Economic News Category

Dollar idles after tumble from 19-month peak; Aussie organization earlier than RBA The U.S. greenback nursed its wounds on Tuesday following its largest drop in almost 3 weeks in opposition to fundamental peers, as Federal Reserve policymakers allayed investor fears of a completely fast tightening of financial coverage. The Australian greenback remained corporation after its

Soaring oil prices, supply problems approaching best month since February 2021 Oil jumped more than 1% on Monday, to a near seven-year high reached in the previous session, as supply problems and political tensions in Eastern Europe and the Middle East sent oil prices posting monthly gains the largest in almost a year. Brent crude

High inflation will persist this year, slowing global growth   Persistently high inflation will haunt the global economy this year, according to a poll of economists that have slashed their global growth outlook on fears of slowing demand and the risk of interest rates falling growing faster than planned so far. This represented a dramatic

US Federal Reserve plans to raise interest rates from March to ease inflation Behave as instantaneously demanding situations for the threat urge for food and the USD/JPY pair. “Japan`s each day remember of latest COVID-19 instances hit but any other report of over 70,000 on Wednesday because the extra transmissible Omicron variation keeps its fast

The crypto gold standard statement is fading fast The volatility of US-focused financial markets has made at least one point clear: bitcoin is not a “digital gold” or a “store of value,” just two major assertions being made. out about cryptocurrency when its price is rising. At $37,000, late Tuesday afternoon, bitcoin is down 22%