Empty Fuel Pumps in Britain
British soldiers will start driving Fuel tankers to replenish empty pumps, as drivers queued again for fuel after days of shortages, despite Prime Minister Boris Johnson saying the situation was…
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European shares fall as Dollar firm’s
World shares skidded and the dollar firmed on Monday ahead of a week packed with global central bank meetings, while debt troubles at property group China Evergrande dragged Hong Kong…
UK INFLATION SOAR’S
British inflation hit a more than nine-year high last month after the biggest monthly jump in the annual rate in at least 24 years, largely due to a one-off boost…
Fed signals downshift as Asian markets fall
Asian shares were set for their worst day in two weeks on Thursday, weighed down by the latest regulatory crackdown in China and global investors worries about a looming reduction…
The impact on Financial Markets as Afghan government’s collapse
15th of August the Afghan government collapses as the Taliban takes over Kabul. The “America’s longest war” both Biden and Trump were eager to withdraw the U.S. troops from Afghani…
Oil Prices Tumble As Economic Activity Slowed In China
Oil prices fell on Monday, dropping for a third session, after official data showed that refining throughput and economic activity slowed in China in an indication that COVID-19 outbreaks are…
Asian Markets Suffer as Delta Variant Surges
MSCI’s broadest index of Asia-Pacific shares outside Japan declined in early trading, with Korea’s KOSPI index down while China’s blue-chip index CSI300 was also so down. “With the Delta variant…
BITCOIN ON A ROLLER-COASTER
Bitcoin (BTC) has been on a volatile price spree over the last few days. The asset has been fluctuating between $28,000 – $35,000, and currently trades at $33,736 levels. Since…
Covid-19: What Economists got Right and Wrong
Who ever wondered in one year everything would collapse in one just month? The recovery period will be for sure long. Economists at the begging of the pandemic they came…
The U.S. ECOMOMY IS ABOUT TO HIT A WALL
The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in. Most economists believe…
MARKETS STABILIZE
European stocks stabilized on Tuesday after their worst sell-off this year in the previous session, The pan-European STOXX 600 index rose after worries about the fast-spreading coronavirus Delta variant and…
Stocks up on China Exports
The surprisingly strong Chinese data implied that global demand remained strong and helped reassure investors that the world economy was healing from the COVID-19 pandemic, despite the spread of the…
OPEC ABANDONED MEETING
OPEC+ was plunged into crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. A spike in oil prices risks fanning wider moves…
Dollar vs Euro
Assuming the U.S. data remains broadly supportive, we expect the dollar to grind moderately higher against the euro through the course of the year. The euro may face further headwinds,…
Gold Down as Dollar Gains Strength
Gold was down on Tuesday morning in Asia, sending prices tumbling remaining close to the one-week low hut during the previous session and is set for its worst month since…
Tech leads Rally As Markets Soothes
Stocks found a footing and swinging bond markets calmed down on Wednesday, with testimony from U.S. Federal Reserve chair Jerome Powell providing investors with reassurance that the central bank has…
Dollar hold’s firm as the Pound struggles
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might…
WHAT COMES NEXT FOR THE FED?
WHAT COMES NEXT FOR THE FED? Traders and investors are waiting to hear what the Federal Reserve Chair Jerome Powell has to say on Thursday (10-06-2021) at the annual Jackson…
U.S. NON-FARM PAYROLLS
U.S. NON-FARM PAYROLLS On Friday, the US employment report will be released (The non-farm payroll or NFP) is a monthly measure of US Labour market health released by the Bureau of…
Where will the BTC/USD be in the next month ?
Where will the BTC/USD be in the next month ? Bitcoin was supposed to be a revolution in the finance ecosystem, Bitcoin is world’s first decentralized cryptocurrency. From the mid…