Thursday, Wall Street losses are dragging investors’ sentiments down It’s been nearly seven weeks since the start of the war between Russia and Ukraine, and now experts are describing it as the worst crisis since the Cuban crisis. The latest report revealed that the agriculture sector is suffering because of the war due to several […] More
The U.S dollar climbs to its highest level since May 14, 2021. Fears of rising global tensions between Western countries and Russia drive the U.S dollar to a new high against Euro. However, the American currency remains threatened due to recent collaboration between Russia and China. The Kremlin and Beijing agreed to conduct all oil […] More
The March Core CPI reading came below economists’ expectations. Investors finally got today’s consumer index report at 8:30 AM, which came with some positive news for the stock market. As analysis expected, March’s inflation rate is 8.4% year over year, which is the highest rate since 1981. However, as for the March consumer index, economists […] More
Amid concerns about inflation increases and a market crash, small businesses and restaurants will benefit from a $55 billion aid support. Were the Federal Reserve policymakers wrong about their inflation forecasts? Well, this is the most frequent question in recent weeks. The stock market suffered a setback this morning as investors worried about expected price […] More
The big six U.S banks’ investment banking revenues will decline by 35% in the first quarter. The Kremlin announced this morning that its special military operation might end soon since it has served its purpose. The war has increased fears and worries among global investors and banks. Today, the E.U announced that it has frozen […] More
The Russian ruble is at its near-normal level compared to the U.S dollar The western sanctions against Russia were considered two-edged swords, and we are seeing their results now. At first, the sanctions were meant to tighten the Russian economy, but Putin was smart, and now the rubble is at its highest level since the […] More
The central bank will raise interest rates steady while starting a balance sheet reduction. According to the latest development between Russia and Ukraine, Russia conducted a military operation and hit major Ukrainian oil facilities. On top of that, various reports say that the Russian military force has committed war crimes in Ukraine. The European Union […] More
A disaster might hit the U.S. economy. How is that? Despite concerns about new sanctions against Russia and their impact on the global supply chain, the S&P and NASDAQ led the gains this morning. The giant social media site, Twitter, bounced back by 20%, recording one of its best shares climbs since the pandemic. Global […] More
Despite the March labor growth report results, the market is still in a healthy position. This Friday morning, the Bureau of Labor Statistics issued March job growth and an unemployment rate. The report wasn’t surprising for investors and economists. The U.S is dealing with three fronts, which are inflation, the Russian war, and interest hikes. […] More
The inflation-adjusted rate in the United States fell by 0.4% in February, exceeding experts’ expectations. Treasury yields remain lower, mortgage rates are climbing steadily, the S&P started today in a low position, and the USD remains high. The inflation rate is rising and accelerating at high rates, and experts are raising red flags. The U.S […] More
Fuel prices are near record highs after rising fears of tight supplies and new sanctions against Russia. Fuel prices are near new record highs. Oil prices rose by 3% this Wednesday morning, and gasoline is getting closer to the 11th March record of $4.33 per gallon. The Russian war and its impact are putting their […] More
Wall Street sentiment is improving following Tuesday’s gains, and the Russian ruble has rebounded to its highest level in the last 30 days. The Russian ruble rose on Tuesday morning to its highest level in the past 30 days. The Russian currency had plummeted as a result of US sanctions against Russia. On March 7, […] More