Economic News Category

Nikkei 225 dip 3% & Asia-Pacific markets slip down on rising fear of new COVID-19 strains GBP/JPY licks the cut at the 152.70 area after hitting a week-long high before hitting a two-week low of 152.47 ahead of the London opening on Friday. The Cross saw a double attack as it served food to bears

Global Market Asian tech stocks rise with dollar gain Asian tech stocks moved higher on Thursday, following US stocks. Although the larger gains were limited by the strength of the US dollar, as investors gambled on a faster rate hike in the US than other major economies. European stocks were expected to rise in early

Japanese Prime Minister Kishida worked with the U.S to confirm the release of some oil reserves Japanese Prime Minister Kishida Fumio said on Wednesday that the government would release some of its oil reserves at a request from the US in order not to violate Japanese law. “We are working with the United States to

RBA Kohler: Closely monitoring risk premiums to determine if asset prices look “reasonable” The Reserve Bank of Australia will closely monitor risk premiums to determine whether assets are being priced “reasonably”, particularly in times of record low-interest rates, said domestic market head, Marion Kohler. “Asset prices rise when risk-free rates are low,” Kohler said in

Eyes on USA big economic event’s impact on USD Philadelphia Federated Index release The Philadelphia Federal Reserve’s Manufacturing Index is based on the Manufacturer’s Business Outlook Survey of the Third Federal Reserve Board. Participants received various measurements of activity at the factory (employment, working hours, new and unfulfilled orders, deliveries, stocks, delivery times, prices paid,)