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
Stock market indices and conditions, oil, gold and foreign money markets on 6 October 2022 – The Dow New York Stock Exchange closed down more than 300 points on Thursday (October 6) due to market pressures An accelerated rate hike by the US Federal Reserve (Fed) will push the US economy into recession. As investors … Read more
HOUSTON – The price of gasoline could rise again after the Organization of the Petroleum Exporting Countries (OPEC) and Russia agreed to reduce crude oil production by two million barrels starting in November, which means 2% of the world production. Monetary and fiscal policies in advanced economies, including continued interest rate hikes, could push the … Read more
Dow Jones Index Swings More recently, it fell more than 100 points, fell 31,000 points as investors watched US economic data. This indicates the direction of the US Federal Reserve (Fed) interest rates. At 11:26 pm Thai time, the Dow Jones Industrial Average was 30,977.47 points, minus 157.62 points, or 0.51%. Energy stocks lead the … Read more
The dollar index strike a 20-year substantial on Thursday and strike a 24-12 months large in opposition to the desire fee-delicate Japanese yen following U.S. knowledge confirmed the economic climate is robust and resilient, providing the bank US central additional space for powerful fascination level hike to control hyperinflation.The greenback strengthened after a governing administration … Read more
Jakarta, CNBC Indonesia – The detrimental economic growth that transpired in the first 50 percent of 2022 was a intense blow to the United States (United states). The “nightmare” is predicted to carry on. US economist Stephen Roach, longtime head of Morgan Stanley Asia, stated the US requires a “wonder” to avoid a economic downturn. … Read more
Washington (Reuters) The US economic system contracted in the 2nd quarter at a slower pace than originally imagined, as purchaser paying out eased some stress on expansion prompted by the slowing pace of inventory build-up, which decreased fears of a recession , while a report from the Office of Labor confirmed a decrease in preliminary … Read more
The Dow Jones Industrial Common closed decreased on Friday (Aug.19) amid fears The US Federal Reserve (Fed) could increase curiosity costs by .75% for the third time in the course of its September financial coverage assembly. This could guide the US economy to face a recession. The Dow Jones Industrial Average shut at 33,706.74, down … Read more
Industrial creation in the US rose a lot more-than-envisioned in July, indicating underlying energy in the production sector even with declining small business self confidence. The Federal Reserve stated on Tuesday that industrial manufacturing rose .7% previous month, adhering to a decrease of .4 in June. Economists interviewed by Reuters had envisioned production to enhance … Read more
Jakarta – The United States (US) economy is said to be on the brink of recession. Quotes CNN, mentioned that many Americans who come from the middle class group began to have difficulty paying credit on time. This was conveyed by credit card companies and wireless carriers this week. On Thursday, credit card companies Discover … Read more