Washington: On Tuesday, the top international rating agency Fitch Ratings, released a report on the sliding status of the US economy. This Fitch report has strongly impacted the global stock market, including the United States. Asian and European stock markets have suffered huge losses along with major US indices. After the report of Fitch, the […]
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Washington/London – International investors have lost billions of dollars in the last few days due to the crisis in the banking sector in the United States and Europe. Despite this awareness, the world’s leading central banks have once again announced an increase in interest rates. In the last 24 hours, US ‘Federal Reserve’ and the […]
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Washington/London/Tokyo – Despite the assurances given by President Joe Biden in the wake of the US banking crisis, uncertainty among global investors still remains. This has had a strong impact on global stock markets, including the US and stocks in the banking sector have taken a huge hit. In the US alone, banks suffered losses […]
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Washington: The economic figures that have emerged in the last few days indicate a stronger economy than expected. Therefore, Federal Reserve chief Jerome Powell warned that the increase in interest rates in the near term could be higher than previously estimated. Powell’s statement has strongly impacted the global stock market, and several indices have seen […]
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London/Beijing – In the background of the increasing scope of the ongoing agitation in China and the shocks to the economy due to the ‘Zero Covid Policy’, there was a vigorous fall in the stock markets worldwide on Monday. The stock indices of the UK, France, and Germany in Europe and Japan, South Korea, Singapore […]
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Washington/London: The British central bank followed suit after the announcement of an interest rate hike by the US Federal Reserve on Wednesday. These countries, the world’s leading economies, have increased interest rates by half a percentage point each. The US has raised its interest rate to 4 per cent and the interest rate in the […]
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Washington: The US Federal Reserve has indicated that the interest rate hike would continue to counter inflation for some time. This claim has caused the US Dollar value to jump compared to other currency rates. The Dollar has reached a 20-year-record hike in the Asian markets. The rise in the value of the US Dollar […]
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Washington: The US Federal Reserve announced a historic increase of 0.75% in the interest rates on Wednesday. This is the highest interest rate hike by the Federal Reserve since 1994. Following the United States, the Bank of England and the Swiss National Bank also announced interest rate hikes. Asian stock markets collapsed along with the […]
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Washington: Leading US financial institution JP Morgan warned, ‘The crash in the US stock markets has caused a loss of a whopping $5 trillion to the investors. Cumulative losses till the end of this year could reach up to $9 trillion.’ US stock indices Dow and Jones, S&P500, Nasdaq and Bloomberg Index have crashed by […]
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Moscow/London/New York: Intense repercussions of the announcement made by Russian President Vladimir Putin were felt in the international markets. Crude oil rates have crossed $99 per barrel. The crude oil prices have touched this level for the first time since September 2014. Apart from the increase in crude oil prices, stock markets have tumbled in […]
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