US CPI will determine FED rate hikes

US CPI will determine FED rate hikes

US CPI will determine FED rate hikes, this will be announced at 8:30 am on the 12th. The US CPI announcement is an indicator that will determine the trend of future interest rate hikes. Bloomberg expects the CPI to rise 6.5% last month from a year ago. This is a 0.6 percentage point drop from … Read more

Price of Gold increasing 15% in 2 months

Price of Gold increasing 15%

The price of gold has been increasing over the past 2 months as the US has slowed its pace of rate hikes. The price of Gold increasing 15% in 2 months. This is the best since 2020 when the global market shock from the coronavirus was the worst. Inflation in the United States has come … Read more

Discuss detailed IRA regulations

Discuss detailed IRA regulations, supply chain cooperation

U.S. Undersecretary of State for Economic Affairs: Discuss detailed IRA regulations and supply chain cooperation. Jose W. Fernandez Discussed detailed IRA regulations and supply chain cooperation. Jose Fernandez visited Korea on the 9th. He is the first high-ranking US official to visit Korea this year. The Deputy Minister plans to stay in Korea for three … Read more

FED will raise the interest rate to 5.5%

FED will raise the interest rate to 5.5%

Jane Fraser: Fed likely to raise interest rate in May CEO Citigroup predicted that the FED will raise the interest rate by 5.5% by May this year and maintain them at this level until the end of the year. At the Federal Market Opening Committee (FOMC) last December. the Fed proposed a final median rate … Read more

Cancer vaccine clinical trials in the UK

BioNTech will develop a cancer vaccine

BioNTech will complete the development of such a cancer vaccine and start clinical trials in the UK in September. The cancer vaccine, which prevents and treats cancer, will start clinical trials in the UK in September. Germany’s BioNTech will develop this vaccine, the m-RNA method is a chemical technology that does not require separate cultivation … Read more

Gold prices highest in 6 months

Gold prices highest in 6 months

Gold prices rose to their highest level in 6 months. Analysts are predicting a further rally in gold prices this year. Gold prices were the highest in 6 months. In London, it rose to $1,850 per ounce. U.S. gold futures also rose 1% to trade at $1844.10 per ounce. Prices have been steadily rising since … Read more

Oil Prices Drop by 4%

Oil Prices Drop by 4%

International oil prices drop by 4%. Global economic uncertainty and the strong dollar all weighed on oil prices. Oil prices drop by 4%, US West Texas Crude Oil futures fell 3.9% to record 77.15 dollars per barrel. The daily drop is the largest in more than a month. North Sea and Brent Crude at 82.33 … Read more

ECB interest rate hike is a concern in eurozone

ECB interest rate hike is a concern in eurozone

ECB interest rate increase is a concern in the euro zone, especially in Italy ECB interest rate hike, Italy is the weakest in the eurozone (19 countries that use the euro). According to the Financial Times, Italy was identified as the member country most vulnerable to the eurozone’s debt crisis. Nine out of ten economists … Read more

Canada Housing Crisis

Canada housing crisis

Canada temporarily bans foreign purchases to alleviate national housing crisis The Canada government is temporarily banning foreigners from buying houses to alleviate the housing crisis. Exceptions are made for home purchases by refugees and permanent residents of Canada. The Canadian government announced this policy at the end of last month and began to apply it … Read more

Stock market crashes in 10 years this year

Stock Market Crashes

Inflation, China and Ukraine, emerging markets, and corona are still variables As the world experienced the stock market crashes in 10 years this year, attention is focused on what the global stock market will do next year. Optimists believe that next year China will face a full reopening rather than a lockdown and central bank … Read more