UK Midcaps Down To Two-Month Lows After BoE Rate Hike
On Thursday, UK stocks declined, with the mid-cap index falling to its lowest level recorded in two months over fears of an economic recession. This...
London’s FTSE 100 Gets A Boost With Oil And Defence Stocks
On Wednesday, the blue-chip FTSE 100 stock index in the UK made a recovery, thanks to the boost it got from energy and defence stocks,...
Stocks Drop And Yields Rise With Investors Braced For Fed
On Tuesday, there was a decline in global stocks, while US Treasury yields rose to a high of almost 15 years, with investors braced for...
Treasury Yields Rise And Dollar Gains Before Fed Meeting
On Monday, the benchmark US government bond yields climbed to their highest value and the greenback also recorded gains. Meanwhile, investors remained on edge with...
Traders Pricing In ECB Rate Cuts For Next Year
According to traders, there is a good chance that by opting to deliver a number of aggressive interest rate hikes, the European Central Bank (ECB)...
Forecast For Fed Terminal Rate Reaches New High
This week saw expectations of the US Federal Reserve hiking the rates aggressively in its battle against inflation reach a fresh high, which exacerbated the...
World Bank Sees Risk Of Global Recession Rise In 2023
On Thursday, the World Bank said that with most central banks all over the globe simultaneously increasing their interest rates for combating surging inflation, there...
Apollo DAO Announces Closure of Terra Classic Vaults
A few days back, a South Korean Court ordered issuing a warrant for the arrest of Do Kwon, the co-founder of Terra Network. However, the...
Stocks Fall And Dollar Rises Amidst Rising US Inflation
On Tuesday, there was a 4% drop in the S&P 500 index, Treasury yields rose and the US dollar index also rallied after the release...
UK’s Economy Takes A Hit Due To Surging Prices
The latest data shows that the UK economy recorded less growth than expected in July, which increases the possibility that it may have already entered...