Ferrari lifts forecast

Source: Dukascopy Ban SA
Ferrari has announced that after a strong third quarter of 2022, the company would increase its 2022 yearly profit forecast.
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Wed, 02 Nov 2022 18:16:16 GMT

US Federal Reserve hikes interest rates

All of financial markets are reacting to the just announced US Federal Reserve Federal Funds Rate. The markets expected the US Fed to hike the rate by 0.75%, which would bring it from 3.25% up to 4.00%. The expectations came true and volatility increased.

Thu, 03 Nov 2022 06:30:07 GMT

S&P decreases Credit Suisse rating

S&P Global Ratings has downgraded the long-term credit of Credit Suisse Group to one level above junk bonds.

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