Daily market review

Russia Shuts Down Nord Stream 1 Pipeline  Aug. 31, 2022 As of 01:00 GMT Wednesday, Russian energy giant Gazprom suspended all gas flows to Europe via Nord Stream 1 due to maintenance. Gazprom ...

Key Inflation Indicator for the Fed Spikes to Highest Level in 39 Years July 29, 2022 The Bureau of Economic Analysis released the personal consumption expenditures price index (PCE) report Frida...

Zimbabwe Plans to Introduce New Gold Coins to Curb Inflation June 30, 2022 The Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) is working on a monetary plan to stabilize its national...

Inflation Soars to Record Highs in the EU May 31, 2022 The EU’s consumer price index (CPI) was released Tuesday, revealing a record-breaking 8.1% rise year-over-year (YoY) for May 2022. This se...

Important Fed Inflation Gauge Jumped 5.2% for March Apr. 29, 2022 March’s personal consumption expenditure (PCE) prices, which excludes energy and food, grew 5.2% from a year ago. Core PCE, inc...

Fed’s Key Inflation Gauge Spikes 5.4% for March Mar. 31, 2022 The core personal consumption expenditures (PCE) price index rose 5.4%, more than this time last year, making it the highest increa...

As the world transitions out of the COVID-19 pandemic and works towards rebuilding its economy, a growing conflict between Russia and Ukraine has reached a boiling point.  Since 2014, Russian sepa...

Russia Central Bank Doubles Interest Rates to Slow the Collapse of Ruble Feb. 28, 2022 The US, UK, and EU implemented a multitude of economic sanctions against Russia for its incursion on Ukrai...