Global markets finished the week mixed Global markets started the week lower as the European Central Bank’s president Christine Lagarde comments that Eurozone is not done with the inflation and the interest rates will continue to increase. Moreover, investors are concerned that the fresh lockdowns in China could affect the supply chain. In addition, global […]

Global markets finished the week mixed Global markets started the week lower as investors saw that the European Central Bank and US Federal Reserve are more likely to continue raising interest rates in order to reduce the inflation. In addition, global markets had gains in the middle of the week after the US federal Reserve […]

Global markets finished the week lower The news this week were generally good, but this was not reflected in global markets as it was a relatively flat week. The US producer price index (PPI) report was better-than-expected, showing that inflation pressures are moderating. Also, Wednesday’s retail sales came with stronger-than-expected data as they showed a […]

Global markets finished the week higher Global markets started the week mostly higher after the release of new economic data on housing, industrial production, and investor confidence in Europe. In addition, investors were bracing themselves for the forthcoming data on inflation to be published this week and ahead of the U.S. midterm elections. Historically, the […]

Global markets finished the week higher Global markets started the week mix after Eurostat put the Eurozone inflation estimate at another all-time high in October. In addition, investors were bracing themselves for another Federal Reserve meeting. Later in the week Federal Reserve’s and Bank of England raised interest rates by additional 75 basis points, which […]