Tag Archives: Stocks

The United States announced that all flight passengers arriving from China will be required to show a negative Covid test result before flying to the States. The decision will come into force as of January 5.Risk sentiment is lukewarm amid fresh concerns over the covid spread worldwide once again. The …

After the EUR/USD pair had made a run to weekly highs, it eventually retreated. The pair now is closer to the daily low as US yields rise.The stocks market turns negative, while crude oil sinks. The EUR/USD pair failed to break the current range despite hitting the highest level in …

The dollar fell against most currencies in volatile and weak trading on Friday after data indicated a slight slowdown in inflation in the United States, which boosted expectations of the Federal Reserve raising interest rates at lower rates and improved investors’ appetite for risk. The personal consumption expenditures price index …

Financial markets’ sentiment was still negative for most of the previous trading week amid accelerating recession-linked fears. This development, for sure, reinforced US Treasury bond yields but the US stock futures and equities in the Asia-Pacific region maintained mostly dull performance ahead of the final batch of data from the …

US equities sank on Friday. US equities are also heading towards a second-straight weekly loss, as more negative and disappointing news on the US economy accelerate a sure decline. The S&P 500 Index and Dow Jones Index were lower around 1.5%, while the Nasdaq fell 1.3%. Earlier in the session, …

MSCI’s all-country world index, a gauge of stock performance in over 40 countries, fell 1.26% to record a third lower successive day after hitting a three-month high last week.An analysis by MSCI ESG Research noted 32 factors and risks that businesses and investors should consider for 2023 and beyond when …

Annual inflation in Japan rose in October to 3.7%, after it had recorded 3% in September, bringing it to the highest level since January 1991, in light of the rise in commodity prices and raw materials coinciding with the weakness of the yen. The biggest pressure came from food costs, …

Sunak has acknowledged that his country is dealing with “profound economic challenges,” and he is stepping in at a pivotal time as the country needs some stability. Sunak is feeling the pressure of trying to gain investors’ confidence following the financial fallout caused by last month’s controversial tax cuts.The markets …

Stocks escaped an early decline and, instead, marched higher on Wall Street as investors await information on inflation and corporate earnings. worries about recessions are hitting major economies worldwide. The S&P 500 rose 0.6% as of 12:52 p.m. Eastern. The benchmark index fell as a much as 1.2% earlier after …

The dollar fell last week, as commodity bulls took some breathing; However, this decline was short-lived, as the dollar jumped again to its highest level in 20 years. The dollar’s rise to a high of 112 from a one-week low came, moving back towards levels not seen since May 2002, …