US stocks closed with big gains on Wednesday, supported by a jump in the Nasdaq index, amid investor optimism ahead of the US inflation report, which could pave the way for the Federal Reserve (the central bank of the US States) to slow the pace of raising interest rates. Economists polled by Reuters had expected … Read more
Former Federal Reserve Chairman Alan Greenspan has warned that the US economy will experience a recession due to the Fed’s tightening policies. Greenspan added: “Although the last two inflation reports have shown a slowing rate of price increase, that doesn’t change the fact that prices are still rising… Official inflation data may remain weak in … Read more
The same thing The first trading day of the year passed on a positive note, creating an upbeat mood for the whole week. But you shouldn’t delude yourself: short-term factors largely influenced, while medium-term risks have not disappeared anywhere. Optimism can persist for some time, but it cannot yet be called stable. Moreover, the external … Read more
Russia’s central bank maintained its key interest rate at 7.5% for a second consecutive meeting on Friday, December 16, but indicated that inflation risks are rising. The Bank of Russia has cut interest rates 6 times so far this year and the key rate remained stable at 7.5% in October, after cutting 50 basis points … Read more
A Reuters poll reported The US dollar could recover Against a number of other currencies within the next year, due to growing concerns about the possibility of an economic recession in the US, which increases the demand for the US dollar as a safe haven in times of economic turmoil. In light of expectations on … Read more
The crisis #Lebanon is going through has seen nothing like it in its history since independence, and the many comments from political commentators and economic experts add frightening dimensions to the climate of indecision.In this article, we want to present common fallacies that have come to represent the beliefs of ordinary Lebanese people unfamiliar with … Read more
US stock index performance was mixed at close of trading on Friday, December 2, following the monthly jobs report, but the indices posted their first collective weekly gains since October. Equity indices managed to erase earlier losses, with markets evaluating the data releases and their impact on the Federal Reserve’s decision at its next meeting … Read more
Most US stock indexes fell by close of business on Thursday, December 1, in light of tight anticipation of the monthly US jobs report. US Federal Reserve chief Jerome Powell said on Wednesday that the Fed could start cutting interest rates soon, perhaps at its current December meeting. Investors are awaiting the next monthly … Read more
The same thing Russian stock exchange ended last week at about 2200 points on the Moscow Stock Exchange index. The downward trend in participants’ trading activity continued. Trading volume in index stocks on Friday was the lowest since early autumn. The market is still in a flat condition, consolidating with no pronounced dynamics. The decline … Read more
European equities rose at close of trading on Wednesday Nov. 23, supported by gains in the mining and retail sectors. Investors await the release of the minutes of the US Federal Reserve meeting, looking for clues on the direction of monetary policy. At the close of trading, the Stoxx600 index rose 0.60% to 438 points. … Read more