NEWS05 NOV 2022
PM Matteo Meloni Borrows More to Solve Italy’s Energy Problem
The Treasury has published the year’s Economic and Financial Document (DEF). Giorgia Meloni’s cabinet authorized the paper, which included…
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Financial News
Every entry published under this category, with original dates and authorship preserved.
176 ENTRIES · LANG EN · SECTION NEWS
NEWS03 NOV 2022
Stocks Drop as Powell Warns of Further Fed Rate Hikes
The stock market fell significantly on Wednesday. This came as Federal Reserve Chair Jerome Powell warned that inflation was still too…
FX03 NOV 2022
The Pace of Rate Hikes by Central Banks Typically Slows in October
Four of the ten most frequently traded currencies’ central banks upped their benchmark interest rates. Over the last month, the currencies…
NEWS29 OCT 2022
Major Oil Company, Shell, Announces Dividend Increase
On Thursday, Shell revealed greater quarterly earnings. Additionally, its decreased refining and trading income broke its record profits…
NEWS28 OCT 2022
Looming Global Recession as U.S. Trade Sanctions Provoke Invasion of Taiwan
The survey was in response to the Commerce Department and Biden administration’s trade restrictions targeting China’s semiconductor…
NEWS28 OCT 2022
By 2023, Japan Plans to Allow Digital Salary Payments
Companies and firms in Japan will soon be able to pay employees using money transfer fund vendors. Cryptocurrencies, meanwhile, are not…
NEWS27 OCT 2022
Mercedes-Benz Pulls Out of Russia and Sells Shares to A Domestic Investor
On Wednesday, Mercedes-Benz, a German automaker, revealed some information. The company announced that it is quitting the Russian market.…
NEWS25 OCT 2022
European Markets Rise on Expectations of Central Bank Policy Relaxation
The Stoxx 600 index for all of Europe has risen by 0.40% as of 03:20 ET (07:20 GMT). Additionally, the CAC 40 in France and the DAX in…
FX23 OCT 2022
Asia’s FX Crashes on Fed Worries, Offshore Yuan Drops To All-Time Low
The value of the Chinese offshore Yuan hit a new low on Thursday. The bulk of other Asian currencies has also decreased at the same time.…
NEWS19 OCT 2022
Due To Rising Cost Of Living, UK Inflation Has Reached 40-Year Highs
The cost of living issue is impacting people and businesses in the UK. In preparation for a severe winter, pressure has been intense. This…
NEWS19 OCT 2022
BoC Undersized Rates Points And Signals Higher Figures Ahead
The Canadian Central Bank drifts off course as it prepares to step down interest rates figures. The bank plans to forward 50 basis points…
NEWS18 OCT 2022
After BAC Reports Profit and UK Tax U-Turn, U.S. Stocks Rise Strongly
Monday’s Dollar drops boosted equities. Investors expected bond market volatility to decrease before Wall Street results in the week. The…
FX18 OCT 2022
Britain’s Budget Proposals Impact Both Dollar and The Pound
At 03:10 Eastern Time, the Dollar Index fell by 0.3% to 112.828. (07:10 GMT). This came after rising by over 18% this year. Before the…
NEWS15 OCT 2022
The IMF Warns Asian Nations About Growing Debt and Capital Outflow
The International Monetary Fund has issued a warning. According to the alert, rising interest rates will cause more money to leave Asia and…
NEWS13 OCT 2022
Intel’s Shares Rise After News of Massive Layoffs
Tuesday saw a rise in the price of Intel Corporation (INTC) shares. This occurred after a report published by the chipmaker about shedding…
NEWS11 OCT 2022
New steps to Improve Pension funds: Bank of England
The Bank of England has stated that it will raise The daily cap for its auctions. It suggests that the pace at which it has been acquiring…
NEWS10 OCT 2022
Insights on The U.S. and China Trade Tensions and Federal Reserve Concerns
The blue-chip CSI 300 Index (Shanghai Shenzhen) and the SSE Composite Index (Shanghai Composite) have fallen. The declines for each index…
NEWS06 OCT 2022
Yields In the Eurozone Rise a Little as Attention Turns to ECB Minutes
Investors await the minutes from the European Central Bank meeting conducted in September. Seventy-five basis points were raised for each…