n the Asian session, the Australian ASX200 index fell by 0.17%, the Chinese Shanghai index fell by 1.10%, while the Japanese Nikkei index rose by 1%, and among the European session indices by the beginning of today’s trading, the German DAX index fell by 0.27%,...
Yesterday, the European Central Bank announced that it would increase the interest rate by 25 basis points, bringing it to 3.75 percent. This means that monetary policy makers in the eurozone will keep doing what they’ve been doing in order to stop inflation and...
The markets are moving significantly this week due to a number of risk events. After rising interest rates in the US and euro area, the market is ready for today’s release of significant data from the Bureau of Labor Statistics, including the unemployment rate,...
The Federal Reserve hiked the interest rate to 5.25% yesterday evening, as expected, to tighten policy. Investors and researchers are wondering how future monetary policy moves would affect the US and global economy. After raising the interest rate by 25 basis points,...
Top News in Global Markets: Standard & Poor’s Global released its Manufacturing PMI for Canada, which came higher than previously in April. The Institute for Supply Management released the Purchasing Managers’ Index (PMI) for the...