Authorities Expect A Rate Increase Next Year, So The Fed May Taper Soon
In a statement, the Federal Reserve mentioned that interest rates would remain near zero percent and that it would keep on buying securities at the...
Wall Street Starts Stronger & Dow Rises 200 Points Prior to Fed on China Aid
Today, economic markets in the United States began the day stronger, but for the most part, it was a question of 'stop and observe' as...
Despite China and Japan’s holiday, the Hang Seng drops 4% on Evergrande
Asian markets are shaky, and without Chinese and Japanese brokers for support, the week has begun. The Federal Reserve's pre-Fed warning, the issue of China's...
XAU/USD Slips Again Nearer To $1,780 Area Negatives
Gold prolonged its last day's drop from the extremely significant 200-day simple moving average (SMA) on Thursday and witnessed substantial orders trading for the second...
Mortgage application Jumps by 7% Reaching a Six month ATH
The Mortgage Bankers Association announced that mortgage applications increased 7 percent in the week ending September 3rd, which was 11% lower than the same time...
European Stock Market Still Subdued as Chinese Growth Stalls
The global economy may be in trouble, and European stock markets are showing it. Wednesday's trading is expected to be subdued due largely because many...
Oil Price Rises as US Crude Supply Tightens
Price of oil in the US is on the increase, going as high as $73 per barrel due to the growing tightness of crude supplies...
Recommended Dow Jones Stocks to Purchase This September
Following the rapid increase in cases of the new delta variant of the coronavirus in the United States, the Dow Jones Industrial Average (DJIA) has...
Increase in US Yields Before ECB Causes Dollar Rise
Tuesday makes it the second straight day for the US dollar to see a rise in prices. The greenback slowly drifted from its one month...
Gold Rises Above Weak US Dollar
After hitting a high of $1836.90 with a corresponding low of about $1810.90, the gold prices closed at $1833.70. On Friday the gold prices saw...