China cuts banks’ reserve requirements, seeks to boost economy
China's central bank has decided to cut the reserve requirement ratio, the amount of cash commercial banks are required to hold. Central bank Governor...
Argentina’s annual inflation rate rises to 211 percent, highest in 32 years
Argentina's annual inflation rate climbed to 211.4 percent in December, the highest in 32 years. This follows from data published on Thursday by the...
US stocks went both ways ahead of stats and corporate earnings, dollar rose
The major stock indices in the United States went both ways today. The S&P 500 and Dow Jones weakened today, while the Nasdaq rose....
British economy declined slightly in the third quarter, recession looms
Britain's gross domestic product (GDP) contracted slightly in the third quarter, according to revised figures. According to the BBC, the British economy is at...
Euro strengthens after ECB Monetary Committee meeting
The European currency is strengthening today, hitting its highest level in two weeks against the dollar. The euro was supported by the European Central...
Shares in the United States strengthened after the labor market report, the dollar firmed
Shares in the United States rose at the end of the week, with gains for Nvidia and Meta Platforms. The US labour market report...
US stocks strengthened led by technology companies
US stocks strengthened today, led by technology companies that benefited from investor optimism about the future of artificial intelligence (AI). The Dow Jones index,...
The European Commission has lowered the estimate of this year’s growth of the EU...
The European Commission (EC) has downgraded the EU's economic growth estimate for this year to 0.6 percent. This is two-tenths of a point weaker...
Dollar weakens significantly, investors lean towards riskier assets
The dollar is weakening significantly today. Investors are leaning towards riskier assets. They are betting that the US Federal Reserve (Fed) is...
Reuters:G7 countries to agree on rules for AI companies
The G7 group of economically advanced countries will agree on Monday on a code of conduct for companies developing advanced artificial intelligence (AI) systems....
