Stocks in Europe were hovering around record levels on Wednesday, as they were uplifted by energy and consumer stocks. Investor sentiment was boosted by positive economic data from the U.S. and Europe. The substantial growth in the US and European
With the Omicron coronavirus variant uncertainty looming over the financial markets, all eyes are on global central banks as they are expected to release their policy decisions. Will they taper stimulus sooner than expected or not? The Inflation Dilemma Global
Omicron, the latest COVID-19 variant, has hit financial markets and has compromised economic recovery around the globe as countries were exiting the Delta triggered lockdowns. The week also starts at the wake of a mixed U.S. jobs report. Bitcoin, other
Global stocks went down on Monday, U.S. equity futures went up, Bitcoin is on the rise, oil increased 4%, as investors are pondering the economic implications of Omicron, a new coronavirus strain, that put nations around the world on alert.
Amid surging COVID-19 cases and Europe beginning to impose stricter measures, oil is down, gold is recovering some losses, the U.S. dollar is down, and policymakers are debating on the course of action central banks should follow. Gold & U.S.
The new trading week starts with a weaker U.S. dollar and investors uncertain about inflationary pressures being temporary. New lockdowns are being imposed all around Europe while oil is down. U.S. Dollar The U.S. dollar fell on Monday morning in
The new trading week opens with a weakened U.S. dollar and British Pound while inflation concerns are casting a shadow over global markets. Oil, the black gold, is on a rally while gold- the shiny metal – is also on
The new trading week starts with oil prices reaching multi-year highs, inflation surging, Bitcoin trading around $62,000, and global economies having to deal with the ramifications of the increasing prices. US Dollar The U.S. dollar has had an unsteady start
The new trading week starts in the wake of a weak NFP figure, Bitcoin rising to a level it last reached in May, Asian stocks rising, US stocks falling and oil trading above $80 per barrel for the first time