Energies
Monthly Archives: February 2023
Expectations About Raise of Interest Rate Increase
Written on February 17, 2023 at 8:11 am, by Designer
MARKET NEWS SUMMARY Producer price index data showed a less-than-expected decrease in price inflation at factory gates, and the index fell from 6.5% to 6.0%, though it was expected to decrease to 5.4%. On Thursday, Wall Street closed sharply lower especially after unexpectedly strong inflation data and a decline in weekly jobless claims raised fearsContinue Reading
What Are Shares? How to Invest in them?
Written on February 16, 2023 at 1:02 pm, by Designer
What Are Shares in Detail? What are shares? Shares have been a popular investment option for centuries. In the trading world, shares could promise some good opportunities, so what are they? When a trader or investor buys a company share, he owns a small part of that company. To simplify the concept, we can pictureContinue Reading
How to Trade Indices?
Written on February 16, 2023 at 12:19 pm, by Designer
A Definition of Indices How to trade indices? To learn that, you first need to understand what indices are. In the stock market, an index refers to a static measure that gauges the performance of several stocks rather than just one. It is a kind of visual representation of a certain part of the stockContinue Reading
Gold Loses its Luster and the Dollar Dominates
Written on February 16, 2023 at 9:16 am, by Designer
MARKET NEWS SUMMARY US indices closed with limited gains in Wednesday’s session after stronger-than-expected retail sales data showed evidence of resilience in the US economy, but gains were capped as investors are worried about further interest rate hikes by the Fed in the coming months. On Wednesday, a report released by the US Commerce DepartmentContinue Reading
Inflation is Still Far from its Targets
Written on February 15, 2023 at 7:56 am, by Designer
MARKET NEWS SUMMARY Yesterday, Tuesday, February 14, the US Department of Labor announced that the consumer price index in the United States rose 0.5% last month after rising 0.1% in December. The month-on-month increase in inflation was partly affected by higher gasoline prices, which increased 3.6% in January, according to data from the US EnergyContinue Reading
Inflation Rates Control the Movement of Markets
Written on February 14, 2023 at 9:10 am, by Designer
MARKET NEWS SUMMARY US stock indices rose at the end of trading on Monday, as investors turned their attention to the expected inflation data. Attention is on the consumer price index data in the United States, scheduled for release today, Tuesday, which is expected to have increased by 0.4% in January. This data may moveContinue Reading
A Week Full of Important Economic Data
Written on February 13, 2023 at 7:23 am, by Designer
MARKET NEWS SUMMARY The Dow Jones index rose by 0.5%, that is equivalent to about 170 points, in Friday session, to close at 33,869 points, and the S&P 500 index rose by 0.2%, to close at 4,090 points. Both indices received support from the energy sector, which topped the list of gainers, supported by anContinue Reading
Gold is Losing its Lustre and Stocks are Falling
Written on February 10, 2023 at 7:46 am, by Designer
MARKET NEWS SUMMARY Yahoo announced that it plans to lay off 20% of its workforce by the end of this year, with 1,000 jobs shed this week alone. US indices recorded a collective decline at the close of Thursday’s session, pressured by the rise in Treasury yields after a weak auction of bonds for 30Continue Reading
The Dollar Stabilizes and Corporate Profits Are Higher Than Expectations
Written on February 9, 2023 at 9:13 am, by Designer
MARKET NEWS SUMMARY The Walt Disney Company posted quarterly earnings and revenue that were higher than analysts’ expectations, while the number of subscribers to its paid streaming service Disney+ fell by about 1%. Adjusted earnings per share: $0.99, above Refinitiv’s forecast of $0.78. Oil prices rose at the settlement of trading on Wednesday, February 8th,Continue Reading
