Tag: market
Wall St Week Ahead Cloudy valuations give investors pause in buying beaten-up U.S. stocks
Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors' ability to...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...
Types, uses and impacts of crude oil
Crude oil is a liquid fuel source located underground.It is extracted by drilling Wells.Crude oil is used in transportation, petroleum products and plastics. composition: Fifty to...
NFT’s top 10 categories
By classifying the mainstream NFT, we observe that the scope of NFT extends far beyond traditional art/collectibles.More and more NFT projects have started to...
Credit Suisse is pushing interest rates towards 10 per cent
The interest rate on credit Suisse's latest bond issue hit 10% as the bank seeks to pay out billions of dollars in compensation to...
German finance Minister disapproves of ECB, ‘where’s the bond market risk’
In Europe, caught up in a financial shock, a familiar drama is unfolding. At a closed-door meeting Thursday local time, German Finance Minister Christian Lindner...
The ECB could hedge under the new facility
To avoid stoking inflation, the ECB may opt to neutralise bond purchases under its new crisis-fighting facility. Bond purchases by the ECB through any new...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...