The Weekly Wrap – Fed Monetary Policy Sinks Riskier Assets
pWhile it was a busy week on the a hrefhttps:www.fxempire.comtoolseconomiccalendareconomic calendara for the week ending May 6, 2022, the Fed monetary policy decision was the […]
recent trend of Forex and current Forex news and message
U.S. job openings and resignations hit a record high in March
The Labor Department reported this week that 5.6 million jobs were created in March above the level of available workers, while the number of people […]
No place to hide: Dollars surge cuts across markets
div classBodysc17zpet90 cdBBJodivpBy Saikat Chatterjee and Sujata Raop pLONDON Reuters – “Our currency, your problem,” were the words of a former U.S. Treasury secretary in […]
U.S. retail investors bought heavily during Thursdays big stock market drop
div classBodysc17zpet90 cdBBJodivpBy John McCrankp pNEW YORK Reuters – Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S. […]
Brazils Vale signs long-term deal to supply Tesla with nickel
div classBodysc17zpet90 cdBBJodivpSAO PAULO Reuters – Brazilian miner Vale SA said on Friday it has signed a longterm deal with Tesla Inc to supply the […]
Italy Faces Lower Growth, Higher Inflation Than Euro-area Peers; EU Funding Should Help Avert Stagflation
div classBodysc17zpet90 cdBBJodivpThe prolonged RussiaUkraine war will adversely affect all countries dependent on Russian oil and gas. Economies with large international manufacturing sectors are also […]
Norway‘s Norges Bank Investment Management to back Kohl’s nominees in proxy fight
div classBodysc17zpet90 cdBBJodivpBy Svea HerbstBaylissp pNEW YORK Reuters – Norway‘s sovereign wealth fund said on Friday that it plans to vote for Kohl’s board directors, […]
Decline and near fall of Italy‘s Monte dei Paschi, the world’s oldest bank
div classBodysc17zpet90 cdBBJodivpMILAN Reuters – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that […]
Chinese, Russian cenbanks to discuss use of national payment systems
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijings envoy to Moscow […]
Russian weekly inflation eases after rate cut
div classBodysc17zpet90 cdBBJodivpReuters – Russias weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, days after the central bank […]