US Stocks Rise Ahead of Key Inflation Report US Stocks Rise Ahead of Key Inflation Report US stocks edged higher on Tuesday as investors bide their time until a key inflation report lands and potentially sheds light on the path of interest rates. Market Performance The benchmark S&P 500 climbed about 0.4%, while the tech-heavy … Read more
Gold Reaches New All-Time High at Over $2,300 an Ounce Gold’s value surged to an unprecedented level, breaking the $2,300 per ounce mark, driven by the anticipation of an interest rate cut from the Federal Reserve this year, coupled with continued demand from central banks. This latest achievement was marked by bullion reaching a peak … Read more
Stock Market Today: US Futures Drift Lower as Faith in Rate Cuts Fades US Stock Futures Pointed to More Losses as Interest Rate Speculation Lingers US stock futures pointed to more losses on Wednesday as investors eagerly await Federal Reserve Chair Jerome Powell’s speech for insights into the possibility of prolonged high-interest rates. Market Futures … Read more
Gold Prices Reach Record Levels Amidst Speculation on Fed’s Interest Rate Cut Gold prices have soared to new record-breaking heights, riding on a wave of renewed optimism triggered by indications of a potential interest rate cut by the Federal Reserve. The surge in prices is attributed not only to the geopolitical tensions we have been … Read more
Before completing the first quarter of its life, the 21st century has already hosted some of the greatest crises in history. Crises that can only be compared to the Great Depression of 1929 and the “oil shock” of 1973-74. The bursting of the “dot com bubble” of 2000, followed by the Great Deleverage/Recession of 2007-2008, … Read more
12 Financial Moves You Should Make This Spring 12 Financial Moves You Should Make This Spring 1. Revisit your resolutions Many of us set New Year’s resolutions around spending and saving, but fewer of us followed through on them. Spring is the perfect time to see if you’re making any progress. Consider your financial goals, … Read more
European Central Bank Board Member Olli Rehn believes that emerging conditions will allow borrowing costs to be reduced more than once during the current year, expecting the first such step to be “near summer.” “I see the approaching summer as the right time to start easing the tight approach to monetary policy,” Ren said in … Read more
THE European Central Bank it must cut borrowing costs twice before its summer vacation in August and twice more before the end of the year without being swayed by the Fed. This is what the governor of the Bank of Greece, Yannis Stournaras, said in an interview with Bloomberg, pointing out: “We need to start … Read more
SHANGHAI/SINGAPORE, March 15 (Reuters) – China’s central bank left the policy rate unchanged and withdrew cash from a medium-term lending operation, as authorities continued to prioritize currency stability amid of uncertainty over the timing of interest rate cuts planned by the US Federal Reserve. The Fed’s historic monetary tightening has strengthened the dollar and pressured … Read more
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Pablo González Mosqueira (Madrid, 1980) confesses that he has not had a great vocation as a lawyer. He remembers that in his youth his greatest hobby was computing. A hobby that, although he admits that he no longer cultivates, he does point out that understanding programming has helped him in his day-to-day life as a … Read more