As the new year starts winding up and we enter the post-holiday
Saudi Arabia is planning to balance its state budgets over the medium
Fed Shuts Down Raging Inflation
As the new year starts winding up and we enter the post-holiday economic phase, good news greets us. Namely, the inflati
Eurozone Economy Unexpectedly Grows
The Eurozone on Tuesday beat expectations for a positive increase in the final quarter of 2022 and eased fears of a pote
US Economy Recovering, Albeit Slowly
The US economy likely finished 2022 with on a high note despite its numerous challenges. FactSet’s economists have
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 globa
Countries in different parts of the world are trying to minimize the
TODAY'S FEATURED
As the new year starts winding up and we enter the post-holiday
The wave of companies cutting workers continued on Wednesday with International Business
Fed Shuts Down Raging Inflation
Eurozone Economy Unexpectedly Grows
US Economy Recovering, Albeit Slowly
Fed Shuts Down Raging Inflation
Eurozone Economy Unexpectedly Grows
US Economy Recovering, Albeit Slowly
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The US Inflation Lays Heavy on Fed
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Fed Shuts Down Raging Inflation
Eurozone Economy Unexpectedly Grows
US Economy Recovering, Albeit Slowly
Russian Crude Oil Sanctions Failed
So far, sanctions on Russian crude oil have “completely failed,” and new
Global Inflation Shows Signs of Easing
Housing Crisis Escalates to 15-year Record
The US Inflation Lays Heavy on Fed
Railroads May Stop US Economy in Its Tracks
The U.S. Unemployment Rate May Double Soon
Fed Shuts Down Raging Inflation
Eurozone Economy Unexpectedly Grows
US Economy Recovering, Albeit Slowly
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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
Amazon – a Value Stock Amid Speculative Mania
Oil Steady
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FOREX NEWS
FOREX NEWS
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Ruble Edges Higher
On Monday, the Russian ruble edged up against the dollar, gaining some ground after experiencing its biggest weekly decline since early July due to concerns about how sanctions on oil and gas would affect Russia’s export earnings. Following an
The Dollar Remains Stable
Following two days of gains, the dollar fluctuated on Friday. It showed little change in morning trading in London as investors considered the outlook for interest rates in the wake of stronger-than-anticipated U.S. economic data on Thursday. The euro
The Pound is under pressure against the euro
Despite a lack of news to justify the moves, the British Pound is under significant selling pressure in midweek trade. The UK public sector borrowing data came in worse than expected, but the charts show almost no impact on
Yen rises to a four-month high
Tuesday’s surprise decision by the Bank of Japan to review its yield curve control policy and widen the trading band for the yield on 10-year government bonds caused the yen to rise to a four-month high against the 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
Oil Prices Rose, Gain More than 6%
Oil prices increased on Friday, with the week’s gain anticipated to be over 6%, as a result of strong indications of rising demand in the world’s largest oil consumer, China, and anticipations of more gradual interest rate increases in
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
A Little Bit About Emerging Markets Rebound
The hopes of emerging markets’ bulls are riding on the odds of an economic recovery in China and a Federal Reserve pivot this year. They claim that the stage is now set for a long-awaited, broad rally in the
BROKER NEWS
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
Dollar Slips Near Seven-Month Lows
Why Are Wall Street Analysts as Pessimistic as Ever?
Ethereum and Bitcoin: What’s Happening?
The Chinese economy track to recover steadily
Sterling falls in value
Oil Is Once Again Falling
Recession Looming in the UK as Pound Tumbles
If you’ve been following news in 2016 in the slightest, you’re likely aware of Brexit’s impact on the UK. It was the talk of the town, with many aspects of the UK’s economy suffering damage that would take years to repair. However, with the current questionable future of
Time to Buy a House? Housing Market Weakens Slightly
One of the main gripes with adult life in the US is that the housing market is out of control. Rent is rising sharply, especially in major cities, while wages haven’t nearly caught up. Not many Americans in their 20s and 30s even dare dream of buying a
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% to 59.40. Meantime, the euro also fell to a new two-decade low versus the
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 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
Japan To Increase Budget By $21B To Deal With Rising Costs
The Rising Yield On The US Treasury Heavily Impacts China
China Saying Goodbye to its Signature Explosive Expansions
China’s 1st Quarter GDP Shocks The World With a 4.8% Surge
China’s Medium-Term Policy Rate Steady, For Now
The COVID Blow Crashes China’s GDP Growth To 5.0% In 2022
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