Energies
Monthly Archives: November 2022
Markets are waiting for Powell’s statements coinciding with recession expectations!
Written on November 30, 2022 at 10:03 am, by Designer
Credit Suisse believes that expecting that the Fed or any major central bank will cut interest rates next year is misplaced because inflation will remain the highest rates set by banks. The bank indicated in its forecast report for the coming year that financing conditions will remain tight, and the persistence of geopolitical and economicContinue Reading
Stocks Fall Amid Conflicting Expectations for Inflation!
Written on November 29, 2022 at 7:17 am, by Designer
John Williams, President of the Federal Reserve in New York, believe that the Federal Reserve would not cut the interest rate before 2024. He added in remarks yesterday, Monday, November 28: The bank needs to raise interest rates to a level sufficiently restrictive to push down on inflation and keep them there for all nextContinue Reading
The US Dollar Returns to Be the First Safe Asset and Pushes the Markets Lower!
Written on November 28, 2022 at 9:10 am, by Designer
The current week begins with US jobs data and central bank chiefs’ speeches leading the way in financial market movements. As for the cryptocurrency market, Sam Bankman Fried, founder of the FTX platform, will speak this week. His speech will be of particular importance as it is the first appearance in the press since theContinue Reading
Moscow Responds to the New Sanctions Package Targeting Russia
Written on November 25, 2022 at 8:21 am, by Designer
European Central Bank Vice President Luis de Guindos said yesterday, Thursday, November 24, that inflation in the eurozone will hover around its current level over the next few months before starting to decline at some point during the first half of 2023. And European stocks rose at the close of trading yesterday, Thursday, November 24,Continue Reading
The Stock Markets Are Shining and The Dollar Is Paying the Price
Written on November 24, 2022 at 8:11 am, by Designer
The minutes of the latest Fed meeting on Wednesday, November 23, showed that most of the Fed’s officials support slowing the rate hike soon. Reflecting statements that multiple officials have made over the past several weeks, the meeting summary pointed to smaller rate hikes coming. Markets widely expect the rate-setting Federal Open Market Committee toContinue Reading
Attention turned towards the Federal Reserve minutes and the markets are experiencing calm before the storm
Written on November 23, 2022 at 7:47 am, by Designer
A senior official at the US Treasury Department said on Tuesday (November 22nd) that the Group of Seven countries is expected to announce soon the rise of Russian oil export prices, and that the group will most likely adjust the level a few times a year rather than monthly. This rise in oil prices wereContinue Reading
The US dollar is gradually regaining its strength, pushing commodities and stocks lower
Written on November 22, 2022 at 7:26 am, by Designer
China imposed new strict COVID-19 measures in Beijing after the country reported the first death case in nearly six months, and this negatively affected stock markets along with gold and other commodities. Kitco senior analyst Jim Wyckoff said the news from China was putting stock and commodity markets under pressure due to global demand concerns.Continue Reading
A week with a lot of economic news, and oil breaks $80 a barrel
Written on November 21, 2022 at 9:14 am, by Designer
A lot of economic news came up this week, led by the purchasing managers’ indices in America and Europe, and the minutes of the Federal Reserve meeting. As for Turkey, it is expected that we will witness a new cut in interest rates during the central bank meeting. On the other hand, the New ZealandContinue Reading
