by Contributed | Sep 21, 2022 | Blog
Stocks fell Wednesday ahead of what many expect to be a third successive jumbo rate hike by the Federal Reserve, while the dollar hit fresh multi-decade highs against the pound and euro after Russia stepped up its war in Ukraine. Equities around the world have been...
by Contributed | Sep 7, 2022 | Blog
Equity markets suffered more losses in Asia on Wednesday and the dollar extended a rally after a forecast-beating US economic report gave new life to talk of a third straight blockbuster interest rate hike next month. The services sector data showed the world’s...
by Contributed | Sep 7, 2022 | Blog
China’s export growth slowed significantly in August, customs authorities said Wednesday, as economic uncertainty is exacerbated by strict Covid-19 lockdowns across the country. The weakness in trade comes as global demand for Chinese products weakens with...
by Contributed | Sep 6, 2022 | Blog
European stocks rose Tuesday but gains were capped by Europe’s worsening energy crisis, economic slowdown fears and central bank efforts to contain surging inflation. Frankfurt, London and Paris equities carved out gains nearing the half-way stage, despite poor...
by Contributed | Aug 30, 2022 | Blog
Markets mostly rose Tuesday on bargain-buying following the latest sell-off, but confidence remains at a premium as traders contemplate the prospect of more Federal Reserve interest rate hikes and a possible recession. Wall Street suffered another day in the red after...