US Dollar Rises on Federal Reserve’s Monetary Policy Statements and Bond Yields

US Dollar Rises on Federal Reserve’s Monetary Policy Statements and Bond Yields

U.S. dollar The US dollar recorded a strong rise during trading today, Friday, benefiting from the statements of decision-makers within the US Federal Reserve, which hinted at the bank’s willingness to continue raising interest rates during its upcoming meetings to curb high inflation, and the following are the most prominent influences on the performance of … Read more

VNG: Vietnam’s First Unicorn Startup to Go Public on US Stock Market

VNG: Vietnam’s First Unicorn Startup to Go Public on US Stock Market

Vietnam’s unicorn startup VNG emerges as a tech company The first listed on the US stock market #unicorn #startup #Vietnam #tech companies #US stock market #US #IPO #stocks #Thai economy #mouth #Thai people need to know #employment #make money got #newest #salary #inflation #financial #politics #impact on Thai people #cold world #cold world #cold world … Read more

Baht Value Update: The Impact of Foreign Investments and US Economic Data

Baht Value Update: The Impact of Foreign Investments and US Economic Data

Mr. Poon Panichphiboon, money market strategist, Krungthai GLOBAL MARKETS, Krung Thai Bank Revealing the value of the baht opened this morning (23 Aug) at a level of 35.02 baht per dollar. slightly depreciated Almost unchanged from the previous day’s closing level of 35.00 baht per dollar. And looking at the baht frame today, it is … Read more

Rising Inflation in Hungary Leads to Mass Withdrawal of Savings and Increased Government Bond Purchases

Rising Inflation in Hungary Leads to Mass Withdrawal of Savings and Increased Government Bond Purchases

Hungarians do not believe that the economic situation in the country will improve and that consumer prices will go down. Due to inflation, which is now the highest in the European Union, they are withdrawing their savings from banks en masse. They buy government bonds for them because they assume that the state will not … Read more

German Companies Struggle in Sluggish Economy: Würth Runs Out of Breath

German Companies Struggle in Sluggish Economy: Würth Runs Out of Breath

Würth runs out of breath Sluggish economy is causing problems for German companies 08/19/2023, 06:08 p.m Although inflation is slowing down, it remains at high levels. Rising interest rates are making loans more expensive, and industrial production has surprisingly fallen recently. The specific effects of the sluggish economy are shown by the highlights of three … Read more

Yang Ming Reports Loss in Second Quarter due to Drop in Freight Rates

Yang Ming Reports Loss in Second Quarter due to Drop in Freight Rates

Yang Ming lost 0.04 yuan per share in the second quarter. (Provided by Yang Ming) [Reporter Wang Yihong/Taipei Report]Due to the drop in freight rates, Yang Ming lost 0.04 yuan per share in the second quarter. This is Yang Ming’s first loss since the third quarter and 12 quarters of 2020. Yang Ming’s revenue in … Read more

July Year-on-Year Inflation in Czech Republic Lower Than Expected: Food Prices Drive Slowdown

July Year-on-Year Inflation in Czech Republic Lower Than Expected: Food Prices Drive Slowdown

July year-on-year inflation of 8.8 percent was a tenth of a percentage point lower than the Czech National Bank (ČNB) expected in its latest summer forecast. For example, food prices rose more slowly than the central bank expected. On the contrary, regulated prices rose faster. They grew by 22.5 percent, while the CNB expected a … Read more

Inflation Data Impacts European Stock Exchanges: Ftse Mib and Ftse All Share Down, Wheat Prices Soar, Monte dei Paschi di Siena Surges

Inflation Data Impacts European Stock Exchanges: Ftse Mib and Ftse All Share Down, Wheat Prices Soar, Monte dei Paschi di Siena Surges

With operators’ expectations concentrated on the inflation data which will be released from mid-week, European stock exchanges without a precise direction with the Ftse Mib index which closed down by 0.14% to 28,547 and the Ftse All share in drop of 0.19% to 30,549. London also closed down by 0.1%, while Paris and Frankfurt remained … Read more

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more