Tag: shock

Fed’s Shock Tactics Sink Equities, Supercharge The Dollar

Fed chief Powell sends a ‘forceful’ message about slaying inflationStocks and risk-sensitive currencies tank, alongside yen and goldDollar is the only winner as it hits fresh two-decade highsShock therapyThe Fed chief resorted to...

Crude Oil Costs Could Bounce Again After Preliminary China Lockdown Shock

WTI Crude Oil, China, Shanghai, Covid, Russia, Sanctions - Speaking FactorsWTI and Brent crude oil costs dropped greater than 8% in a single day on Shanghai lockdown Negotiation odds between Ukraine and Russia...

Canada CP Rail strike so as to add to commodities provide shock sparked by Ukraine conflict By Reuters

© Reuters. FILE PHOTO: The management tower overlooks Canadian Pacific Railway's (CP Rail) Toronto Yard in Scarborough, Ontario, Canada March 20, 2022. REUTERS/Chris Helgren TORONTO (Reuters) - A labor dispute that shut down operations...

If international change reserves aren’t actually cash, the world is in shock

“What's cash? is a query economists have grappled with for hundreds of years, however the Russian central financial institution’s reserve freeze has revived its relevance for the world’s greatest nations, notably China. In...

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