September 13 2022 🕓 3 min
S&P 500 drops like a rock after US inflation data
It looks like bulls were wrong and inflation will not ease as quickly as anticipated.
Tag: Inflation
September 13 2022 🕓 2 min
Gold gains due to weaker US Dollar
The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
September 9 2022 🕓 6 min
ECB „tries“ to fight the inflation
Today's macro report will include an update on the ECB's monetary policy as well as an analysis of the European energy picture.
September 7 2022 🕓 2 min
Chinese yuan weakens – the central bank had to step in
China's central bank cut the number of foreign exchange reserves while setting a stronger-than-expected fix exchange rate.
September 4 2022 🕓 3 min
Russian banks lost 1.5 trillion rubles
Russian banks lost 1.5 trillion rubles in the first half of the year as the war in Ukraine and sanctions pushed them into the red numbers.
September 2 2022 🕓 2 min
Gold looked under $1700 level
Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
August 31 2022 🕓 2 min
Hungarian central bank raises interest rate by 1%
It did so in an effort to curb inflation and support the domestic currency. At the same time, other measures are being introduced.
August 31 2022 🕓 4 min
Electricity prices in Europe exploded above 1,000 euros
While oil and gas prices made headlines in the last months, electricity in Europe is causing many headaches as it surges to all-time highs.
August 31 2022 🕓 3 min
DAX falls after EU inflation data
Sentiment remains bearish and rallies are sold, likely pushing the DAX index further lower in the coming days.
August 18 2022 🕓 3 min
How Inflation Reduction Act will help the US
The US has just signed a new bill with a goal to bring the inflation rate down through several tax credits and provisions.
August 18 2022 🕓 2 min
Norway’s state fund reports a loss of $173.1 billion
The Government Pension Fund of Norway has the largest half-year loss in its 26-year history, losing $173.1 billion from January to June.
August 15 2022 🕓 9 min
The cost of living in a current crisis is out of control
The cost of living in a current crisis is spiraling out of control as inflation attacks 40 years not seen levels, and central banks act upon it.