Global Stock Market

Japan’s Nikkei snapped a seven-day winning streak on Monday, dragged down by a decline in Wall Street in the previous session. Investors awaited US gross domestic product data and this week’s Federal Reserve meeting. The Nikkei index fell at the close 0.77 percent to close at 27,699.25 points, retreating from …

The US dollar fell over the past week by more than 1.5%, and closed at 106.410 last Friday. The US Treasury yields declined, but the gap remains large between the two-year yields of 2.9721 and the 10-year yields of 2.754. Following the conclusion of its two-day policy review meeting on …

The US yield curve is still inverted, this has continued for 14 successive days. Fragile market sentiment prevailed on Friday, as equities are seesawing, due to US S&P Global PMI data, flashing a contraction in the services sector and its Composite index, while traders seek safety towards US Treasuries, with …

US stocks retreated on Friday, snapping a three-day winning streak, as some surprisingly weak quarterly updates from companies spooked investors.The S&P 500 fell 37.32 points, or 0.9%, to 3961.63 a day after the broad benchmark index jumped 1%. The Dow Jones Industrial Average edged down 137.61 points, or 0.4%, to …

Japan’s headline inflation gauge rose over the past month, exceeding the 2% target level set by the Bank of Japan. The CPI growth rate, excluding fresh food, accelerated to 2.2% in June annually. This came as energy cost inflation was exacerbated by the weak yen and higher processed food prices. …

The Japanese Nikkei index rose to its highest level in more than 6 weeks at the close on Friday, July 22, supported by gains in growth-related stocks that followed the path of gains on Wall Street in the evening, and the shares of shipping companies, which rose after recording strong …

The Ukrainian Government Commissioner for Public Debt Management, Yuri Potsa, said Thursday, July 21, that Kyiv is talking to major international financial institutions about ways to reduce debt payments soon. The comments came a day after Ukraine demanded its international creditors, including Western powers and the world’s largest investment firms, …

All eyes focused on the ECB on Thursday, amid a series of events taking place in the European Union. The most relevant was the central bank’s monetary policy decision on hiking rates by 50 bps, the first hike in over 11 years, and the awaited move away from negative rates. …

Snap announced the company’s second quarter earnings after the closing bell on Thursday, missing Wall Street’s expectations, so shares fell by 23% in after-hours trading.Average revenue per Snapchat user fell 4.5% year-over-year, and the company said it was not providing Q3 guidance given the current financial climate.Snapchat’s earnings follow the …

Ukraine’s central bank has devalued the country’s hryvnia currency by 25% against the US dollar to help the country deal with the growing economic impact of the war with Russia. The Central Bank of Ukraine said in a statement that it set the new hryvnia rate at 36.5686 to the …