Economy

According to a report from the Centre for Macroeconomic Analysis and Short-Term Forecasting, Russia is facing a stagnation in its industrial production and investments. This stagnation is coupled with a deterioration in exports, declining profitability in most industries, and a shortage of imported components and raw materials. The transition to stagnation is already visible in
0 Comments
The upcoming U.S. Federal Reserve meeting is expected to shed light on the central bank’s stance towards interest rate cuts in 2024. Market participants will be closely watching Fed Chair Jerome Powell’s comments regarding potential policy easing later in the year. The Fed’s previous projection of three rate cuts seems uncertain now due to stronger-than-expected
0 Comments
The recent rally in megacap growth stocks such as Alphabet and Microsoft has had a significant impact on the overall performance of the stock market. Following robust quarterly results from these technology heavyweights, investors have been buoyed by the positive news. Alphabet’s announcement of its first-ever dividend, coupled with a $70 billion stock buyback program,
0 Comments
The current market scenario reflects a mix of positive and negative indicators across different regions. Strong business activity data in Europe has led to a rise in the euro against the dollar, surpassing $1.07. This increase was further supported by Tesla’s announcement of new models, propelling its shares up by 13% in after-hours trading. Despite
0 Comments
German Chancellor Olaf Scholz and Finance Minister Christian Lindner have both expressed skepticism regarding the reform of Germany’s ‘debt brake’. The ‘debt brake’ is a constitutional provision that limits public deficits to 0.35% of the country’s GDP. Scholz mentioned that he does not see any imminent solutions coming from reforming the debt brake and pointed
0 Comments