U.S.
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Breaking News
U.S. Equites Overnight Closed Mixed with Dow Jones Hitting 5 Day High
Dow Jones industrial hit 5 day high in overnight trading while S&P and Nasdaq slipped
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Breaking News
U.S. Producer Price Index Highest in 11 Years
U.S. PPI rose the highest in 11 which would likely push FED to accelerate pace of tapering and hike rates
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Breaking News
Market Mood Calms After FOMC Gave Partial Clarity on Rates Hike and Tapering Speed
Global equities are mixed and U.S. futures opened higher supported by strong economic data
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Breaking News
Fall in Unemployment Claims Shows U.S. Economy is Gaining Pace
Weekly initial unemployment claims are at its lowest since the beginning of the pandemic
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Breaking News
President Joe Biden Nears Decision for the FED Chair’s Job
President Joe Biden to announce pick for the FED chair's job in four days as markets debates over two of the candidates would tackle inflationary pressure
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Breaking News
Markets Awaits White House Decision on FED’s Chair Job
Jerome Powell and Lael Brainard both were interviewed for the FED chair job, a decision is expected imminently, says Senate Banking Chairman
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Breaking News
Asia Equities on Upbeat after U.S. – China Talk and Ease in Chinese Property Market
Major indexes in Asia are trading on optimism pricing in easing tensions between U.S. and China and tightness in the Chinese property market
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Breaking News
President Joe Biden Sings Infrastructure Bill into Legislation
President Joe Biden signed more than $1 trillion dollar of infrastructure bill fulfilling one part of this economic vision
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Breaking News
U.S. Inflation Data Came in as Sticky and Saw the Biggest Increase in 31 Years
U.S. CPI data shows Americans paid more for fuel and food in October and the market priced in two FED rate hikes in 2022
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Breaking News
U.S. PPI Rose Amid Rising Gasoline and Automotive Prices
U.S. PPI numbers show inflation is just not transitory as central banks globally echoed
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Breaking News
Cryptocurrency Gradually Institutionalizing
U.S. regulators studying feasibility of banks to act as a custodian of cryptocurrency
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Breaking News
Asian Countries Moves to U.S. Crudes Amid Soaring Prices of Brent
U.S sour crudes sees more demand from Asia as crudes prices against Brent are rallying on higher price level