The Dow Jones Industrial Average closed up more than 600 points on Friday (July 15), boosted by strong earnings releases at listed companies, strong economic data. And investors eased concerns about the Federal Reserve (Fed) will raise interest rates more than expected. The Dow Jones Industrial Average closed at 31,288.26, up 658.09, or +2.15%, the … Read more
After US inflation peaked in 41 years, pressure on the US Federal Reserve (Fed) to tighten monetary policy. By continuing to raise interest rates at full speed It aims for the policy interest rate at the end of this year to be 3.4% from the current 1.50-1.75%. However, raising interest rates to curb inflation will … Read more
The Dow fell more than 100 points today after the release of higher-than-expected non-farm payrolls. This will be a factor supporting the interest rate hike of the US Federal Reserve (Fed). At 9:03 p.m. Thai time, the Dow Jones Industrial Average stood at 31,227.58 points, minus 156.97 points or 0.5%. The US Department of Labor … Read more
The US bond market posted an inverted yield curve for the third day in a row, as the yield on the two-year US Treasury surged past 3% and jumped above the five- and 10-year-olds amid concerns the US economy faces. Recession as the Federal Reserve (Fed) has accelerated to raise interest rates to curb inflation. … Read more
The Thai stock market at the end of the morning fell more than 10 points, as the energy sector pushed down on the index. expected to reduce the risk Awaiting the outcome of the Federal Open Market Committee (FOMC) meeting, where analysts from many agencies had expected the Fed to raise interest rates by 0.75%, … Read more
Dollar weakens against major currencies While investors are keeping an eye on the results of the Federal Reserve’s (Fed) meeting tonight. As of 9:04 p.m. PST, the dollar was 0.72% lower to 134.49 yen, while the euro was down 0.6% to 140.24 yen and rebounded 0.13% to $1.043. The index measures the dollar’s movements against … Read more
Crypto markets have been in turmoil after US inflation soared to 8.6 percent in May, which could pressure the Fed to raise interest rates to 0.75%, above expectations of just 0.50%, while the protracted Russia-Ukraine war remains unresolved. Repeatedly, intensifying the violence Investors sell to reduce the risk. Bitcoin price dropped $ 28,000 at $ … Read more
WTI crude futures fell more than 1%, falling below $120 today. After China announced new lockdown measures in Shanghai. Oil prices were also hit after the U.S. released a higher-than-expected consumer price index (CPI). This may cause the US Federal Reserve (Fed) to accelerate interest rates to curb inflation. At 10 p.m. Thai time, the … Read more