Category Markets

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This will be important this week

Asia On Monday, industrial production for August will be published in Singapore and the trade balance for August in Hong Kong. On Tuesday, South Korea will publish the consumer confidence index for September, and China will report industrial profits for…

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This is how the major markets closed last week

The Dow closes lower as investors continue to sell stocks on recession fears after the Federal Reserve (Fed) insisted on tightening monetary policy to curb inflation. In addition, the Purchasing Managers’ Index (PMI) for the manufacturing and service sectors in…

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BoE raises interest rates by 0.50%

Die Bank of England (BoE) hat auf ihrer gestrigen Sitzung den Leitzins um 0,50 % auf 2,25 % angehoben. Dies ist der höchste Stand seit 2008 (14 Jahre) und die siebte Zinserhöhung in Folge seit Dezember 2021. The BoE also…

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Crude oil closes higher as Chinese oil demand recovers

Crude oil futures closed higher on Thursday (Sept. 22), boosted by recovering oil demand in China. In addition, oil supplies are expected to tighten due to the escalation of the war between Russia and Ukraine. Crude oil futures closed higher…

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