia Anticipates Higher Economic Returns This Year
Railroads May Stop US Economy in Its Tracks
The U.S. Unemployment Rate May Double Soon
Russia Anticipates Higher Economic Returns This Year
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Time to Buy a House? Housing Market Weakens Slightly
Ruble Finishes Near 60 Versus The Dollar
Railroads May Stop US Economy in Its Tracks
The U.S. Unemployment Rate May Double Soon
Russia Anticipates Higher Economic Returns This Year
OPEC+ To Cut the Output By 0.5-1 Million BPD
OPEC+ sources said that the group’s oil producers are considering reducing its
China Economy Worries Weigh Down EV Stocks
Recession Looming in the UK as Pound Tumbles
Time to Buy a House? Housing Market Weakens Slightly
Ruble Finishes Near 60 Versus The Dollar
Railroads May Stop US Economy in Its Tracks
The U.S. Unemployment Rate May Double Soon
Russia Anticipates Higher Economic Returns This Year
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OPEC+ To Cut the Output By 0.5-1 Million BPD
OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize
Record Lows for The British Pound, how And Why?
Oil Prices at An 8-Month Low
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FOREX NEWS
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Will the Dollar Break Below 20 Years Threshold?
As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the
Yuan Dips Beyond Milestone, Will Dollar Dip Continue?
Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7
Yen Resumes Its Downward Trend, Will It Recover Soon?
The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s
CPI Statistics Stabilize the Dollar
Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT);
Will The Uptrend in The Oil Market Continue?
Tuesday saw a slight increase in oil prices as OPEC+ continued to produce less than their quotas. However, prices were still on track to decline for a fourth consecutive month due to expectations of another increase in U.S. interest
Will the Dollar Break Below 20 Years Threshold?
As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the
Should You Be Worried About Oil Prices?
The price of oil rose on Monday. Meanwhile, supply worries ahead of the EU’s oil embargo on Russia in December outweighed worries about a global recession that could dampen gasoline demand. Brent futures rose 0.5 percent on Friday and
Yuan Dips Beyond Milestone, Will Dollar Dip Continue?
Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7
BROKER NEWS
OPEC+ To Cut the Output By 0.5-1 Million BPD
OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize the market. An OPEC source estimated the likely number was closer to 500,000 BPD earlier
Is Recession Threatening the Oil Market?
U.S. CPI Sets a Lower Start for U.S. Dollar
Railroads May Stop US Economy in Its Tracks
Focus on U.S. Inflation Data Sank the Dollar’s Recent Gains
Europe’s Energy Deficit Carries On
The U.S. Unemployment Rate May Double Soon
Erdogan In A Dilemma, Turkey’s Inflation Reached 70%
According to figures released on Thursday, Turkey’s annual inflation hit a two-decade high of 69.97 percent in April, fueled by the Russia-Ukraine conflict and soaring energy and commodity costs following last year’s currency fall. Just over a year before presidential and legislative elections that might end President
The Eu’s Oil Embargo Risks Escalating Already High Inflation
For more than half of their crude imports, most Eastern European nations still rely on Russia. With the decision to cut off Russian oil shipments, European countries already suffering from record inflation risk exacerbating their predicament. While European Commission President Ursula von der Leyen promises that the
How Close is Russia to a Complete Default?
By delving into its limited dollar reserves, Russia looked to avoid defaulting on its international debt. The debt crisis in Moscow, however, is far from ended. Russia’s finance ministry said Friday that it had transferred $564.4 million to a Citigroup account for a bond due in 2022, and
Israel Slams Russian Foreign Minister’s Anti-Semitic Note
In comments about ‘denazifying’ Ukraine, Sergey Lavrov indicated Hitler had Jewish origins, prompting Israel to demand an apology. Israel has condemned Russian Foreign Minister Sergey Lavrov for making “unforgivable” remarks on Nazism and anti-Semitism, including that Adolf Hitler had Jewish ancestors, and demanded an apology from Moscow.
Ruble Finishes Near 60 Versus The Dollar
The ruble increased 0.1% versus the dollar at 59.80 at 0810 GMT. It hit 60.41 as it rose from a nearly four-week record level of 57.70 on Friday. Versus the euro, it accumulated 0.1%
The UN Deputy Believes The ‘Hindsight Is 20/20’
The Economic Turmoil Is Here to Stay
Russia Rejects Germany’s Ruble Payment and Supply To Poland
Poland’s Biggest Gas Supplier Ceases Operations in Poland
Here is How Coca-Cola, Music Venues, and COVID are related!
Japan To Increase Budget By $21B To Deal With Rising Costs
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