Market News

As the commodity markets drop, gold and silver decline
June 24, 2022

As the commodity markets drop, gold and silver decline As the metals markets are participants in a general erosion of the commodity markets driven by crude oil, gold and silver prices are slightly lower in lunchtime U.S. trade on Thursday. Fears of a U.S. and worldwide economic crisis as well as predictions of decreased demand

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Fears about economy is growing as Wall Street’s hiring frenzy eases
June 24, 2022

Fears about economy is growing as Wall Street’s hiring frenzy eases After a hiring frenzy last year, Wall Street is slowing down due to the growing uncertainty around the U.S. economic future and the ensuing decline in the financial markets. In 2021 and early this year, Wall Street firms, including banks like Citigroup Inc, JPMorgan

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Stocks decline as Wall Street’s effort at a rally fails
June 23, 2022

Stocks decline as Wall Street’s effort at a rally fails As markets struggled to maintain a recovery from earlier in the day, stocks modestly declined on Wednesday in turbulent trading. Traders also considered remarks made by Federal Reserve Chair Jerome Powell, who reaffirmed the position of the central bank in battling inflation. In the last

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UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher
June 22, 2022

UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher NZD: Trade Balance, it measures difference in value between imported and exported goods during the reported month. JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to

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As US administration strives for lower gasoline cost, oil prices are falling
June 22, 2022

As US administration strives for lower gasoline cost, oil prices are falling Oil prices fell sharply in early trade on Wednesday, despite US President Joe Biden’s efforts to lower increasing fuel costs, which included pressure on large US corporations to help drivers during the country’s peak summer demand. At 00:31 GMT, US West Texas Intermediate

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