The year ahead is shaping up to be inflationary and in turn a high interest rate environment. Read more.
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In this review, we propose to consider a personal composite instrument (PCI) "XAUAUD". It reflects the price dynamics of gold against the Australian dollar. Will the XAUAUD quotes continue to rise? Read more.
The growth rate of new vehicle sales is expected to decline to around 8% in 2022. This follows a strong 22.1% increase in sales in 2021, after a 29.2% decline in sales in 2020 due to the Covid 19 pandemic. Read more.
The dollar strengthened early in the week as traders bet that U.S. inflation data and speeches by Federal Reserve officials would lead to higher interest rates. Read more.
David Marcus, the head of cryptocurrency efforts at Facebook parent company Meta, announced Tuesday that he will be leaving the company at the end of the year.
Zoom reported better-than-expected quarterly profit on Monday, but warned investors that revenue growth at the video chat company will slow as the pandemic comes to an end. Read more.
The markets were positive yesterday for the first time in the last 2 weeks in the lead-up to tomorrows FOMC announcement, US indices recovered but still has a fair amount of ground to make up to get back to this month’s open. Read more.