Canada Economy Slowed Down In July, Doubtlessly Developed By 0.1% In Aug
Canada Economy Slowed Down In July, Doubtlessly Developed By 0.1% In Aug Harvest Global Markets : Canada’s economy slowed down in July as the assembling area posted its greatest decay for over two years, however it undoubtedly developed by 0.1% in August, Measurements Canada said on Friday. Experts surveyed by Reuters had conjecture a 0.1% month-over-month […]
Oil prices are increasing due to concerns over the supply disruption caused by Russia’s ban on fuel exports
Oil prices are increasing due to concerns over the supply disruption caused by Russia’s ban on fuel exports Harvest Global Markets : Oil prices saw an uptick on Friday, driven by renewed global supply concerns stemming from Russia’s ban on fuel exports. These concerns offset fears of reduced demand due to macroeconomic challenges and higher interest […]
THE YEN LOST GROUND AS THE BANK OF JAPAN MAINTAINED ITS NEGATIVE INTEREST RATES, LEADING TO A STRENGTHENING OF THE DOLLAR
THE YEN LOST GROUND AS THE BANK OF JAPAN MAINTAINED ITS NEGATIVE INTEREST RATES, LEADING TO A STRENGTHENING OF THE DOLLAR Harvest Global Markets : On Friday, the Japanese yen experienced a significant decline in value after the Bank of Japan (BOJ) opted to maintain negative interest rates at -0.1 percent. This decision came shortly after […]
Silver Prices at a Crossroads: Navigating the Global Economic Landscape
Silver Prices at a Crossroads: Navigating the Global Economic Landscape Harvest Global Markets : Silver (XAG/USD) has recently been on a rollercoaster ride, closely tracking the movements of the U.S. dollar and the decisions of major central banks worldwide. In a complex global economic environment, predicting the direction of silver prices has become a daunting task. […]
Gold Ascents Focusing With Fed Pause in Sight, Copper Rallies On China Boost
Gold Ascents Focusing With Fed Pause in Sight, Copper Rallies On China Boost Harvest Global Markets : Gold costs rose in Asian exchange on Friday as business sectors bet that the Central bank will keep rates on hold in spite of late expansions in expansion, while copper costs flooded on more boost measures from significant shipper […]
Germany’s IFO Business Climate Index Surpasses Expectations in October, Signaling Strong Economic Sentiment
Germany’s IFO Business Climate Index Surpasses Expectations in October, Signaling Strong Economic Sentiment Harvest Global Markets : The October release of Germany’s IFO Business Climate Index has brought about positive news for the country’s economic outlook. The index surpassed market expectations by registering at 86.9, an improvement from the previous month’s figure of 85.8, which had […]
THE U.S. DOLLAR HAS SLIGHTLY DECLINED, WHILE THE EURO HAS REBOUNDED FROM ITS MULTI-MONTH LOWS FOLLOWING THE EUROPEAN CENTRAL BANK (ECB) MEETING
THE U.S. DOLLAR HAS SLIGHTLY DECLINED, WHILE THE EURO HAS REBOUNDED FROM ITS MULTI-MONTH LOWS FOLLOWING THE EUROPEAN CENTRAL BANK (ECB) MEETING Harvest Global Markets : The U.S. dollar retreated in early European trade Friday, while the euro rebounded from multi-month lows after the European Central Bank’s latest meeting signaled the rate hike will be its […]
Surprising Surge in UK Pay Rates Amidst Growing Unemployment Challenges
Surprising Surge in UK Pay Rates Amidst Growing Unemployment Challenges Harvest Global Markets : According to the latest official figures from the Office for National Statistics (ONS), pay rates in the UK have been increasing at a historically high rate, despite challenges in the labor market. In the three months leading up to July 2023, total […]
As Dollar Falls From Six-Month Highs, Gold Prices Rise
As Dollar Falls From Six-Month Highs, Gold Prices Rise Harvest Global Markets : On Friday, gold prices rose slightly from a 10-day low, taking some relief from the dollar’s fall from a near-six-month high. Additionally, some safe haven demand for the yellow metal was driven by concerns about worsening tensions between the United States and China […]
Saudi Arabia and Russia Extend Production Cuts, Fueling Global Inflation Concerns
Saudi Arabia and Russia Extend Production Cuts, Fueling Global Inflation Concerns Harvest Global Markets : In a significant move with far-reaching implications for the global economy, Brent crude oil prices have breached the $90-per-barrel mark for the first time since November. This surge comes as the largest oil-producing nations within the OPEC+ alliance, Saudi Arabia and […]