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 […]
Euro founders anxious over recession; stocks falter a bit
As a recession loomed threateningly, equities were worried over growth but also relieved that a possible slow pace in the economy will anchor down the spikes in interest rates. On Thursday, the euro settled at a frightening two-decade low and oil coddled losses as investors went haywire over the inevitable initial stages of recession right […]
U.S. yield curve inversion, a note-worthy phenomenon
Investors continue to hope that the Federal Reserve’s combative move to fend against hiking inflation wouldn’t pressure the economy into entering a recession, although that is likely. There’s an occurrence called the yield curve inversion, that has a remarkable history of taking the crown over U.S. recessions. What this phenomenon meant with a case in […]
Wall St futures tumble, dollar holds its ground against tides
The debate over a hypothetical recession proved to be on the surface among those connected to government bonds. On Monday, investors from various markets become anxious after a glimpse of the data which showed possible downslide risks in the June payrolls record, which is set for this week. The U.S. markets are on vacation, therefore […]