Australia Opts For “Smaller Increase” Amid Global Central Banks Jumbo Hike

As the global economy struggles to stay afloat following a series of interest rate increases to battle skyrocketing inflation, Australia is toeing a different path from the rest of the world. Finding a Balance with Small Rate Hike In a surprising move, the Australian central bank has pushed for a ‘smaller’ rate hike in early … Read more

DOW Sheds 600 Points, Nasdaq Drops 3% Low As Stock Rates Dwindles

The frequent performance of the stock market has been a topic of debate amid rising inflation and a looming recession as market players grapple with economic turbulence. Stocks Tumbles Again Stocks dipped further again on Friday as traders assessed the impacts of the September job report. The reports indicate that unemployment rates are declining as … Read more

Stock Market Bottom – Are We in?

Australian markets still trend lower this year. The question remains, when will we bottom? Economists trust more downtrends are impending. Today’s sessions had the Australian markets extending their decline, with the material sector exploring the red in the afternoon. The benchmark ASX/S&P 200 Index lost 72 basis points on the day to 6,507, while the … Read more

Wall Street Might Open Higher Following Heavy Selloff

Wall Street headed into Tuesday on hopes of a higher opening following five consecutive sessions of a heavy selloff. This followed concerns that there would be further Fed rate increments that would lead to a market meltdown. Consequently, top indexes in the market also dipped into a bearish zone. Early Market Leads Shares sensitive to … Read more

Wall Street Gets the Fed’s Memo on Rate

The stock markets are finally listening to the Federal Reserve’s Chairman, Jerome Powell. According to everyone’s anticipation, the Federal Reserve raised the interest rates on Wednesday by 75 basis points after raising it by the same figure two times prior. Powell and other fed officials went further to raise expectations of more interest rate increases … Read more

US Stocks Sink This Week After Hitting Rock Bottom In June

The US stocks market plummeted this week, recording the work drop since the market hit bottom in June. This is mainly due to mounting anxiety over excessive Fed interest-rate rises and FedEx Corp.’s alert. Major Selloff In US Stock Market  The S&P 500 declined for three consecutive days this week, falling to about 5%. However, … Read more

Recession Odds Now Very High As Inflation Lingers – Ex Fed VC

The CPI (Consumer Price Index) statistics in the United States recently surpassed economists’ forecasts. As a result, there is widespread panic as inflation rose with an economic downturn around the corner. US Fed Having A Hard Time Battling Inflation  On September 13th, the US released the CPI data. Following the announcement, the markets and their … Read more