Market News

28-08-2023

The Dallas Fed Manufacturing Index surpassed the predictions made by financial analysts.

According to the report, the manufacturing sector continue...

27-08-2023

What's in store for the upcoming week? Any possible rate hikes? Key indicators to watch?

The upcoming week holds significant importance for the markets, as various factors such as US nonfarm payrolls, wage growth, and...

25-08-2023

Powell suggests further rate hikes if necessary.

The market experienced volatility as traders responded to Powell's address at the Jackson Hole Symposium.

24-08-2023

Natural gas prices bounce back after the EIA report.

The prices of natural gas increased due to a significant discrepancy between the actual storage build and the predictions made by...

24-08-2023

US initial unemployment claims improved while durable goods orders stumbled.

The initial claims for unemployment in the US dropped to 230,000, but the 4-week average increased. Durable goods orders experien...

23-11-2023

The United Kingdom's economy encountered challenges in August as the private sector faced a decline.

In August, the growth of the UK private sector came to a halt. This was primarily due to increased borrowing costs, as indicated...

23-08-2023

Manufacturing PMI drops due to declining production.

The Composite Purchasing Managers Index (PMI) approached the threshold of contraction as activity stagnated across the private se...

23-08-2023

German PMI Slumps in August as Inflation Takes Toll.

During the month of August, there was a significant decrease in German business activity, reaching its lowest level in three year...

23-08-2023

Crude inventories fall more than expected, but oil markets still under pressure.

Crude inventories fall more than expected, but oil markets remain under pressure.

22-08-2023

In the month of July, there was a decline of 2.2% in existing home sales.

The housing market is under pressure due to rising mortgage rates and limited inventory availability, leading to a decline in Jul...