Energies
Monthly Archives: March 2023
US Indices Continue to Rise
Written on March 30, 2023 at 7:44 am, by Designer
market news summary European stock indices rose by more than 1% at the end of the trading session on Wednesday, March 29, as investor skepticism about the banking sector continued to recede. At the end of the session, the STOXX600 index rose by 1.3% to 450 points, as the banking sector rose by 1.9%, andContinue Reading
Oil Prices Continue to Rise
Written on March 29, 2023 at 7:40 am, by Designer
market news summary The BlackRock Investment Institute revealed that investors are betting that the Fed will start cutting interest this year though this scenario is highly unlikely. In a weekly bulletin, global investment analysts at the BlackRock Institute indicated that they do not see a possibility of cutting interest this year. They explained that theContinue Reading
A Buyout from First Citizens Bank Saves The Day
Written on March 28, 2023 at 7:46 am, by Designer
market news summary European indices rose at the close of the trading session on Monday, March 27th, with the return of cautious optimism following the sharp losses recorded during Friday’s session. At the end of the session, the STOXX600 index rose by 1.05% to 444 points, while the German DAX rose by 1.1%, recording 15127Continue Reading
US Stocks Are Rebounding
Written on March 27, 2023 at 8:03 am, by Designer
market news summary The US Federal Deposit Insurance Corporation said that First Citizens Bank has agreed to buy deposits and loans from Silicon Valley Bank. The deal includes the purchase of approximately $72 billion of SVB’s assets at a $16.5 billion discount, while approximately $90 billion of securities and other assets will remain “in receivership”Continue Reading
Gold is Over $2,000 Again
Written on March 24, 2023 at 8:49 am, by Designer
Market news summary On Thursday, March 23, US Treasury Secretary Janet Yellen said that she is ready to take further measures to secure US bank deposits amid turmoil in the US banking system. “We’ve used, as I said, important tools to work quickly to prevent transmission. And those are tools we can use again,” YellenContinue Reading
The Dollar Falls After the Fed’s Interest Rate Decision
Written on March 23, 2023 at 8:58 am, by Designer
market news summary The Federal Reserve raised interest rates by 25 basis points today on Wednesday, March 22, to 5% levels. This means the Fed raised interest rates for the ninth time in a row, to the highest level since 2007. According to the Federal Reserve’s expectations, the real gross domestic product will grow byContinue Reading
Gold is Falling and the Markets Are Awaiting Interest Rates
Written on March 22, 2023 at 7:40 am, by Designer
market news summary Russian President Vladimir Putin has emphasized his desire to expand bilateral economic relations with China. In his speech on the sidelines of Chinese President Xi Jinping’s visit to Russia, he added: The volume of trade exchange with China will reach $200 billion this year. Moreover, he stressed that trade exchange with BeijingContinue Reading
