The US Fed Delivered Its Biggest Rate Increase in More than 20 Years
The US Federal Reserve hiked interest rates by 50 basis points as expected on Wednesday, which was the biggest increase since 2000 and the dot-com bubble
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The US Federal Reserve hiked interest rates by 50 basis points as expected on Wednesday, which was the biggest increase since 2000 and the dot-com bubble
The Reserve Bank of Australia (RBA) increased interest rates by 25 basis points today, delivering the first hike since November 2010, in a backdrop of surging inflation
The week of April 25-29, is probably the busiest one of this earnings season, as we had a slew of high-profile companies reporting their results, including the rest of the FAANGs - Facebook (Meta), Apple, Amazon, Alphabet (Google)
The retail and tech giant reported poor results on Thursday after market close and posted its first net loss in seven years, weighed by its stake in EV maker Rivian
Facebook parent company, Meta, released mostly mediocre Q1 results after market close on Wednesday, but there were some bright spots that lift the stock
Gold covers earlier losses during the European session, in a backdrop of heightened Western-Russian tensions and persistent USD strength
The pair jumped to fresh twenty year highs today, after the Bank of Japan stayed dovish, running its eight straight profitable week
The German index recovers form fresh monthly lows and shakes-off worries around the supply of gas to Europe
The pair comes under renewed pressure during the European hours and hits the lowest levels since April 2017, running its fifth straight losing day
The pair moves to the offensive, as today’s data showed a surge in the Consumer Price Index during the first quarter of the year
The social media firm announced that it has agreed to be acquired by an entity wholly owned by Elon Musk and become privately held
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