Market Sentiment Shows a Lack of Confidence
-The Congressional Budget Office has indicated that the United States is likely to avoid defaulting on its debt until the...
The market downturn is spearheaded by Bitcoin and Ethereum as the value of the US dollar increases
Bitcoin and Ethereum experienced modest declines in the past week as they approached the weekend. Although there was a slight...
Budesbank’s President Claims Germany’s Energy Crisis Has Been Almost Solved And Its Economy Is Safe
The president of the Bundesbank Joachim Nagel said that the German economy has the inherent strength to bounce back from...
Chinese Economy: Property Investment Falls 5.8% In Q1
China’s National Bureau of Statistics released vital data pertaining to the real estate sector in China. Real Estate was a...
Reuters reports that HSBC has made an agreement to purchase its joint venture partner in its China fund management business
HSBC has reached an agreement to acquire its partner in the China fund management joint venture, according to two unnamed...
Traders are seeing a possible bottom for oil prices, following the surprising sharp slide that the market experienced
Analysts predict that the decline in oil prices has reached its bottom and anticipate a notable increase in the upcoming...
A report from the Federal Reserve indicates that banks are concerned about future conditions, particularly with regards to a sluggish economy and the possibility of deposit outflows
According to a report by the Federal Reserve on Monday (8th May), turbulence in mid-sized institutions led to banks tightening...
Is XAU/USD likely to rise as gold price awaits US CPI and the US dollar takes a breather?
As risk sentiment continues to influence the pricing of gold, the precious metal stabilized around the US$ 2,020 mark at...
The reduction in PayPal’s adjusted margin forecast overshadows the increase in profit expectations
In extended trading on Monday (8th May), shares of the payments firm dropped by 5% after PayPal Holdings Inc reduced...
A German regulator has issued a warning that banks may face a period of instability and unpredictability, and has indicated that there could be pressure in the property market
On Tuesday (9th May), Germany's financial regulator cautioned that the country's banking system is facing a genuine test due to...
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