Global Stock Market

Japan’s Nikkei fell on Monday, giving up a nine-day rally as investors book profits ahead of the end of the fiscal year this week. The Nikkei index closed down 0.73 percent to 27,943.20 points, after rising about 12 percent in the past nine days, to touch its highest level in …

Geopolitics continued to impact the economic outlook throughout the previous week. Christine Lagarde emphasized the punitive measures were designed to target the regime, not the Russian people, while new “fiscal remedies are still needed” to stabilize Europe’s economy.Russia’s invasion of Ukraine on 24 February has fundamentally brought about deep economic …

US equities were mixed throughout Friday but eventually closed higher for the week after a streak of up and down days on Wall Street as investors digest the path ahead for the US central bank’s interest rate hikes and a host of new sanctions imposed by Western nations against Russia.The …

Russia’s foreign ministry said on Thursday that NATO is reaping terrible results from the decision to pump Ukraine with weapons, Reuters reported citing RIA news agency.These comments do not seem to be having a noticeable impact on the market mood. As of writing, the US Dollar Index was up 0.2% …

Japan’s Nikkei index rose for the ninth consecutive session on Friday, in the longest streak of consecutive gains since September 2019 as investors bought back cheap stocks even after the recent rally pushed traders to book profits. The Nikkei index changed direction, rising 0.14 percent to 28,149.84 points, bringing the …

The first ECB’s interest rate hike may come this year according to Estonian central bank chief Madis Müller. The ECB will stop its bond purchases earlier than expected. Russia’s attack on Ukraine will diminish growth prospects but not the European Central Bank’s efforts to fight inflation.The comments from Governing Council …

With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Thursday showing new orders for US manufactured durable goods tumbled by much more than expected in the month of February.The Commerce Department said durable goods orders slumped by 2.2 percent in February after jumping by …

US jobless claims set a more than 50-year low last week as the red-hot labour market shows few signs of cooling in the near-term. The Labour Department released its latest weekly jobless claims report Thursday. Jobless claims fell by 28,000. Initial jobless claims, week ended March 19: 187,000 versus. 210,000 …

Russia’s foreign ministry said on Thursday that NATO is reaping terrible results from the decision to pump Ukraine with weapons, Reuters reported citing RIA news agency.“NATO summit decision to keep providing support to Ukraine confirms alliance wants the conflict to continue,” the ministry added.These comments do not seem to be …

US President Joe Biden said on Thursday that he thinks Russia should be removed from G20, as reported by Reuters.Key Quotes:“Asked that Ukraine be able to attend G20 meetings.”“Ukraine’s judgment to make whether it cedes territory to Russia.”“Talked about how major wheat producers US, Canada could increase and disseminate more …