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28 January
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Foxconn, Apple's supplier, will inform about the perspectives of returning to production today
On Thursday, Foxconn is planning to update its fourth-quarter forecast because of the impact of COVID-19 restrictions this week at its main factory in Zhengzhou, China.
10 November 2022
Australia nears the point where rate hikes are over
A Reserve Bank of Australia (RBA) official confirmed this Thursday that the bank may soon stop raising interest rates. However, it was said the bank needs to see more evidence that demand has slowed.
10 November 2022
Nouriel Roubini forecasts a further 20% decline in the US market
This year the S&P 500 went through a strong fall. In June the index decreased by more than 20% compared with the previous January low. Now it faces a bearish market.
10 November 2022
Oil slips on demand concerns
Oil prices slid for a fourth day on concerns over new COVID-19 restrictions imposed in China, the world's largest oil importer. Tightened restrictions may have an impact on fuel demand.
10 November 2022
Wall Street closed in the red after the midterm elections
The Republicans were less successful than expected in the midterm elections and that's why Wall Street ended the trading in a sharp decrease.
10 November 2022
JPMorgan announces that cryptomarkets face a “cascade” of margin requirements
A team of analysts at JPMorgan Chase & Co. noted that at the moment, cryptocurrency markets face a significant deleveraging due to the recent crisis at the digital asset exchange FTX.com.
10 November 2022
UK employers cut hiring driven by political turmoil
A survey showed that British employers reduced hiring of permanent staff through recruiting companies. This is due to the country's political uncertainty, strengthening market fears about economic recession.
10 November 2022
Kuroda of the Bank of Japan discusses the possibility of exit from ultra-loose policy
According to Haruhiko Kuroda, Governor of the central bank of Japan, any upcoming disputes over a change in the course of the ultra-loose monetary policy will be associated with the pace of growth in short-term interest rates and adjustment of the bank's balance sheet.
10 November 2022
Amazon turned out to be first public company that lost $1 trillion in market value
As it was registered on Wednesday, the Amazon company’s shares dropped by nearly 4.3%, which, in its turn, led to the company’s market value decreasing.
10 November 2022
Gold holds above $1,700 awaiting election results and inflation data
Bullion prices are hovering around $1,700 amid uncertainty over the US midterm elections and markets awaited key domestic inflation data.
10 November 2022
