Today: 5. Nov, 2024
Asian shares experienced an upswing on Wednesday following Wall Street’s gains, as investors eagerly anticipate the Federal Reserve’s decision on interest rates and updates on the U.S. economy’s current state. “The overwhelming expectation is that the Fed will keep its overnight interest…
The European Central Bank (ECB) has decided to hold interest rates steady at 4% after ten consecutive hikes in July 2022, bringing rates back into positive territory for the first time since 2011. This decision comes amidst new upside risks to inflation…
Wall Street experienced an uptick, spurred by numerous reports implying that the U.S. economy remains robust despite looming inflation concerns. By 12:18 p.m. Eastern time, the S&P 500 had advanced by 0.8%, while the Dow Jones had gained 310 points or 0.9%,…
Wall Street was seeing a mild uptick on Friday. However, the rise wasn’t significant enough to deviate from its trajectory toward its first weekly dip in three weeks. In midday trading, the S&P 500 climbed by 0.3% after a consecutive three-day fall.…
The second quarter earnings season for US firms commences this week, delivering the profit or loss reports from April to June 2023 while also unveiling fresh inflation data. Many economists are connecting these two elements, spotlighting the trend of the price-price spiral…
