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
US natural gas futures fell below $3 due to mild winter weather,
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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Russia Anticipates Higher Economic Returns This Year
The U.S. recession will most certainly harm Asia
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Fed Shuts Down Raging Inflation
Eurozone Economy Unexpectedly Grows
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So far, sanctions on Russian crude oil have “completely failed,” and new
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Russia Anticipates Higher Economic Returns This Year
The U.S. recession will most certainly harm Asia
China Economy Worries Weigh Down EV Stocks
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
Is China’s high-growth era over?
The Dollar Started the Week at A Nine-Month Low
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The Dollar Falls as Markets Rebound
The Dollar Falls as Markets Rebound The U.S. dollar fell on Monday as improved market sentiment lifted stocks and riskier currencies. At the same time, the yen rose on reports that Japan is considering revising a decade-old plan to
The Dollar Remained Just Below the Month’s High
The safe-haven dollar held just below the month’s high against the yen on Friday. Christine Lagarde, president of the European Central Bank, stated that this is not enough and the bank must continue the fight against inflation at a
The Russian rouble recovered some ground
The Russian rouble recovered some ground The Russian rouble reversed some of its Thursday declines to reach its lowest level against the dollar in more than five months as a result of renewed pressure from the West’s price cap
After Softer U.S. Inflation Data, the Dollar Declined
After falling on lower-than-expected inflation data the previous night, the dollar traded near its lowest levels in months against the euro and the pound on Wednesday. This fueled speculation that the Federal Reserve would announce a slower rate hike
Oil rises over 1%
On Thursday, oil increased by more than 1%, helped by hopes that China’s demand outlook and upcoming U.S. inflation data will indicate a slower rise in interest rates. After lifting strict COVID-19 strict curbs, top oil importer China is
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
World May See Itself Nearing Reccession in 2023
The World Bank has recently released its latest report, Global Economic Prospects. The report has slashed its global growth forecasts from projections made in mid-2022 due to worsening economic conditions. In total, the global economic growth outlook for the
Brent Oil Prices Remain Stable
As market participants were pushed in various directions by an unexpected rise in US crude oil and fuel inventories, uncertainty regarding the state of the world economy, and China’s economy opening up, oil prices remained largely stable on Wednesday.
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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 bank to reverse its dovish stance this year. The Chinese yuan rose 0.44% against the
As Europe’s Inflation Slows, the Dollar Declines
The Ruble Has Dropped to An 8-Month Low
Global Economy to Slow Down its Growth
Outlook for the US Economy
The Dollar Remains Stable
The Yen Was a Little Stiff
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.
The UN Deputy Believes The ‘Hindsight Is 20/20’
Amina Mohammed of the United Nations described the Russia-Ukraine situation as “a major jolt to the system.” Mohammed also leads the Global Crisis Response Group on Food, Energy, and Finance, which he previously chaired as Nigeria’s minister of environment. It was established by United Nations Secretary-General António
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
China’s Commerce With Russia Is Slowing But Still Growing
Consumers in The US Paying More for Everything
Russia’s Economy Has A $3.4 Billion Buffer Thanks To Fuels
The Russian Central Bank Dropped Interest Rate To 17%
Why Will a Russia-Ukraine Agreement Be Tough to Achieve?
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