Top

Tag: Finance


News

Resilient US consumers spend slightly more in August

September 30, 2022

Via: ABC News

Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials. Americans boosted their spending at stores and for services such as […]


Financial Services, Industries

UK central bank intervenes in market to halt economic crisis

September 28, 2022

Via: ABC News

The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the […]


Finance Tech, Liquidity

Pound stabilizes but turmoil continues for UK economy

September 27, 2022

Via: ABC News

The British pound stabilized in Asian trading on Tuesday after plunging to a record low a day earlier, as the Bank of England and the British government tried to soothe markets nervous about a volatile U.K. economy. The instability began […]


Finance Tech, Trading

World shares mostly gain after Dow tumbles into bear market

September 27, 2022

Via: ABC News

World shares were mostly higher on Tuesday as buying kicked in after heavy selling on Wall Street put the Dow Jones Industrial Average into what’s known as a bear market. U.S. futures and oil prices gained. In early European trading, […]


Finance Tech, Liquidity

Euro Price Forecast: EUR/USD Looks to Test 20-Year Lows, Central Bank Speakers in Focus

September 27, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro found some support this Tuesday after a poor performance against the greenback yesterday. The euro remains vulnerable to downside risk as fundamental headwinds significantly outweigh any sort of positivity at the moment as the eurozone […]


Finance Tech, Trading

World shares mixed; British pound slides on tax cut concerns

September 26, 2022

Via: ABC News

Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned tax cuts. France’s CAC 40 rose 0.2% in early trading to 5,795.88, while Germany’s DAX added 0.2% to […]


Finance Tech, Trading

Global stocks slide for 3rd day on economic growth fears

September 23, 2022

Via: ABC News

Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong and […]


News

Hong Kong Inflation Remains Stable As Expected

September 22, 2022

Via: Markets Insider

Hong Kong’s consumer price inflation held steady in August, after accelerating in the previous two months, data released by the Census and Statistics Department showed on Thursday. Consumer prices rose at a stable rate of 1.9 percent year-over-year in August. […]


Education, Industries

Stanford Law School tries out income-share financing

September 22, 2022

Via: Education Dive

Income-share agreements have emerged as controversial financing tools in an era of high college costs. The model’s backers say enabling students to pay for their education with a percentage of their post-graduation earnings ensures they won’t face ruinous amounts of […]


Finance Tech, Liquidity

NZD/USD Trades at Critical Support as APAC Traders Prepare for Bank of Japan

September 22, 2022

Via: DailyFX

Thursday’s Asia-Pacific Outlook The US Dollar surged higher against its major peers during New York trading hours. The Federal Open Market Committee (FOMC) announced a 75-basis point rate hike and updated its growth and inflation forecasts. The FOMC’s Summary of […]


Finance Tech, Trading

Global shares decline ahead of Fed decision on rates

September 21, 2022

Via: ABC News

Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades. France’s CAC 40 fell nearly 0.1% in early trading […]


Energy, Industries

All UK businesses secure energy support package ‘costing tens of millions’ to slash bills

September 21, 2022

Via: Sky News

Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies are already paying but respected market expert […]


Finance Tech, Liquidity

Silver Price Forecast: Clinging to Downtrend Ahead of FOMC – Levels for XAG/USD

September 20, 2022

Via: DailyFX

WAITING ON POWELL Like most other assets this week, silver prices have seen subdued price action in the run-up to the September Fed meeting. Questions remain over whether or not Fed Chair Jerome Powell and the FOMC will deliver a […]


Finance Tech, Trading

Asia shares rise on US rally ahead of expected Fed rate hike

September 20, 2022

Via: ABC News

Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to […]


Finance Tech, Liquidity

Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside

September 20, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro has managed to pull itself above parity once more against the greenback despite quite shocking German PPI data for August (see economic calendar below). EUR/USD ECONOMIC CALENDAR Looking at the PPI comparison with and excluding […]


Energy, Industries

Energy Price Guarantee: Liz Truss’s gigantic state handout

September 20, 2022

Via: MoneyWeek

Last Thursday the new prime minister Liz Truss, who had previously dismissed “handouts” as a way of tackling the cost of living crisis, announced a taxpayer-funded “Energy Price Guarantee” that amounts to a two-year direct grant to all households, regardless […]


Finance Tech, Trading

Asian shares slip lower following broad decline on Wall St

September 19, 2022

Via: ABC News

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices rose while U.S. futures declined. […]


Finance Tech, Liquidity

Gold Price Softens Ahead of a Busy Week with Fed, BoE, SNB and BoJ Meetings

September 19, 2022

Via: DailyFX

Gold slipped again today as the US Dollar found some traction with Treasury yields maintaining lofty levels going into a busy week for central banks. The non-yielding precious metal is below us$ 1,670 at the time of going to print. […]


Financial Services, Industries

How Central Banks Impact the Forex Market

September 19, 2022

Via: DailyFX

THE ROLE OF CENTRAL BANKS IN THE FOREX MARKET Central banks are mainly responsible for maintaining inflation in the interest of sustainable economic growth while contributing to the overall stability of the financial system. When central banks deem it necessary […]


Finance Tech, Liquidity

GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings

September 16, 2022

Via: DailyFX

Can a ‘Neutral’ SNB Provide Sterling with a Reprieve? The latest comments from the Swiss National Bank (SNB) appear to be rather balanced ahead of Thursday’s rate setting meeting. SNB Governing Board member Andrea Maechler commented earlier this month that […]