Newsdesk5 minutes read Weekly Digest: U.S. Avoids Default, Eurozone Inflation Cooling 03/06/2023: U.S. Congress approves debt-limit suspension, Eurozone inflation falls to the lowest level since Russia’s invasion of Ukraine, BRICS foreign ministers meet in Cape Town as Putin arrest warrant looms. And more.
Newsdesk4 minutes read Weekly Digest: Germany in Recession, U.K. Inflation Drops to Single Digit 27/05/2023: Germany slips into a technical recession, U.K. inflation drops back below 10% in April, a U.S. recession could be “good news” for markets. And more.
Newsdesk4 minutes read Weekly Digest: Eurozone Inflation Ticks Up, AI Profit Boom 20/05/2023: Eurozone inflation accelerates fueled by rising services and energy costs, Goldman strategists see a potential surge in profits driven by AI, gold price slides. And more.
Newsdesk5 minutes read Weekly Digest: U.S. Inflation Cools, Debt Ceiling Crisis 13/05/2023: U.S inflation cools for the 10th straight month but price pressures remain, Yellen warns of “economic catastrophe”, the Bank of England raises rates in its battle with inflation. And more.
Newsdesk4 minutes read Weekly Digest: New Fed Rate Hike, Kremlin Drone Attack 06/05/2023: The Fed increases rates a quarter point and signals a potential end to hikes, Moscow says the U.S. is behind an alleged drone attack on the Kremlin, Europeans drain billions from banks to protect their savings. And more.
Newsdesk5 minutes read Weekly Digest: Investors Bet Against U.S. Dollar, Gold Firms Gold goes up amid economic and banking uncertainty, billionaire investor Stanley Druckenmiller is shorting the U.S. dollar, the U.K. considers reforms of uninsured bank deposits after the SVB collapse. And more.
Newsdesk4 minutes read Weekly Digest: U.K. Double-Digit Inflation, Bank Job Cuts 22/04/2023: U.K. inflation stays at 10% as food prices keep soaring, big banks are cutting jobs to curb costs, Macron is facing turbulence over his drive to win China’s backing for Russia-Ukraine talks. And more.
Newsdesk5 minutes read Weekly Digest: Gold Rally, Top Secret U.S. Intel Leaked Online 15/04/2023: The gold price reaches a 1-year high amid rising economic worries, classified documents detailing U.S. and NATO plans on Ukraine have appeared on social media, Macron faces backlash over Taiwan comments. And more.
Newsdesk3 minutes read Weekly Digest: Gold Eyes New Record, Banking Crisis Aftermath 08/04/2023: Gold hits a 13-month high and may be nearing a new record, JPMorgan CEO warns of banking crisis repercussions, Finland officially joins NATO. And more.