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

dollar
Forex

The US dollar changed a little in European morning trade on Thursday.

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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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Roubles

Ruble Weakens to 63 vs. Dollar

The Russian ruble dropped to 63 per dollar on Monday as investors’ appetite for risk decreased due to concerns about the impending recession and pressures on global inflation. Investors were also anticipating the Bank of Russia’s rate-setting meeting. Markets

Dollar

The Dollar Fell Against the Major Currencies

The US dollar fell against other major currencies on Friday as concerns about the state of the US economy resurfaced ahead of producer inflation data later in the day and a Federal Reserve interest rate meeting next week. Following

Dollar, Aussie, Kiwi, monetary policy

The Dollar Is Flat as The Outlook for Growth Dims

The Dollar Is Flat as The Outlook for Growth Dims The dollar showed little movement on Wednesday. The Chinese yuan strengthened simultaneously as the authorities relaxed some of the nation’s zero-COVID regulations. Leading bankers from JPMorgan, Bank of America,

Dollar

The U.S. Dollar Edged Higher

The dollar increased, extending the previous session’s substantial gains following strong U.S. services data. At the same time, the euro fell despite strong German industrial production figures. The dollar Index rose 0.1021% to 105.3102, following a 0.7% gain on

Equity Futures Drop

Equity Futures Drop

Investors assessed hawkish comments from Federal Reserve officials. In addition, they awaited remarks from Chairman Jerome Powell for clues on the path of interest rates. This resulted in a drop in Wall Street equity futures and European stock markets.

US Dollar bills

The U.S. Dollar Held Steady

The U.S. dollar held steady on Wednesday as traders awaited this week’s consumer price data to see if it would confirm that inflation is slowing. The euro fell against the dollar after a policymaker for the European Central Bank

Oil prices and interesting details

Oil Prices Remained Steady

Tuesday’s oil prices remained stable as traders anticipated the Federal Reserve’s rate hike plans and assessed their potential effects on the economy and fuel demand. March Brent futures were up 7 cents, or 0.09%, to $79.72 per barrel. WTI

stock exchanges; global crisis written on paper – wibestbroker

How Will the 2023 Recession Differ from The 2008 Recession?

The early 1980s hyperinflation set the stage for the Fed’s current actions. The Federal Reserve raises interest rates and tightens the money supply to cool an overheated economy. This causes the economy to contract and ultimately leads to a

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

The Economic Turmoil Is Here To Stay

The Economic Turmoil Is Here to Stay

Scott Morrison has acknowledged that costs of ordinary things are rising. Still, he has emphasized that this is due to external reasons. On Friday, Opposition Leader Anthony Albanese emerged from COVID-19 solitude; hence, the campaign trail’s attention shifted back to growing living costs. According to the prime minister,

Russia

Russia Rejects Germany’s Ruble Payment and Supply To Poland

Bloomberg reported that Russia’s Gazprombank rejected a ruble payment from a trading business Germany had seized from Moscow. The payment was for gas deliveries to Germany and Austria in April and May. Russia cut off gas supplies to Poland and Bulgaria on Wednesday. According to Bloomberg, Russia’s Gazprombank

gas

Poland’s Biggest Gas Supplier Ceases Operations in Poland

On Wednesday, Russia will cut off gas supplies to Poland; it will escalate the stalemate between Moscow and Europe over energy supplies and the Ukraine crisis. Moscow appears to be following through on a promise to cut off gas supplies to nations who refuse to pay in rubles,

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

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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