How high will the November consumer price index turn out to be on Tuesday? How much will the Federal Reserve decide to raise interest rates on Wednesday? And what will…
Category: Trading
S&P 500 Could Rally 10% On Soft Inflation Data, Says JPMorgan – JPMorgan Chase (NYSE:JPM), SPDR S&P 500 (ARCA:SPY)
CPI data issued by the Bureau of Labor and Statistics has been a powerful force on equity markets this year, as the Federal Reserve continuously hikes interest rates to cool…
Pro-recession Fed shows cruelty of anti-Biblical economics
Why are markets acting as though the U.S. is about to enter another recession? Because the officials who manage monetary and credit policy are widely believed to be taking us…
Egypt Recession | Is Egypt In a Recession?
Egypt’s economic growth fell by more than 2% several times between 1962 and 2022. Photo: iQoncept / Shutterstock Egypt has yet to breathe a sigh of relief following the signing…
Product Tankers: Middle East and US to the EU Will be a Dominant Trade Route Moving Forward
The product tanker market is expected to benefit significantly from the sanctions imposed on Russian crude and products, like diesel and gasoline. In its latest weekly report, shipbroker Gibson said…
Meituan Stock Forecast | Is Meituan a Good Stock to Buy?
Meitun is an online shopping platform for local consumer products and retail services. Photo: sdx15 / Shutterstock The share price for Chinese online food delivery and retail giant Meituan (3690)…
US Producer Price Index increases higher-than-expected in Nov
The United States Producer Price Index (PPI) for demand advanced to 0.3% in November, above the expectations of 0.2%. The performance was driven by most of the rise recorded in…
Morning ASX Report 13/12/22 | CMC Markets
G’day folks and welcome to another trading day with your friendly, neighbourhood CMC Market Analyst! For real-time up-to-date data/news/research/ideas/strategies, check out our insights panel on the CMC Markets Invest platform and follow…
What China’s zero-COVID troubles mean for global economic growth
China’s strict zero-COVID policy complicated the global economic recovery. The country has tried to eliminate all cases of COVID-19, but three years later, frequent lockdowns and strict quarantine guidelines have…
(News Focus) Faltering exports hurt S. Korea’s growth momentum, no improvement in sight
SEOUL, Dec. 4 (Yonhap) — South Korea is experiencing sluggish exports and record trade deficit over a global economic slowdown, and intertwined challenges both at home and abroad further dimmed…