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Dollar Steadies Ahead of Rate Decision; All Eyes On Powell The dollar steadied broadly against other major currencies today, after falling in …

Daily Market Brief 22-11-22

Japan’s Nikkei Closed Lower. The Japanese Nikkei index closed lower on Tuesday, January 31, with investors awaiting the results of the Federal …

The Awaited Week Has Come. Investors and traders have been awaiting this week since the beginning of this year when three major …

The US Economy Grew by 2.9% in the Fourth Quarter of 2022, Ignoring Looming Recession Fears. The US economy ended 2022 in …

February 3, 2023: US Corporates Announce Revenues

Apple Records Largest Quarterly Decline in Revenue in 6 Years. Apple’s revenue fell at the sharpest quarterly pace in six years during the first quarter of fiscal 2023, as iPhone and Mac’s sales fell. The company’s business results revealed that net profit amounted to $29.9 billion in the three months ending in December, compared to →Read more

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February 2, 2023: Markets React To Powell’s Speech

The Fed Raised Interest Rates by 25 bps. The Federal Reserve raised the interest rate by about 25 basis points, at a level between 4.5% and 4.75%, at the first bank meeting in 2023. The Federal Reserve’s monetary policy statement stated that it would be appropriate for continued interest rate increases. The Fed stressed that →Read more

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