Investors worry over ongoing protests in China. PBOC will release about $70 billion to boost the Chinese economy. There is growing resentment of the Zero-COVID policy in China. The Equities market fell on Monday as concerns over the control of the virus in the second-largest economy in the world increased following unusual protests against the Read More…
Precious metals continue to rally after FOMC minutes. Long-term US Treasury yields fall to a more than seven-week low. Investors are leaning towards a 50bps Fed hike in December. The prices of precious metals rose on Friday as markets continued to assess the Federal Reserve’s dovish signals. Long-term Treasury yields in the United States fell Read More…
Oil fell on reports the EU was considering a higher Russian price cap. US gasoline stockpiles increased by 3.1 million barrels, pointing to slowed demand. Oil prices got support from the falling dollar after the less hawkish Fed minutes. Oil prices continued to fall on Thursday after the Group of Seven (G7) countries discussed setting Read More…
Investors are awaiting the release of the FOMC meeting minutes. COVID cases continue to rise in China, prompting more restrictions. The US dollar fell, showing improved sentiment as investors looked beyond China’s COVID. Wednesday saw an increase in Equities and a decrease in US Treasury yields as investors anticipate the release of the Federal Reserve’s Read More…
China’s Covid cases continue to plague markets as investors fear the return of the zero-COVID policy. The Organization for Economic Cooperation and Development will soon release its most recent economic outlook. Goldman Sachs warned that the global equities bear market is not yet over. Equities dropped on concerns that China would resume stricter COVID-19 control Read More…
The Dollar gained ground as Covid cases increased in China. Investors are losing hope over Covid restrictions in China. The Dollar is getting support from the hawkish tone of the Fed. Currency futures slid on Monday as the Dollar gained ground amid concerns about the effects of a rise in China’s Covid cases on the Read More…
