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Markets
China approves export licences for chip materials gallium, germanium
© Reuters. FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023.…
2-year Treasury yield carves out another 17-year high after hawkish Fed meeting
Treasury yields ended at their highest levels in a dozen years or more on Thursday as investors continued to absorb the Federal Reserve’s message of…
USD/CHF aims up as SNB holds rates unchanged as bull’s eye 0.9100
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USD/CHF gains to 0.9038 after the SNB surprises markets…
European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices
© Reuters.
The European Central Bank (ECB), the International Energy Agency (IEA), and the European Investment Bank (EIB) are set to meet in Paris on September 29 to…
U.S. mortgage rates could go to 8%
Mortgage rates could go up to 8% after the U.S. Federal Reserve refrained from raising its policy interest rate again on Wednesday but forecast rates would stay…
Dow Jones Industrial Average Forecast: DJIA continues falling after hawkish Fed meeting
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The Dow Jones Industrial Index falls on Thursday but…
Federal Reserve interest rate signals prompt oil price dip
© Reuters.
Oil prices witnessed a decline on Thursday, responding to the potential of an interest rate hike signaled by Federal Reserve officials. The decreased 1.2% to…
Zelensky returns to Washington — where some Republicans have turned against aiding Ukraine’s effort to expel Russian…
WASHINGTON (AP) — Ukrainian President Volodymyr Zelensky returns to Washington on Thursday for a whirlwind single-day visit, this time to face the Republicans now questioning the…
WTI crude oil settling back after jumping over $90.50
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WTI spiked in Thursday trading, briefly retaking…
Oil prices inch closer to $100 per barrel amid inflation concerns
© Reuters.
Oil prices are approaching the $100 per barrel mark this Thursday, with many analysts forecasting that they will surpass this threshold within the year. The…