Investors pay attention to thirsty companies as drought concerns increase
Investors are putting more pressure on businesses that waste water as droughts spread throughout the globe and are attempting to identify winners from a small group of specialised listed companies that are trying to solve the issue. A lack of fresh water has drawn the attention of authorities from Kenya to California plus nearly half […]
Dollar reaches a one-month high as Fed officials discuss rate increases
In the lead-up to their important Jackson Hole symposium, Federal Reserve officials proceeded to stress the necessity for additional interest rate increases, pushing the U.S. dollar to a new one-month high versus major rivals on Friday. The dollar index increased 0.14% to 107.63 from its previous high of 107.72, reached on July 18. This week, […]
Fed minutes may hint justification for the upcoming jumbo rate hike
Officials from the Federal Reserve are adamant that they will keep increasing interest rates until soaring inflation is brought under control, and the minutes from their policy meeting on July 26–27, which will be released on Wednesday, may reveal just how aggressive they want to be. The minutes, which are scheduled for release at 2 […]
Fullerton Markets Is Back with Gold Trading Festival 2022!
Kingstown, Saint Vincent and the Grenadines (15 August 2022) – Fullerton Markets announces it will launch Gold Trading Festival 2022 for the second year, officially on 1 September 2022. Following the success of the Gold Trading Festival 2021, Fullerton Markets is bringing this annual event back, bigger and better, to encourage their clients to seize […]
S&P 500, and Nasdaq decline as anxiety over rate hikes arise
Despite new evidence of decreasing inflation, the Nasdaq & S&P 500 reverted to a close negative on Thursday as investors realised the Federal Reserve still has to quickly raise interest rates to effectively control increasing consumer costs. After earlier reaching new three-month highs in response to data that indicated the U.S. producer pricing index (PPI) […]
Share markets fluctuate, dollar loses ground to the yen
On Monday, stock markets were in a shaky mood as poor Chinese economic data fueled concerns about the sustainability of Wall Street’s advance. At the same time, the dollar dropped against the yen as traders were compelled to exit abruptly unfavourable short positions. As new viral outbreaks weighed on demand, China’s official industrial activity indicator […]
Inflation strikes U.S. young, low-income individuals’ finances
Young and low-income customers are beginning to experience financial strain as high inflation compels Americans to pay more on gasoline and bills. Consumers in Generation Z and others with low credit ratings are racking up credit card loans at a rate unseen since before the epidemic, falling behind on auto loans and credit card payments, […]
China’s regulatory body rejects data report to evade U.S. delistings
China’s securities regulator refuted claims made in the media on Monday that Beijing intended to group Chinese companies with U.S. listings according to how sensitive the data they store is, as an effort to prevent American authorities from delisting hundreds of companies. The Financial Times reported Saturday, citing people with an understanding of the incident, that the […]
Fed to maintain its July 75 bps spike; 40% likelihood of recession
To combat persistently rising inflation as the probability of a recession over the coming year climbs to 40%, the U.S. Federal Reserve would decide against making a larger change at its meeting next week. This is according to a poll of analysts. Another four-decade high of 9.1 percent was reached in June, fueling hopes that […]
Asian assets tumble as central banks reveal rate ideas
Asian shares flail for balance on Tuesday, after an overnight tumble on Wall Street and on growing anxiety about stricter cautions on COVID-19 in China, whilst the greenback barely met last week’s target. However, traders are fulling focused on the upcoming central bank gatherings. On the Asian side of things, MSCI’s broadest index of Asia-Pacific […]