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Increasing mortgage rates have impacted the entire housing market as the buzz gradually cools off.
Credit Suisse officials are notably exploring all means to get back on good terms with rating agencies, analysts, investors, and their broader stakeholders.
The overselling that is currently being seen in European stock may be extended, according to Wells Fargo’s Chris Harvey.
S&P 500 futures declined further to set a new low record as Wall Street observers ponder what could come next.
Euro at lowest level in 20 years in relation to the dollar, as energy woes continue to dictate the macroeconomic landscape.
The surge in the US-Dollar index has created unrelenting pressure on the price of crude and commodities.
Treasury yields surged in light of the Fed’s latest rates hike, with the 2-year yield establishing a new 15-year high.
The third consecutive 0.75 percent point increase announced by the Federal Reserve has impacted stocks across different sectors.
At the moment, the terminal rate is projected to be at 3.8% in 2023, but from the current inflation and its handling, the Fed will have to adjust these figures as well.
At the Federal Open Market Committee (FOMC) meeting slated for Tuesday and Wednesday this week, the Fed is expected to raise interest rates by as much as 75 basis points.
The crypto market continues unimpressive performance as Bitcoin consolidates below $20k and Ether dips further following post Merge sell-off.
Shell CEO Ben van Beurden will step down for renewables director Wael Sawan, after a nearly four-decade career, 9 of which he served as CEO.
There are now a lot of expectations from the wider Ethereum community as many will now look to test out the capabilities of the new Proof-of-Stake protocol.
The drop in the European stock market is in tandem with those of the US stock market.
With interest rates set to be hiked following this growing inflation figure, the US market is waking up with a bearish reaction to the news.