St. Louis Fed James Bullard Admitted Fed’s Monetary Policy Had Only “Limited Effects”
U.S. stock futures are trading cautiously higher this European afternoon.
November 18, 2022
1858
Currencies
Wall Street equity futures dropped and stocks in Europe fell as investors assessed hawkish comments from Federal Reserve officials and awaited remarks from Chairman Jerome Powell for clues on further path of interest rates amid a slew of corporate layoffs ranging from hi tech heavyweights like Amazon.com (AMZN) to banking giant Goldman Sachs Group (GS).
January 10, 2023
1825
1858
China’s PBOC Intervened Ordering Banks to Sell Dollars to Strengthen Renminbi
U.S. equity futures traded higher in late premarket this European afternoon after closing lower yesterday.
October 17, 2022
1819
IMF Predicts Global Growth to Slow to 2.7 Percent
The International Monetary Fund predicts global growth will slow to 2.7% in 2023.
October 12, 2022
1945
British Pound Nosedived to 37-Year Low on Proposed Tax Cuts
Global risk assets extended their selloff this European afternoon as fears of rapidly escalating inflation, geopolitical risks and global recession continued to weigh.
September 26, 2022
1748
Global Stock Markets Spooked by Central Banks’ Hard Stance on Fighting Inflation till the End
Stocks fell Monday as worries over rising rates and tighter monetary policy added fuel to a rout that began in the previous session.
August 29, 2022
1707
Turkish Lira Nosedived to Historic Lows after Shocking Rate Cut amidst Raging Inflation
Turkey’s Central Bank again astonished global economists by sharply cutting its key interest rate to 13%: under 80% (a 24-year high) consumer inflation the lira broke all-time low and went into free fall.
August 19, 2022
1809
Euro Rapidly Approaching Parity with USD: What’s Next?
The euro collapse remains the hottest topic on global markets, and this is why it’s worth revisiting it more often than ever before.
July 8, 2022
2045
Japanese Yen’s Decline is Fully Explainable, but It Becomes Too Dangerous by Its Colossal Momentum
The Japanese Yen fell to a 24-year low against the U.S. dollar, reflecting the divergence in monetary policy actions between the U.S. Federal Reserve and the Bank of Japan (BOJ).
June 30, 2022
1904
The Ruble Expectedly Turned into a Counteroffensive against the Dollar and Euro on Monday
Trading in the currency section of the Moscow Exchange opened with accelerating declines of both dollar and euro against the ruble.
May 30, 2022
1510
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