According to strategists at Swiss bank UBS, the US S&P 500 index may reach 5,500 points this year, which implies an increase of 5%.The main factors that could contribute to growth include disinflation, lower Fed rates, increased corporate revenues, and continued investment in artificial intelligence. At the moment, when almost all companies in the index have already published their reports, average revenues, especially in the technology sector, remain high: profits have been revised up by 7%... Read More
The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime... Read More
For the months of October to December 2016, the state of the New Zealand economy kept an optimistic... Read More
The Bank of Japan economic assessment shows a positive outlook in its quarterly report on Monday.... Read More
Oil prices edged higher as the dollar weaken and the expectations about Organization of the... Read More
The sterling pound dropped by as much as 1.6% and has settled below $1.20 for the first time since... Read More
The Federal Reserve publicized on Thursday that the planned fiscal and tax plans under Tump\s... Read More
According to the official data released on Friday, the exports of world’s second biggest economy w... Read More
Oil prices increased in value and has recorded its largest two-day gains within the six-week... Read More
The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the... Read More
Brexit poses no risk at all towards the UK economy, BOE’s Governor Mark Carney told the Members of P... Read More
The USD weakened dramatically during the previous trading sessions while stocks surged in value... Read More
The global economic forecast from World bank decreased by 0.1 percentage... Read More
After the victory of Donald Trump in the U.S election two months ago, the 45th American President... Read More
The World Bank has stated that Trump’s proposed tax cuts and other spending policies could p... Read More
Host of the next Olympic games is expected to increase its local economic output as much as $11.2... Read More
The British currency declined by 1% and fell sharply to its two-month low versus other major pairs... Read More
The US dollar surged in value against the Japanese yen and remained just above 117.00 points for... Read More
The benchmark for 10-year government bonds yield of Germany climbed to a three-week high on Monday.... Read More
From the previous months of October to December last year recorded the highest growth on a... Read More
A number of potential candidates for the top office at the Federal Reserve are hinting at... Read More
The U.S. dollar plunged over the past three weeks against a basket of other major currencies on... Read More
The cabinet of the Venezuelan government was shaken on Wednesday as President Nicolas Maduro named... Read More
The USD decreased in value against the JPY for the second consecutive day after the minutes from... Read More
The inflation rate in the European region had increased, reaching its highest pace after three... Read More
US Treasuries careened between losses and gains after the minutes from the FOMC meeting last... Read More
Yuan rallied this year especially the offshore trading and China is creating its contingency plan... Read More
The figures for the employment rate of the German country improved compared with the result last... Read More
Oil moved higher this day as price hikes caused by the supply reduction of crude from top oil... Read More
The USD has recently surged to its highest levels in 14 years as a string of highly positive... Read More
The expected economic performance for 2017 appears to be very much alike with 2016 outlook. The... Read More
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