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28 January
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Republicans are one step away from winning the House of Representatives in the U.S. midterm elections
Republicans failed to win a majority of seats in the U.S. House of Representatives. They were just one seat short of winning the House of Representatives.
16 November 2022
Canadian dollar hits eight-week peak ahead of inflation data
The Canadian dollar rose to its highest level in eight weeks against the U.S. dollar on Tuesday, but its gains were limited as the dollar was supported by geopolitical concerns and investors awaiting the release of the country's key inflation report.
16 November 2022
ECB to keep raising interest rates, Holzmann says
On Tuesday, Robert Holzmann said that the ECB will continue to raise interest rates.
16 November 2022
UK inflation soars to 11.1%, higher than expected
The inflation rate in the UK is currently 11.1%, the highest in more than 40 years. In this regard, the Bank of England feels the need to raise the interest rate once again.
16 November 2022
BIS study shows that most Bitcoin investors lose money
The results of a study, which was conducted by the Bank for International Settlements (BIS) on a sample of 95 countries from 2015 to 2022, demonstrated that more than three-quarters of retail investors would lose money buying Bitcoin.
16 November 2022
ANZ increases the growth forecast on Chinese GDP for 2023
As Australia & New Zealand Banking Group Ltd (ANZ) reports, it is expected that next year Chinese GDP will increase by 5.6%. Such forecasts appeared after the government of China had reviewed the restriction related to the coronavirus epidemic and supported the real estate sector.
16 November 2022
Harker at the FRS expects a slowdown of rate rises in the coming months
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said that his expectation for officials is to slow the pace of interest rate rises.
16 November 2022
Rising U.S. mortgage rates could cut home prices by 20%
The Federal Reserve Bank of Dallas has released a study saying that U.S. home prices are likely to decline by 20% due to a sudden and quite tangible increase in mortgage rates.
16 November 2022
Canada increases US corn purchases
Due to the increase in barley prices in Canada, farmers are forced to switch to US corn due to its low cost. Thus, the demand for US corn is increasing.
16 November 2022
U.S. gas prices up 2% due to cold weather forecasts
U.S. natural gas futures were up about 2% Tuesday due to an expected colder weather and increased heating demand by next week. Nevertheless, a possible postponement of Freeport LNG's launch date would cloud the outlook quite noticeably.
16 November 2022
