Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’Federal Reserve Chair Jerome Powell said Thursday he is “strongly committed” to fighting inflation.The Fed has […]
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European Central Bank raises rates by 75 basis points to tackle soaring inflation
European Central Bank raises rates by 75 basis points to tackle soaring inflationMarkets had largely priced in a 75 basis point hike.The move follows a move from -0.5% to zero […]
Oil slides to seven-month lows on economic woes
Oil slides to seven-month lows on economic woesPUBLISHED TUE, SEP 6 202211:21 PM EDTUPDATED WED, SEP 7 20222:58 PM EDTOil prices fell by more than $4 on Wednesday to their […]
Asia-Pacific markets mostly fall sharply; China’s factory activity shrinks
Asia-Pacific markets mostly fall sharply; China’s factory activity shrinkshttps://www.cnbc.com/2022/09/01/asia-markets-china-caixin-manufacturing-pmi-south-korea-gdp-stocks.html
Crude Oil Sees Further Downside Following Yesterday’s Sharp Pullback
Crude Oil Sees Further Downside Following Yesterday’s Sharp PullbackFollowing the sharp pullback seen in the previous session, the price of crude oil saw further downside during trading on Wednesday.Oil prices […]
At midday: TSX slips on sell-off in energy stocks, downbeat GDP data
At midday: TSX slips on sell-off in energy stocks, downbeat GDP dataCanada’s resource heavy main stock index fell on Wednesday after a drop in the sector and others including energy […]
Private payrolls grew by just 132,000 in August, ADP says in reworked jobs report
Private payrolls grew by just 132,000 in August, ADP says in reworked jobs reportPrivate payrolls grew by just 132,000 for the month, a deceleration from the 268,000 gain in July, […]
An Iran nuclear deal revival could dramatically alter oil prices — if it happens
An Iran nuclear deal revival could dramatically alter oil prices — if it happens“Should the nuclear deal be revived, 1-2 million barrels per day of extra oil could hit the […]
China is set to convene a historic meeting on Oct. 16. Here’s what to expect
China is set to convene a historic meeting on Oct. 16. Here’s what to expectThe Communist Party of China’s top leaders are expected to propose that the party hold its […]