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    7 July 2022
    S&P500, Nasdaq 100, and the US Dollar gained as the Fed signalled more rate hikes, indicating the market still fears a worldwide recession

    US stocks rose for three days in a row, as investors parsed economic data that hinted at slower growth, which also prompted some to brush off the hawkish stance reiterated by Fed in June meeting minutes. All eyes need to …

    6 July 2022
    EUR/USD hit a 20-year low, EU economy slipped to a 16-month low

    US stock rebounded slightly after falling as much as 2.2% on Tuesday as fears of a globalized recession take their toll on financial markets. The talks of easing tariffs on China imposed by the former administration failed to appease recession …

    5 July 2022
    Eurozone PPI below market predictions continues to justify ECB rate hikes; FOMC minutes and Nonfarm Payrolls report in focus

    US equity market remained closed yesterday due to the US Independence Day holiday, but the cautious mood ahead of this week’s Monetary Policy Meeting Minutes from the Fed and the European Central Bank has exerted bearish pressure on investors’ sentiment. …

    4 July 2022
    US Indices climbed on Friday despite a stronger US dollar on recession fears

    US stock advanced on Friday and recovered some of the ground lost in Thursday’s session, as the late-day rebound might be exacerbated by low volume ahead of Monday’s holiday. The risk of a renewed selloff in equities is still high …

    1 July 2022
    US natural gas futures contract dropped 16 percent, the worst result in more than three years

    US stock markets fell on Thursday as the S&P 500 capped its worst first half of the year in more than 50 years. The Dow Jones Industrial Average slid 0.8% and the tech-heavy Nasdaq Composite dropped 1.3%. And the S&P …

    30 June 2022
    Jerome Powell committed to preventing long-term US inflation

    US shares were mixed, fluctuating on Wednesday after the major US indices failed to attempt a bounce in the previous trading session. The market prepared to finish to close out the worst first half of the year since 1970. The …

    29 June 2022
    Jen Stoltenberg said NATO has reached a deal with Turkey to admit Finland and Sweden

    US shares fell heavily on Tuesday following the release of CB Consumer Confidence, worse- than- expected. In the meantime, markets and investors are worried about oil prices stably staying at the high price while the Fed is not interested in …

    28 June 2022
    Russia has entered its first major foreign debt default, as the payment period expires

    US shares edged lower to start the week following a major rebound from last Friday. The Dow Jones Industrial Average dropped 0.2%, to 31,438.26. The Nasdaq Composite declined 0.7% while the S&P 500 fell 0.3% at the end of the …

    27 June 2022
    G-7 countries announced gold sanctions against Russia

    US shares rallied on Friday, rebounding off the lows of the bear market. In the meantime, the bounce-back of the US shares capped its first weekly advance since May. The Dow Jones Industrial Average advanced 2.68%, 823.32 points. The S&P …

    24 June 2022

    US stock advanced on Thursday and recovered some ground after registering minimal losses on Wednesday, as the falling US 10-year Treasury yield made stocks relatively attractive. During the testimony before the House Financial Services Committee on Monetary Policy and the …