Japanese shares closed lower on Thursday, June 17, as investors sold shares of technology companies and the drugmaker after a weak close on Wall Street after the US Federal Reserve signaled earlier-than-expected interest rate increases, while the financial sector shone with a rise in US Treasury yields. The Nikkei index …

Britain recorded the highest daily number of new cases of Coronavirus since February, which increases indications of the spread of a new, highly contagious mutation first discovered in India. The government recorded 9,055 cases of infection, which is the largest number since February 25, and more than a fifth of …

Gold prices rose on Thursday, recovering some of the losses incurred in the previous session after the US Federal Reserve hinted that it may raise interest rates earlier than expected. And gold rose in spot transactions 0.5% to $ 1820.34 an ounce (an ounce). US gold futures fell 2.1% to …

The Turkish lira traded around 8.5 against the US dollar after a volatile start to the week, amid strained US-Turkish relations and persistent concerns about the central bank’s credibility ahead of Thursday’s policy meeting. Earlier this week, President Recep Tayyip Erdogan reiterated his country’s position on the S-400 missile defense …

Housing Starts in the US rose by 3.6% on a monthly basis in May following April’s drop of 12.1% (revised from -9.5%), the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Wednesday.

Annual inflation in Canada, as measured by the Consumer Price Index (CPI), rose to 3.6% in May from 3.4% in April, the data published by Statistics Canada revealed on Wednesday. This reading came in higher than the market expectation of 3.5%. On a monthly basis, the CPI remained steady at …

Inflation in Britain unexpectedly jumped, exceeding the target of the Bank of England in May, reaching 2.1%, in the context of the rise in prices after the end of the general isolation measures from Corona, which is expected to gain momentum. This acceleration of the consumer price index after recording …

Gold settled and moved in a narrow range on Wednesday, June 16, as investors awaited the outcome of the latest US Federal Council meeting for indications of a possible reduction of economic support measures, while the dollar’s rise imposed pressure on the yellow metal. There was little change in gold …

The FOMC meeting will be the main event for the market today. We don’t expect the Fed to send any significant new policy signals, but now updated forecasts will likely show a first rate hike in 2023 and we may see the first comments from the Fed on Possible tapering …

German IFO institute cut the country’s 2021 GDP growth forecast to 3.3% from 3.7% previous due to supply bottlenecks, the latest report showed on Wednesday. German current account surplus to shrink from 7% in 2020 to 5.8% in 2021 and 4.9% in 2022.