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The Federal Reserve decided to hold rates steady at 5.25%-5.5%, the highest level in more than two decades. The central bank has raised rates from near zero in March 2022 in a bid to fight inflation. Despite...
Inflation concerns in the US are creeping up again, raising doubts about the expected ease in consumer price increases later this year. August witnessed a surprising increase in underlying US inflation,...
The UK’s Gross Domestic Product (GDP) pleasantly surprised observers this morning by surpassing expectations. It revealed that the economy expanded by 0.2% during the second quarter of 2023. While...
Global markets remain nervous while waiting for the release of February’s Nonfarm Payrolls data. The data will be closely followed as markets try decipher the Fed’s next policy action. Consensus...
This term I am currently taking a Blockchain module. One of my assignments included analsying the performance of a crypto coin in STATA. I was assigned the coin ICX. The bulk of the task involved data...
European stocks and US futures advanced on Monday morning, following last week’s sour risk sentiment and high volatility. Markets began to realise that the Fed hasn’t won the war with inflation,...
At the start of 2023 markets had priced in a terminal rate below the Fed’s projection as well as rate cuts towards H2. After a flurry of economic data pointing towards stubborn inflation markets...
Global stocks rose on Monday ahead of a busy week. Markets prepare for US inflation data on Tuesday where inflation is expected to come in at 6.2% yoy from 6.5%. The key inflation data will give...
Global stocks advanced higher on Tuesday as markets prepare for the Fed’s Interest rate decision on Wednesday. The US Dollar edged higher as it trades above 102.00, following US housing market data showing...
BBC, By Natalie Sherman Business reporter, New York The US has hit its debt limit, with the Treasury Department now taking measures to prevent a potentially devastating default. Reaching the debt ceiling...