The Dow Jones Industrial Average closed lower on Tuesday (Nov 1) after the US said job openings rose in September. This indicates that the US job market remains strong. And it could prompt the US Federal Reserve (Fed) to continue accelerating interest rate hikes. The Dow Jones Industrial Average closed at 32,653.20 points, down 79.75 … Read more
The Dow Jones Industrial Average closed more than 800 points higher on Friday (Oct. 28) following the release of Personal Consumer Spending (PCE) data, which indicates that US inflation has surpassed its peak. And it will ease the pressure to accelerate the Federal Reserve (Fed) interest rate hike, which is meeting next week on monetary … Read more
Share on WeChat Open WeChat, click “Discover” at the bottom,Use “Scan” to share web pages on Moments. First financial 2022-10-28 09:41:44 Editor in charge: Zhu Mengyun Yesterday the Bank of England raised interest rates again and the United States also released a series of data. Since September, the UK government has been trying to stimulate … Read more
Jakarta, CNBC Indonesia – The compact Indonesian financial market closed lower this week. The Composite Stock Price Index (JCI) fell 3.02% and the rupee fell 1.15% against the US dollar (US). The weakening was triggered by concerns from market participants about the potential for a global recession as the US central bank (Federal Reserve / … Read more
Jakarta, CNBC Indonesia – Crude oil prices have fallen freely this week as the issue of the global recession continues to overshadow and suppress the demand for commodities, including crude oil. West Texas Intermediate (WTI) crude oil closed 3.93% lower at USD 85.61 / barrel on Friday (14/10/2022), while Brent closed 3.11% lower. at 91.63 … Read more
New York Gold Futures closed lower on Wednesday (Oct 12) as investors feared it Higher than expected Producer Price Index (PPI) This will accelerate the US Federal Reserve (Fed) to dramatically raise interest rates to control inflation. The COMEX (Commodity Exchange) gold contract will be delivered in December. It was down $ 8.5, or 0.5%, … Read more
The Dow Jones Industrial Average dropped nearly 100 points on worries Producer Price Index (PPI) higher than expected It will be a factor in supporting the US Federal Reserve (Fed) interest rate hike and will lead the economy US in recession. At 20:32 Thai time, the Dow Jones Industrial Average was 29,144.72, minus 94.47, or … Read more
Al-Marsad Newspaper: Muhammad Al-Arian, Allianz Chief Economic Advisor, revealed that America is heading into a devastating recession due to two major Federal Reserve mistakes. “I fear we face a very high probability of a devastating recession that could have been avoided,” El-Erian told CBS’s “Face the Nation” program. Which was considered temporary and therefore does … Read more
New York gold futures closed lower on Friday (Oct 7) under pressure after the US released higher-than-expected non-farm payrolls. This will allow the US Federal Reserve (Fed) to further accelerate interest rates. The COMEX (Commodity Exchange) gold contract will be delivered in December. It was down $ 11.5, or 0.67%, to $ 1,709.3 / ounce. … Read more
The Dow Jones Index continues to decline. Most recently, it fell nearly 600 points after the US released more than expected non-farm payrolls. This will be a factor that will help the US Federal Reserve (Fed) accelerate interest rates. At 23:50 GMT, the Dow Jones Industrial Average was 29,338.80, down 588.14 or 1.97%, while the … Read more