Market News

FOMC Majority Sees 2022 Hikes; Fed Indicates Tapering to Start in November; USD, Stocks Slightly Higher

The company owes money to 171 Chinese banks and 121 other firms, so its potential default could affect local financial institutions’ lending capabilities.

Global Stock Markets Mostly Weaker; US Dollar Strong; BoJ Leaves Policy Unchanged

This announcement came after the German government reported its highest inflation level since 1993, as the Consumer Price Index stood at 3.9% in August.

Global Stock Markets Weaker; Chinese Contagion Risk; Dollar & Yen Strong

This would require crypto asset service providers to comply with the regulatory framework, which includes operational and organizational requirements.

US CPI Lower Than Expected; Poor Chinese Retail Sales Hits Stocks; Natural Gas Hits Multi-Year High

WTI Higher on US Supply Chain Concerns; Quiet Forex Market; Cryptocurrencies Weak

Fears of Slower Growth Hit Stocks; US Dollar Bid; Cryptocurrencies Weak

The European Central Bank decided to have its QE and eat it too, slowing the pace of its purchase program without decreasing the overall amount, to ensure the reduction is technically not a “taper”.

This is the highest producer inflation in 13 years and is mainly due to the increase in commodity prices, particularly rising coal, chemicals, and steel prices, that has been boosting inflation in the rest of the world.

Fears of Slower Growth & Tapering Dent Stocks; Bitcoin Looking Heavy; US Dollar Bid

Oil has been tumbling mainly because there have been signs of a weak economic recovery now that the delta variant is spreading and governments are imposing restrictions on economic and social activities.

Japanese Market Boosted by PM Resignation; Friday’s NFP Disappoints; US Dollar Recovers Slightly

According to Bank of Japan Board Member Goushi Kataoka, the negative effects of the pandemic on the economy will last longer than expected, casting into doubt the bank's provisions for the economy.