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The Good news is Bad news! Stocks down on upbeat US data
GDP was not that worse; initial jobless claims fell againWhile investors are mostly waiting for any news and comments from Jackson Hole Symposium, today's US data was published much better than expected. The latest GDP update by the US Bureau of...
Apple lovers eyes on September 16, Investors at seventh!
Company officials say Apple (AAPL) will announce the new products on September 7!According to a Bloomberg report, Apple (AAPL) is planning to launch its annual new products on September 7. iPhone 14 will be introduced with many other new devices, inc...
Stock markets ahead of the Jackson Hole Symposium!
Recession, Mixed outlooks, and expectations!The latest data from different economies confirm that recession evidence piles up globally. After weak data seen in Asian and European economies yesterday, the August PMI data released by Markit in the Unit...
Oil ignoring the PMI data to raise more!
Economic activity in the Eurozone eased for the second month in a row!Published data from Japan for August showed Japan's manufacturing sector grew at its slowest pace in 19 months. While earlier published Purchasing Manager Index numbers shows that...
The collapse of the Euro
Will this crisis lead to the collapse of the EU?The Russian invasion of Ukraine had a prominent victim, which was not Ukraine; it was the European Union! Europe and America used the sanctions to confront and put pressure on Russia, and Russia used it...
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