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May 13, 2021 / Published in Company News
inflation soars
Yesterday, Wednesday, the US Consumer Price Index data was released. The figure reached 4.6%, going up from 2.6% a year earlier, 2020. This represents the largest one-year increase since 2008 and considering energy, meat, and food prices rises, the largest increase since 1982. The rise in inflation can be attributed to a lot of factors,
May 13, 2021 / Published in Company News
base currency and quote currency
Each country has its own currency, but it can also happen that countries group together to form an economic community and mint a single currency for their use, as is the case with Europe (Poland is an exception). When traveling to a foreign country we need to find out what currency is used there, and
May 12, 2021 / Published in Company News
DJ drops
Concerns about inflation in the U.S. caused major selloffs in many company sectors and caused U.S. indexes to drop for a second consecutive day. The Dow Jones Industrial Average fell nearly 475 points marking the index’s sharpest one-day decline since February. Fears for rising inflation are not new; they have been lingering over the US
May 11, 2021 / Published in Company News
DJ ATH
Yesterday, Monday, after having seen -in recent months- record highs, the Dow Jones did it again and went above 35,000 points. The index opened the trading session higher at 34,786.6 and throughout the session reached 35,019.6 points, a new record high. Metals, meanwhile, seemed to be on a streak of gains. Gold rose $6.36 to
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