China’s currency falls to record low – central bank under pressure

Chinese yuan The currency comes in an onshore variant, which is legal tender in China, and an offshore entity, which is traded abroad. Both are currently under a lot of pressure. (Photo: Reuters) Beijing, Frankfurt The different strategies of the US and the Chinese central bank (PBoC) are reflected in the exchange rates in Asia: […]

Gold futures rebounded 2.80 dollars as the dollar weakened to support the market.

Comex gold contract Delivered in Dec. Plus $2.80 Close at 1,636.20 dollar/ounce A weakening dollar will increase the attractiveness of gold. by making gold contracts cheaper for holders of other currencies However, the positive range in gold prices was constrained by concerns about the Federal Reserve’s accelerating interest rate hikes.Fed) with the expectation that The […]

Dow Jones plunges into negative territory After soaring more than 300 points | RYT9

The Dow Jones Industrial Average fell into negative territory. After soaring more than 300 points in the early amid volatile trading At 11:50 p.m. Thai time, the Dow Jones Industrial Average stood at 29,108.29 points, minus 152.52 points, or 0.52%. The Dow fell more than 300 points yesterday as investors feared the Federal Reserve’s raising […]

New York Stock Market: Dow Closes 486.27 Points | RYT9

The Dow Jones Industrial Average closed lower Friday (Sept. 23) as investors continued to sell stocks amid recession fears. After the Federal Reserve (Fed) insisted on tightening monetary policy to curb inflation. In addition, the release of the Purchasing Managers’ Index (PMI), which included the US manufacturing and primary services sectors, contracted for the third […]

Europe in technical bear market. Gold and oil renew lows – Markets in a minute

Band of “hawks” rolls oil barrel: black gold returns to January Oil, traded in both London and New York, renews lows from January this year, heading for the longest streak of weekly losses this year. The West Texas Intermediate (WTI) – traded in New York – lost 5.74% to US$78.70 per barrel, while the North […]

FED raises interest rates by 0.75% (22 September 2022)

last wednesday The index moved in the positive and negative territory. There is an accelerated sales force at the end of the market. to reduce the risk Investors followed the Fed meeting on Sept. 21, 65, including Dot Plot, with strong buying in ICT stocks on the issue of TRUE-DTAC, while selling pressure on retail […]