Stock markets in the US as well as in Europe rose alongside oil prices even though the concerns regarding China’s not easing any Covid restraints. Investors’ fears of a possible global economic…
Category: Stock Markets
Hawkish Statements Once Again Derail Stocks
Hawkish Statements Continue To Haunt Investors The index for futures in the US indicates an impressive opening in Wall Street. On the other hand, after succumbing to back-to-back losses in two consecutive…
Stock Markets Crashes Amid Decision Of US Central Bank
Stock markets fell globally but literally crashed in the US on 2nd November. The market saw the worse Wall Street was more interested in knowing the outcome of the Federal Reserve’s meeting….
Main Stocks of UK Close Much Higher After News of Lizz Truss Resigning
The UK has been struggling in most areas, such as the forex market. As the currency pairs continue to drop following various global shifts in policy, the UK is currently going through…
Digital Financial Assets to be Listed on Moscow Exchange by Year End
Just recently, the top exchange from Russia has made an announcement in regards to the adoption of digital assets. Moscow Exchange (MOEX) Supports DFAs The Moscow Exchange has made an announcement that…
Dow and S&P 500 Climb thanks to Upbeat Walmart Results
On Tuesday, the S&P 500 and the Dow recorded gains because of stronger-than-expected outlooks and results from Home Depot and Walmart. These strengthened views regarding the health of the consumers, while the…
Shares Choppy and US Yields Decline in Light of Fed Minutes
On Thursday, there was a decline in US Treasury yields and global shares remained choppy, as investors remained uncertain about the pace of interest rate increases. This was after the release of…
Gold Price Recovery may End if 75 bps Hike is Confirmed by Fed
The month of August has proven to be a green path for Gold. The yellow metal has continued gaining a strong footing and it has also notable climb in its value. Gold…
Voyager Digital’s Shares Dip More than 30% after It Suspends Withdrawals
For a while, Voyager Digital, which is known for the development and commercialization of digital assets’ buying and selling platform. The most attractive feature that the platform has offered the users is…
European Shares Fall Due to Hawkish Central Bank Stance
On Wednesday, European shares dropped over rising fears of an economic recession after chiefs of the US Federal Reserve and the European Central Bank did not shift from their hawkish stance. Indexes…
European Shares Extend Gains on Rising Oil Prices and China Relief
On Tuesday, an improvement in risk appetite gave European shares a boost, as China eased some of its COVID-19 curbs and energy stocks also got a boost due to rising oil prices….
Dollar Eases as Growth Fields Lead to Yield Decline
On Wednesday, the dollar declined as did US Treasury yields over fears that the economy could dip into recession. This was after Jerome Powell, the US Federal Reserve chairman, said that high-interest…
DeFi Protocol Abracadabra’s Stablecoin Dips to $0.91
Last weekend resulted in carnage in the crypto market, which included another stablecoin dipping below its $1 peg on June 18th, Saturday. The crypto asset known as Magic Internet Money (MIM) saw…
Wall St. Gains with Energy and Tech
On Tuesday, afternoon trading saw a rise in US equities due to gain in technology shares, even though retail shares were weighed down because of the disappointing margin forecast of Target Corp….
