Last news

Stocks Fall After the US and Allies Consider Banning Russian Oil

Stocks Fall After the US and Allies Consider Banning Russian Oil

Stocks around the world tumbled as the US and its allies mulled over banning Russian oil, a last-ditch move that could have devastating effects on the global economy. Oil prices soared to their highest level in 13 years, prompting widespread fears...

Defense Stocks on the Rise Amid Russia Conflict

Defense Stocks on the Rise Amid Russia Conflict

Stocks news
04.03.2022

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, the S&...

Russian Oligarchs and Ordinary Citizens Feeling the Pinch of Sanctions

Russian Oligarchs and Ordinary Citizens Feeling the Pinch of Sanctions

Last news
03.03.2022

Ordinary Russians are preparing for a dramatic shift in their standard of living as their savings diminish in value and imports of everyday goods are quickly being cut off. Already dealing with long lines at ATMs for cash, Russians are facing the...

Russia Feels the Bite of Sanctions

Russia Feels the Bite of Sanctions

Last news
01.03.2022

Russia began feeling the bite of a raft of tough global sanctions as its economy lurched into serious trouble. The Russian ruble crashed to a record low against the US dollar, losing 25% on Monday after depreciating by 40% last week. The Russian c...

Global Economy Still Reeling as Sanctions Bite Russia

Global Economy Still Reeling as Sanctions Bite Russia

Economy news
28.02.2022

The global economy was still in turmoil at the start of the second week of Russia’s invasion of Ukraine, with most markets losing value as investors remained deeply shaken. On Wall Street, Dow futures slid 1.7%, nearly 600 points. Meanwhile,...

Bitcoin’s Surprising Role in Russia Crisis

Bitcoin’s Surprising Role in Russia Crisis

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’...

Global Economy in Turmoil as Russia Attacks Ukraine

Global Economy in Turmoil as Russia Attacks Ukraine

Economy news
24.02.2022

The global economy went into a tailspin on the morning that Russia attacked Ukraine, ending weeks of diplomatic efforts to avert the crisis. US stock futures plunged on Thursday. Dow futures were down as much as 780 points, or 2.4%. S&P 500 an...

Ukraine Crisis Escalates with Closure of Gas Pipeline, Sanctions

Ukraine Crisis Escalates with Closure of Gas Pipeline, Sanctions

Last news
23.02.2022

The conflict in Ukraine finally spilled over into concrete action, with Germany announcing the suspension of the Nord Stream 2 gas pipeline and the US declaring sanctions on Russia. Germany said it was halting certification of the Nord Stream 2 ga...

Investors Jittery Despite Solid Earnings

Investors Jittery Despite Solid Earnings

Stocks news
22.02.2022

Positive corporate earnings data is pouring into Wall Street, but it is not doing much to calm the nerves of investors who are fixated on increasing inflation, the Fed’s next move, and events in Ukraine. Earnings growth for S&P 500 compa...

Asian Currencies Lifted by Hopes of Ukraine Summit

Asian Currencies Lifted by Hopes of Ukraine Summit

FOREX news
21.02.2022

Asian currencies showed positive signs on Monday, after risk appetite improved on US and Russian plans for a summit on the Ukraine crisis. The South Korean won and the Thai baht climbed about 0.2%, while the Philippines peso and the Singaporean do...

UK Inflation at Near 30-Year High

UK Inflation at Near 30-Year High

Economy news
18.02.2022

The sterling edged upwards after the UK’s inflation numbers soared to a nearly 30-year high, prompting widespread expectations that the Bank of England (BoE) would further hike interest rates. The annual rate of consumer price inflation rose...

Miami Emerges as Crypto Epicenter

Miami Emerges as Crypto Epicenter

Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of tho...

Euro Leads Market Rebound on Cooling Ukraine Tensions

Euro Leads Market Rebound on Cooling Ukraine Tensions

FOREX news
16.02.2022

The euro rallied in Tuesday’s trading on news that Russia announced it would pull back some of its troops from the Ukraine border. However, no sooner had the currency jumped 0.45% did it soften to $1.1347 on the news of a cyber-attack affect...

Dow Falls on Ukraine Uncertainty

Dow Falls on Ukraine Uncertainty

Last news
15.02.2022

Wall Street was awash with uncertainty yesterday as investors stayed jittery over the potential conflict between Russia and Ukraine. US stocks fell after news emerged that the US would close its embassy in Kyiv. The Dow slid by 172 points, or 0.5%...

Copper Prices Rise as Inflation Fears Mount

Copper Prices Rise as Inflation Fears Mount

The price of London copper rose on Monday as investors continued to look for a hedge against inflation, which shows no sign of cooling down. The three-month copper price on the London Metal Exchange (LME) climbed 0.4% to $9,899.5 a ton. According...

Do you need help or have a question?