The Fitch rating has cut the world’s GDP growth by 0.7pp to 3.5% in 2022. Like every year, Fitch Ratings conducts its unique and trustworthy economic forecasts, but this year’s forecasts are somehow discouraging and alarming. The Ukrainian war started on the 26th, while some experts believe that the war is in its final days. […] More
The U.S. Treasury yield rose to 2.28%, which is the highest record since 2019 Monday morning was an overwhelming morning for Wall Street and investors as a result of the recent comments by Powell, the Fed chairman. The market is changing rapidly, and we’re afraid it’s taking a negative direction. According to Reuters, the Wall […] More
Homebuyers accounted for 29% of February’s sales, down by 2% from last year’s sales. In the past month, we briefly spoke about the housing market and its future outlook, as expected, the market still faces hard challenges. Mortgage interest rates are at their three-year high, and they will continue like that. On Wednesday, the Federal […] More
Fed chair Jerome Powell says “the economy can handle multiple hikes without slipping into a recession. Based on yesterday’s Fed meeting, we have come to realize that the condition of rising interest rates was somehow encouraging for the policymakers. Due to the decline in the COVID cases and the strong, and stable consumer demand, the […] More
The U.S. stock market is threatened by a combination of slow growth and high inflation. Since the all-time record in January 2022, the stock market has been unconvincing and fatiguing for traders and investors. Investors felt the danger and the high vitality that the market is carrying now. The Russian and Ukrainian wars have encouraged […] More
The central bank’s policymakers will face a tough challenge this Wednesday meeting The war, inflation, and pandemic are all putting enormous strain on federal policymakers. Investors are now focusing on Wednesday’s meeting, which is expected to include the first interest hike of this year. Central banks are scheduled to exceed their first interest hike this […] More
Gasoline prices have been rising across the U.S; setting new highs as the war gets more violence As the war continues for its second week, the increase in the prices of Brent crude, oil, and natural gas continues. In the U.S, it is the state of California that has the highest gas price rate, estimated […] More
Oil and precious metals prices, when this madness will stop? Back in 2008, Goldman Bank forecast that the oil barrel would be worth approximately $175 per barrel, and this year it has made the same forecast. It won’t be a surprise when oil barrel prices rise to that price. On the other hand, JB Morgan […] More
The Wall Street index bounced back. The U.S dollar fell, and the Euro rose on Wednesday morning. This week plays a crucial role in the U.S local economy and the global economy. The Russian military invasion continues and the consequences are catastrophic, as experts believe. This Thursday, the U.S. CPI will initiate the job claims […] More
The United States has no idea how to deal with the shocking increases in oil and energy industries. It remains unknown how the U.S. government will deal with the shocking increases in oil prices and energy prices as well. The February consumer indexes were released last week, revealing numbers that the least thing you can […] More
The S&P and the Dow Jones industrial average will declassify Russia as an emerging Market Is it the end of the Russian economy and what does it mean for the European stock market and the global economy? An official representative of S&P Dow Jones announced on Monday morning that all listed Russian stocks would be […] More
The Dow Jones industrial average is on track for its fourth straight losing week. The Ukrainian war and the Russian invasion continue, and experts believe it will take months or even years for both parties to compromise. However, the war is already having an impact on the US stock market, with the Dow Jones Industrial […] More