September 22 2022 🕓 3 min
How are central banks behaving now?
Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.
Tag: interest rates
September 21 2022 🕓 2 min
Nasdaq volatile after Fed’s 75 bps rate hike
The Fed hiked rates yet again, causing volatility in the markets.
September 20 2022 🕓 3 min
Gold traders await Fed’s decision of the year
This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
September 16 2022 🕓 2 min
Argentina raises interest rate to 75%
Argentina's central bank raised its key interest rate to 75% in an effort to support its currency and curb inflation approaching 100%.
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 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.
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 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 5 2022 🕓 2 min
Gold’s volatility rises with tensions in Taiwan
The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.
July 28 2022 🕓 3 min
Fed raises interest rates by 75 basis points
The US Federal Reserve raises its key interest rate by 75 basis points to a range of 2.25% to 2.50%. The move was expected.