Global markets finished the week mix Global markets started the week lower. Germany’s gross domestic product (GDP) declined by 0.2% in the fourth quarter of 2022 compared to the previous three-month period, slightly more than analysts predicted. In addition Consumer confidence in the United States declined in January, at 107,1 down from the predicted 109.0. […]

Global markets finished the week higher Global markets started the week mixed. European Central Bank noted that “the near-term growth outlook is weaker for the Euro Area than for the United States” and ECB official Isabel Schnabel stated that interest rates will have to “rise significantly.” In addition, US markets gained in the middle of […]

Global markets finished the week higher Global markets started the week mixed. The Germany CPI rose by 8.6% in December, lower than the 9% which was the forecast on consumer prices. Moreover, manufacturing activity in the United States declined further in December, according to a report released by S&P Global on Tuesday. The adjusted S&P […]

Global markets finished the week mixed Global markets started the week lower as for the fifth straight month in November the Eurozone economic activity declines. The Eurozone Purchasing Managers’ Index (PMI) Composite Output Index settled at 47.8 in November. Moreover, ISM service sector data increased for the 30th consecutive month reaching 56.5%. In addition, European […]

Global markets finished the week mixed Global markets started the week lower as the European Central Bank’s president Christine Lagarde comments that Eurozone is not done with the inflation and the interest rates will continue to increase. Moreover, investors are concerned that the fresh lockdowns in China could affect the supply chain. In addition, global […]