Sat, February 04, 2023
Federal reserve and stimulus package
Economy

As the new year starts winding up and we enter the post-holiday

saudi arabian
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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Federal reserve and stimulus package
Economy

As the new year starts winding up and we enter the post-holiday

Wibest – Eurozone: A man counting euro bills.
Economy

The Eurozone on Tuesday beat expectations for a positive increase in the

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Dollar, Aussie, Kiwi, monetary policy

Asian currencies rose, the dollar fell

The vast majority of Asian currencies rose sharply. The dollar fell to a nine-month low even after the Fed raised interest rates significantly, with markets betting that the US economic slowdown will force the

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FOREX NEWS

FOREX NEWS

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dollar, usd-cad-american-canadian-dollars

The Dollar Gains Ground

The U.S. dollar retreated from a seven-month low on Tuesday. Meanwhile, the Japanese yen fell ahead of the Bank of Japan meeting. The Dollar Index increased 0.1% to 102.005 on Tuesday after falling to a seven-month low of 101.77

Dollar

Dollar slides to a seven-month low

The dollar fell to a seven-month low versus major peers on Monday. Meantime, the yen soared to a more than seven-month high as traders increased their bets that the Bank of Japan might make additional adjustments to its yield

dollar, usd-cad-american-canadian-dollars

The US Dollar Fell in Early European Trade

The US dollar fell in early European trade Friday, extending the previous session’s decline, as lower US inflation allowed the Federal Reserve to slow the pace of interest rate hikes. The US Dollar Index (DXY) fell 0.10% to 101.965

Wibest – Yen exchange rate: Japanese yen bills and coins.

The Yen Rises While the Dollar Remains Stable

On Thursday, the yen increased as traders anticipated that the Bank of Japan would review the effects of its monetary easing. Ahead of U.S. inflation data, the dollar remained close to a seven-month low against the euro. At its

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

Oil

Oil Steady

On Tuesday, crude oil prices remained stable as expectations of a rise in U.S. oil inventories and worries about a global economic slowdown were countered by expectations of a rebound in fuel demand from top importer China. Brent crude

China's 1st Quarter GDP Shocks The World With a 4.8% Surge

Is China’s high-growth era over?

When much of the world experienced a major recession in 2008-2009, China managed to weather the storm and buoy the global economy through massive government spending efforts. In 2022, the country’s economy will grow by only 3%. According to

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

BROKER NEWS

Dollar, Aussie, Kiwi, monetary policy

Asian currencies rose, the dollar fell

The vast majority of Asian currencies rose sharply. The dollar fell to a nine-month low even after the Fed raised interest rates significantly, with markets betting that the US economic slowdown will force the bank to reverse its dovish stance this year. The Chinese yuan rose 0.44% against the

Inflation

Global Inflation Shows Signs of Easing

In the post-Covid world, inflation has become the number one enemy of the regular people. As the pandemic waned, the economic halt started becoming more and more noticeable. And on the heels of that, the ongoing Ukraine war has made global economic conditions even worse. Inflation rates have

Housing Crisis Escalates to 15-year Record

Almost anywhere around the globe, buying a home has become a tall task. With real estate companies buying out houses and apartments way past market prices, it’s become difficult for the retail buyer to compete. You either need to expect to pay through the nose or be a

Economy and interesting details

World Economy Looks Like Through 2075

Global economic growth will average under 3% per year over the next decade, down from 3.6324% before the financial crisis. It will then gradually decline, reflecting a slowing in labor force growth. Two decades after famously laying out long-term growth projections for the so-called BRIC economies, economists led

The British economy in the first quarter

UK Rail Strike May Spoil Christmas in Pubs

Christmas is a good time for the hospitality industry. With tons of people moving around, staying in hotels, and attending parties and gatherings, it’s a time of high profits. On top of that, hospitality service providers also have a chance to hike up their prices due to a

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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