News

Wed, 06 Oct 2021 14:19:15 GMT

Electronic Arts stock plummets

At the start of Wednesday's US trading hours, the stock price for Electronic Arts plummeted by 6.20%. The stock price erased half of late September gains.

Wed, 06 Oct 2021 12:30:11 GMT

Volvo wins electric truck order

Volvo Trucks revealed on Wednesday that the company would supply 100 electric trucks for the freight company DFDS.

Wed, 06 Oct 2021 10:30:13 GMT

Oil prices reach new high

On Wednesday, crude oil prices continued to surge, as light crude oil prices reached above the $79.00 level.

Wed, 06 Oct 2021 08:30:10 GMT

US Dollar surges

During Wednesday's Asian trading hours, the US Dollar gained value, as energy prices were blamed for inflation, which could cause interest rate hikes.

Wed, 06 Oct 2021 06:28:42 GMT

RBA reveals policy as far as 2024

On October 5, the Reserve Bank of Australia made a Rate Statement. In general, the central bank kept its interest rate unchanged at 0.10%. However, the central bank revealed that there would not be an environment in Australia for a rate hike as far as April 2024.

Wed, 06 Oct 2021 05:59:12 GMT

New Zealand raises interest rates

On Wednesday, the Reserve Bank of New Zealand raised base interest rates for the first time in seven years. Moreover, the bank commented that more interest hikes are possible.

Tue, 05 Oct 2021 14:30:10 GMT

China risks slower growth

Reuters revealed on Monday that a US study had discovered that without more market competition the Chinese economy would grow slower.

Tue, 05 Oct 2021 12:30:15 GMT

Biden comments on US debt

On Monday, the US President Joe Biden stated that the US federal government might breach its $28.4 trillion debt ceiling.

Tue, 05 Oct 2021 10:30:11 GMT

Oil prices surge on Tuesday

As the OPEC+ countries confirmed on Monday that oil supply would remain limited, crude oil prices began a surge, which continued into Tuesday.

Tue, 05 Oct 2021 08:30:08 GMT

Dollar approaches high level

During Tuesday's early trading hours, the US Dollar approached a one-year-high level, as US stocks had declined during Monday's trading.

Tue, 05 Oct 2021 06:16:43 GMT

Facebook blames configurations

On Tuesday, Facebook announced that faulty configuration changes were to blame for the six hour outage of Facebook, Instagram and Whatsapp.

Mon, 04 Oct 2021 14:30:09 GMT

Evergrande raises capital

On Monday, Global Times revealed that Evergrande would raise $5 billion from property sales.

Mon, 04 Oct 2021 12:30:09 GMT

Natural gas prices surge

Reuters published a report on Monday, which revealed that a natural gas price surge is highly likely during this winter.

Mon, 04 Oct 2021 10:30:09 GMT

Oil prices decline

On Monday, crude oil prices bounced off the 76.00 level, as a consolidation took place prior to the upcoming OPEC+ meeting.

Mon, 04 Oct 2021 08:30:15 GMT

Dollar is firm on Monday

During Monday's Asian trading hours, the US Dollar traded flat, as a run to safety from the Evergrande case was offset by previous week's labour data.

Mon, 04 Oct 2021 06:10:12 GMT

Asian stocks decline

During early Monday's trading hours, Asian stock indices declined. The decline was attributed to inflation worries.

Fri, 01 Oct 2021 14:30:09 GMT

Japan issues new debt

On Friday, Reuters revealed that Japan could sell more bonds to finance a new fiscal stimulus package.

Fri, 01 Oct 2021 11:29:01 GMT

Cryptocurrencies jump on Friday

On Friday, by the middle of the day's European trading hours, cryptocurrencies surged, as the price for BTC gained more the 9.00%.

Fri, 01 Oct 2021 10:30:10 GMT

US jobless claims increase

US statisticians revealed on Thursday that the number of US citizens claiming unemployment benefits has continued to grow.

Fri, 01 Oct 2021 08:30:09 GMT

Russia could raise rates

On Thursday, Reuters published poll results, which revealed that the Bank of Russia would most likely raise interest rates to combat high inflation rates.

Fri, 01 Oct 2021 06:30:09 GMT

German inflation increases

Data published on Thursday revealed that German inflation had increased at a record in September. Namely, inflation rose by 4.1% on an annual basis.

Fri, 01 Oct 2021 06:25:45 GMT

Debt buyers avoid Evergrande debt

Financial Times reported on Friday, that debt buyers were avoiding Evergrande bonds. However, one fund had begun to buy up the liabilities.

Thu, 30 Sep 2021 14:30:14 GMT

Bank of Thailand comments on economy

The Bank of Thailand revealed on Thursday that despite the ongoing economic recovery the country's economy remains fragile.

Thu, 30 Sep 2021 14:04:25 GMT

Czech central bank raises rates

On Thursday, the Czech National Bank raised its base interest rate by 75 base points. This was the biggest rate hike of the bank since 1997. The event caused a more than 1.00% jump of the value of the Czech Koruna.

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