Wed, March 29, 2023

economy

Broker News

OANDA Launches CFDs Exposure to Popular U.S. and UK Stocks

OANDA is a long-standing leader in multi-asset retail trading markets. On Monday, the brokerage launched its new Global Markets division featuring CFDs offerings extending beyond European equities to include U.S. and U.K. stocks. This exciting development will surely change how investors approach these markets! The offering allows its customers in emerging markets to trade CFDs …

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dollar, euro,

US interest rates and February inflation statistics boosted dollar

The dollar advanced in early trade as the market turned its view on possible moves in US interest rates on Tuesday amid February inflation statistics. The US consumer price index retreated to 6%. Still, key parts of the report showed negative price increases quickly, showing the Federal Reserve’s lack of room to manoeuvre in response …

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ether

The CFTC head reiterates the future of stablecoins and ether

The CFTC head reiterates the future of stablecoins and ether At a recent Senate hearing, the chairman of the US Commodities Futures Trading Commission (CFTC) reiterated that stablecoins and ether are commodities and therefore fall under its jurisdiction. When using the founder of FTX, Sam Bankman-Fried, in the middle of December, the CFTC claimed that …

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Dollar

January Inflation Exceeds Fed Expectations

After a few economically successful months, the US has had room for optimism. Job data has blown past any expectation, insinuating a recovering economy. Other positive indicators have shown us that expecting a quality of life increase isn’t just wishful thinking. However, January’s inflation data has soured the mood slightly. While it’s nothing to lose …

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Warren Buffett is Hopeful in the Midst of Gloomy US Economy

Warren Buffett is hopeful in the midst of gloomy US economy

Warren Buffett’s Berkshire Hathaway Inc reported poor results in some of its major businesses. The fact reinforces the anxiety surrounding the United States’ economic future. Nevertheless, the billionaire investor remains hopeful. In the fourth quarter, the corporation’s operating earnings declined by 14% to $6.7 billion. This was due to the increasing cost of materials and …

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