GBP/AUD exchange rate dips amid strong Australian retail data and UK economic concerns
By Press Room
1 Mins read
The exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This follows last…
The stock market’s 10% selloff has the look of a full-blown correction. Therefore, Monday’s (Oct. 30) upside reversal (and the calmer days…
October witnesses Bitcoin‘s impressive 30% surge, leading many to wonder if the anticipated 2023 bull market has finally arrived. Maintaining stability over…
Why Treasury’s borrowing needs are in focus this week, along with Fed decision
By Press Room
4 Mins read
Heavy U.S. government borrowing has the potential to take investors’ attention away from the Federal Reserve’s policy update on Wednesday. One big…
World Bank Warns Escalating Israel-Hamas Conflict Could Spike Global Oil And Food Prices
By Press Room
1 Mins read
The World Bank has issued a warning about the potential impact of the escalating conflict between Israel and Hamas on global oil…
SBF Admits Alameda had “Special Privileges” on FTX, Closes out Second Day of Testimony
By Press Room
2 Mins read
FTX founder Sam Bankman-Fried finished out his second day of testimony in his landmark fraud case this afternoon in Manhattan federal court….
Buoyed by positive gains for shares of Verizon and Goldman Sachs, the Dow Jones Industrial Average is rallying Monday afternoon. Shares of…
Fed’s High Interest Rate Stance Solidified by PCE Deflator Report And Robust U.S. GDP Growth
By Press Room
1 Mins read
© Reuters. The U.S. Personal Consumption Expenditures (PCE) deflator report for September, released this week, indicated a monthly rise of 0.4%, slightly…
Gold Prices Hover Near $2,000 Amid Middle East Conflict And Fed Meeting Anticipation
By Press Room
1 Mins read
Gold prices stayed close to the $2,000 mark today, buoyed by investors seeking safe-haven assets due to the ongoing conflict in the…
The Biden administration last week announced the designation of 31 regional “tech hubs” across the United States, as part of a new…