Recent inflation figures are reviving a familiar tech trade! Tech stocks are soaring and bond yields are falling. Several of the FAANG stocks jumped. The Nasdaq ripped higher, gaining more 6% in recentRead More
Federal Reserve Chairman Jerome Powell re-emphasized again on rate hikes continuum! On his press conference that the central bank has ‘a ways to go’ in tightening policy enough to bring inflation down toRead More
The Federal Reserve lifted interest rates by 0.75 percentage point! To further combat inflation and signaled plans to keep raising them, though possibly in smaller increments. Tweet on FED rate rise by 0.75Read More
Turkey’s central bank cut its key interest rate for a third consecutive month on Thursday, intensifying an economic policy that has caused a collapse in the country’s currency. Rate cut follows Erdogan’s demand forRead More
The dollar was rising after the latest U.S. inflation data exceeded forecasts! Supporting the case for further aggressive interest-rate increases, the dollar index was recently up 0.4% to 113.74, from 112.820 beforehand. TweetRead More
IMF warned that investors could continue to pull back from global markets! Global central banks’ moves to raise interest rates at the fastest pace in more than 40 years are fueling increased risksRead More
The Federal Reserve and other central banks risk pushing the global economy into recession! UNCAD claims that thef prolonged stagnation if they keep raising interest rates, a United Nations agency said Tweet onRead More
Thousands of people took to the streets in France on Thursday, as a first rally against inflation in EU! The protest was focused on demanding higher wages to cope with inflation and toRead More
Stock futures fell, suggesting  markets could come under fresh pressure! After a week in which concerns about inflation, growth and tighter monetary policy sent major indexes to losses of between 4.1% and 5.5%.Read More
High energy costs are hurting manufacturing and continue to fuel consumer-price inflation! European Union factory output dropped 2.3% in July on the month. Tweet on the Negative outlook of the German economy 22/23Read More
