worldbusinessstar
Energy crisis in Europe to worsen due to impending liquidity crisis
After a conflict with Russia, Europe may have trouble obtaining gas and oil this winter. However, a new financial crisis—a liquidity crunch—could make things...
Congress to question the heads of major U.S. banks on consumer...
This week, lawmakers will question the top executives of JPMorgan, the Bank of America, Wells Fargo, Citigroup, and other significant U.S. retail banks on...
Stocks down, dollar up ahead of central bank meeting
Asia's stock markets were quiet on Monday as investors prepared for a week filled with 13 central bank events that will undoubtedly result in...
China’s economy expands but real estate issue gets worse
The rebound from the repercussions of COVID & heatwaves was sped up in August thanks to a faster-than-expected increase in factory output as well...
Fed rumoured to be acting more forcefully as inflation soars
The Federal Reserve is anticipated to hike the U.S. cost of borrowing faster and farther than previously projected after statistics on Tuesday showed underpinning...
BOJ appears to be preparing for currency intervention by checking FX...
As authorities increased their cautions about sudden drops in the yen, the Nikkei newspaper stated on Wednesday that the Bank of Japan has performed...
Amidst hawkish ECB signs, euro records 3-week high; dollar remains unchanged
On Monday, as European Central Bank policymakers argued for more aggressive monetary tightening, the euro surged to a more than three-week high against the...
Asia markets hike prior inflation test; the dollar is constrained
The U.S. dollar was constrained on Monday by the possibility of rising European interest costs and Japanese intervention, while Asian stock markets rose on...
Sterling may drop even further in price when it goes back...
The fall in the value of the pound versus the dollar to levels last seen in 1985 has raised concerns about a sharp decline...
Dollar reaches higher, euro tumbles far from parity
The U.S. services sector report from August supported the idea that the economy is not in recession, and the dollar advanced on Tuesday while...
