Mon, October 03, 2022
Economy

When some think of railroads, we think of 19th-century locomotives and men

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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Economy

When some think of railroads, we think of 19th-century locomotives and men

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Forex

On Monday, the dollar was flooded with safe-haven trades as worries about

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OPEC Organization of the Petroleum Exporting Countries

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

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dollar

More Trouble Ahead for the Yen Amid U.S. Yield Rise

On Wednesday, the dollar ruled everything it surveyed, reaching a new 24-year top against the yen and nearing a 20-year high against the euro as U.S. economic data supported the Federal Reserve’s intention to continue its aggressive policy tightening.

Euro

Euro on a Highway to Hell, Here Is What You Need to Know

Sterling was in trouble and the euro dropped to below 99 cents for the first time in nearly two decades on Monday. The fall was due to worries about rising energy costs and economic growth raised by Russia’s shutdown

Yen Dollar

Yen Hits 24-year Low Against US Dollar

Japan’s economic decisions have always been peculiar to the point where they confuse many experts. Yet, the country has managed to maintain a stable economy for many decades. Without following commonplace rules, Japan has managed to stay a major

euro

Should We Panic About the Euro?

One of the biggest recent financial news is that the dollar touched the euro’s value. Due to the dollar’s incline and the euro’s decline, the currencies have more or less evened out. We can see that with today’s EUR/USD

Gas

Europe’s Energy Deficit Carries On

Since the start of the Ukraine War, energy has been a major concern in the EU. While the sanctions have halted Russia to a degree, a lot of Europe is still dependent on its energy exports. In a recent

US

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 Monetary Fund, the U.S. unemployment rate may need to go to as high as 7.5% in order to stop the nation’s outbreak

Stocks in Asia

Despite Fears Over China COVID, Asian Equities Rise

China was an exception as dismal data signaled additional pressure on the COVID-hit economy, but Asian equities rode a global rebound on Thursday, enjoying wide gains as oil prices stabilized at lower levels only seen previous to the Russian-Ukraine

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more

BROKER NEWS

OPEC Organization of the Petroleum Exporting Countries

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

Here is How Coca-Cola, Music Venues, and Covid are related!

Here is How Coca-Cola, Music Venues, and COVID are related!

The two-year-long pandemic has had an immense impact on many companies and businesses. The popular beverage company Coca-Cola has been one of the impacted entities. However, Coca-Cola sales are now increasing as people return to music and sports venues near the end of the pandemic. Coca-Cola’s sales increased

Japan To Increase Budget By $21 B To Deal With Rising Living Costs

Japan To Increase Budget By $21B To Deal With Rising Costs

Japan’s governing coalition agreed on a supplemental budget on Thursday to help lower-income people and small businesses, signaling additional spending for the massively indebted country. It fights inflation for the first time in decades. In the first phase, Prime Minister Kishida’s Liberal Democratic Party-led administration plans to announce

The Rising Yield On The US Treasury Heavily Impacts China

The Rising Yield On The US Treasury Heavily Impacts China  

The 10-year Treasury yield in the United States has surged fast to three-year highs, closing the gap with its Chinese equivalent for the first time in more than a decade. As the rates cross, with the US one climbing above China’s, an investment strategy that bought Chinese bonds

China

China Saying Goodbye to its Signature Explosive Expansions

The tide in China’s devastating real estate market may be shifting. Bond trading volumes and prices have risen in recent weeks, bolstered in part by the government’s vow to promote the industry and some relaxation of restrictions. Analysts, on the other hand, believe China’s high-growth property market may

Ruble Finishes Near 60 Versus The Dollar

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%

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