Financial News

European shares fell Tuesday as investors turned cautious ahead of a speech by Federal Reserve

Chairman Jerome Powell after two U.S. central bankers struck hawkish tones overnight. The pan-European STOXX 600 was down 0.7% by 0811 GMT. In the previous session, the index had reached its highest level in eight months. Powell’s speech later in the

Spain says GDP growth in 2022 was faster than 5%

According to what Spain economy minister, Nadia Calvino says, the growth of the Spanish economy again exceeded the most optimistic forecasts, with growth higher than 5%, driven by the exceptional behavior of the job market, investment and exports. This is a

The continuation of the 10-year Japanese government bond yields

The testing of the upper limit on the 10-year Japanese government bond yield is likely to continue for some time, just as it did before the BOJ’s change last month, when the level was 0.25%. The central bank expressed concern that the yield was

Asian stocks tumble ahead of Powell’s speech

Most Asian stock markets fell Tuesday as optimism about China’s reopening has been dampened recently. while investors became cautious in anticipation of further guidance on U.S. monetary policy from Federal Reserve Chairman Jerome Powell. The

U.S. dollar held steady as investors assess the increase in interest rate; (Jan 08, 2023)

The U.S. dollar trended unchanged on Monday as investors digested last week’s economic data. At the same time, hopes for a slowdown in interest rate hikes by the Federal Reserve intensified. Friday’s data showed nonfarm payrolls rose 223,000 in

ith China’s economic borders reopening and the Federal Reserve’s concern, Asian stocks increased;

Most Asian stock markets rose sharply on Monday amid optimism about improving economic conditions in China. While U.S. jobs data came in weaker than expected, investors expect the Federal Reserve to raise interest rates less than planned. Chinese stocks and