Tag Archives: Trump

Donald Trump’s social media platform, known as Truth Social soared on its first day of trading. The stock soared by roughly 50% after hitting the Nasdaq exchange under the ticker symbol DJT, but then dipped by the closing bell. The stock ultimately ended the day at $57.99, translating to a …

The US dollar has rallied and was able to hold on to gains after the January Jobs Report, with the US Dollar Index popping over 103 and on track to break 104 soon. At the time of writing the Dollar Index is at the 103.883 mark.The NFP report showed a …

European Central Bank President Christine Lagarde has emphasized the importance of Europe’s strong domestic market and single market to counter potential Trump’s return to the White House. She stated that the best defense against Trump’s return is an attack, which would require a deep, single market. The reelection of US …

Geopolitical risks remain high and economists discuss what to look out for in 2024. Severe geopolitical shocks and persistent tensionsThe new year could mark a watershed for political and military support for Ukraine, particularly as elections will be held in the US Military support from the US is critical, and …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development Department at Noor Capital and member of the US Society of Technical Analysts, commented on the latest developments of the financial markets; and most notably oil and the upcoming Fed’s policy decision. Fed Hashad said US Federal Reserve Governor …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development Department at Noor Capital and member of the US Society of Technical Analysts, commented on the latest developments of the financial markets; and most notably oil and the upcoming Fed’s policy decision.First: OilAsked whether the unmistakable surge of oil …

Officials said that the OPEC + bloc will likely adhere to modest oil production increases when it meets on Wednesday, with Saudi Arabia and the United Arab Emirates, two of the largest members of the Organization of the Petroleum Exporting Countries, complying with the agreement with Russia, despite the expansion …

The Organization of the Petroleum Exporting Countries and its allies led by Russia, known as OPEC+, have been unwinding historic production cuts they instated in 2020 after the pandemic caused an unprecedented fall in global demand.Then, former US President Donald Trump intervened to encourage Riyadh and Moscow to end a …

The Federal Reserve will effectuate the first raise interest rates at its 16 March meeting in an attempt to put confront inflation. The big question now is whether policymakers will boost rates by a quarter of a percentage point or a half-point. But there are some Wall Street experts who …

The Trump administration imposed metal tariffs on dozens of countries in 2018, saying that a excess of foreign steel and aluminum threaten US manufacturers out of business and pose a national security threat.The Nippon Steel Corp. plant in Kashima, Japan, in 2018. The Biden administration is expected to announce on …