Home Economy

Economy

Latest

Inflation, recession and corporate financial outcomes. Major Factors That Will Affect Stock Markets in 2023

PJ -
Stock markets not only in the United States have had their worst year since the 2008 financial crisis erupted. Indeed, having written off...
The export embargo by Russia will be in place for five months so far. The Kremlin's retaliatory measure comes after countries in the European Union and the Group of Seven of the world's economically strongest nations (G7) agreed to impose a price cap on Russian oil.

The Kremlin has put a “ban” on Russian oil exports to the EU and...

PJ -
From February next year, Russia will stop exporting oil to European Union and G7 countries. Russian President Vladimir Putin issued a decree on...
Wall Street's main S&P 500 index has written down around six percent so far in December. 

Constellation in stock markets suggests Santa Claus rally will come

AHAV -
Wall Street's main S&P 500 index has written down around six percent so far in December. But the average share gain for December...
Sweden's economic output will fall by 0.7 percent in 2023. Back in November, the Swedish Ministry of Finance estimated that the country's gross domestic product would fall by only 0.4 percent.

Swedish economy to face deeper and longer recession than previously expected

PJ -
Sweden's gross domestic product will contract slightly more than expected next year. Both households and firms will be affected by the poor economic...
The European single currency was weakening just before the European Central Bank's base interest rate was announced.

A trio of central banks in Europe have raised their base interest rates

PJ -
Not only the US Federal Reserve but the European Central Bank, the Bank of England and the Swiss National Bank raised their...
The Fed's next monetary policy meeting is likely to result in a 0.5 percentage point rise in the base interest rate.

Fed chief Powell: We will continue to raise rates, only at a more moderate pace

PJ -
Federal Reserve Governor Jerome Powell confirmed central bankers would continue tightening monetary policy. Only at a lower rate than so far. The effects of...
In response, the US dollar weakened 0.8 percent against the Japanese yen and fell 0.6 percent against the euro

Majority of Fed leadership sees an early slowdown in rate hikes, according to minutes...

PJ -
The US dollar weakened quite sharply against all major world currencies in the middle of the week. The expected release of the minutes...
The annual inflation rate in the European Union reached 11.5 percent in October. This is 0.6 percentage points more than in September. Prices increased by 1.4 percent month-on-month, Eurostat, the European statistical office, said.

Inflation in the European Union has risen again.The old member states are taking the...

AV -
Highest inflation in Estonia Although it is still true that Estonia has the highest annual inflation, some of the...
Almost half of the £55bn Jeremy Hunt wants to save is to be raised on the income side, the rest on the spending side.

Britain’s finance minister has unveiled a plan to consolidate the state budget. There will also...

PJ -
The head of Britain's state casino, Jeremy Hunt, has a plan to cut the state budget deficit. Using all sorts of measures on...
stocks, apple, technology

Market Cap of the Big Five Tech Giants Slumped by $1.5T in Less than...

KaH -
According to data presented by TradingPlatforms.com, the Big Five tech giants have collectively lost over $1.5trn in market cap in less than a...
123...40Page 1 of 40

MOST POPULAR

Load more

HOT NEWS

© Almina Corp a.s. All rights reserved