Ghana's Latest Supersized Hike Puts Rates at 19-Year High

bloomberg.com Ghana's Latest Supersized Hike Puts Rates at 19-Year High Bloomberg

Lagarde Says ECB Must Hike Even as Economy Weakens Into 2023

bloomberg.com Lagarde Says ECB Must Hike Even as Economy Weakens Into 2023 Bloomberg

Top 3 Crypto Projects to Watch this Week

watcher.guru The crypto markets continue to struggle as we enter the last month of 2022. The global cryptocurrency market cap is still below the $900 billion mark, and Bitcoin (BTC)…

Ghana Currency Funk, Inflation Jump to Spur Rate Hike: Day Guide

bloomberg.com Ghana Currency Funk, Inflation Jump to Spur Rate Hike: Day Guide Bloomberg

NZ faces 'shallow' recession as rates need to rise more

investing.com By Stella Qiu SYDNEY (Reuters) - New Zealand is likely facing a "shallow" recession as interest rates need to rise further to tame inflation, a top central banker said on…

Litecoin investors should read this before taking a position on LTC

ambcrypto.com Litecoin social hike drops, affecting the coin’s performance - The price action revealed that LTC was captured in between a price decrease and sustaining its current region…

ECB's Makhlouf sees smaller interest rate hikes in 2023, if needed

reuters.com DUBLIN, Nov 27 (Reuters) - The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council…

Canada’s inflation rate held steady in October, increasing likelihood of BoC rate hike next month

theglobeandmail.com Canada’s inflation rate held steady in October after slowing for three months, increasing the likelihood that the Bank of Canada will raise interest rates again in December.…

Gold Shines Bright

zerohedge.com Gold Shines Bright Authored by MN Gordon via EconomicPrism.com, The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to…

"2023 Will Be Bad": Global Growth Set For Weakest Level Since 2009

zerohedge.com "2023 Will Be Bad": Global Growth Set For Weakest Level Since 2009 As global central banks aggressively hike interest rates in response to inflation, the world faces a…

1 Stock to Buy for Your Retirement Account and 1 to Keep Out

entrepreneur.com Following October’s favorable inflation data, the Fed is expected to slow down its rate hike aggression. While there’s a surge in investors’ optimism, uncertainty remains.…

Fed Minutes Offer Detail On Likely December 14 Rate Hike

forbes.com The U.S. Federal Reserve (Fed) released the minutes of its November 1-2 meeting on November 23. The minutes showed the Fed’s continuing concern over the risk of costly…

A $300M addition for Ethereum Classic [ETC] is a sign of…

ambcrypto.com Ethereum Classic whales are back, but momentum is off to a slow start Ethereum Classic [ETC] briefly joined the list of the market’s top gainers in the last 24 hours. Many…

Credit Suisse offers 889 mln shares to existing investors in $4 bln capital hike

reuters.com ZURICH, Nov 24 (Reuters) - Credit Suisse (CSGN.S) has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per share, the bank said on…

Dollar nears 3-mth low, shares climb after Fed tests the brakes

reuters.com LONDON, Nov 24 (Reuters) - Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate…

ECB Says 'A Few' Officials Preferred Half-Point October Hike

bloomberg.com ECB Says 'A Few' Officials Preferred Half-Point October Hike Bloomberg

Credit Suisse issues 462 million shares to existing investors in $4 billion capital hike By Reuters

investing.com ZURICH (Reuters) - Credit Suisse has issued 462 million new shares to existing investors at 3.82 Swiss francs ($4.05) per share, the bank said on Thursday, outlining details…

When will the Fed pivot on its interest rate hikes? The latest meeting could be a turning point

fortune.com When will the Fed pivot on its interest rate hikes? The latest meeting could be a turning point. Most Federal Reserve officials at their last meeting favored reducing the…

Stocks Rally Despite Hawkish FOMC Minutes

investing.com Stocks finished the day higher yesterday, with the S&P 500 rising by about 60 bps. The Fed minutes were not dovish, not if you got the point of them, which was that the…

ECB accounts show inflation fears justifying more rate hikes By Reuters

investing.com FRANKFURT (Reuters) - European Central Bank policymakers feared that inflation may be getting entrenched at their last policy gathering so rates would need to rise further,…

Sweden's big interest rate hike follows other central banks

apnews.com Sweden’s big interest rate hike follows other central banks STOCKHOLM (AP) — Sweden’s central bank followed other central banks in undertaking a big increase to its key…

The Fed Pivots

seekingalpha.com Summary - Thanks to today's release of the November 2nd FOMC meeting minutes, we know that the Fed has "pivoted" as expected; they are backing off of their aggressive…

Dollar weakens on Fed minutes; Euro awaits ECB news By Investing.com

investing.com By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Thursday, continuing the previous session's selloff after the minutes from the latest…

Marketmind: COVID vs RRR By Reuters

investing.com By Stella Qiu SYDNEY (Reuters) - A look at the day ahead in European and global markets from Stella Qiu: Another central bank pivots. The Bank of Korea on Thursday slowed…

Bank of Korea opts for smaller hike; Asia markets rise after Fed signals slowing 'soon'

cnbc.com Markets in the Asia-Pacific traded higher as the U.S. Federal Reserve said they expect to switch to smaller rate hikes "soon," according to minutes released on Wednesday.…

Morning Bid: COVID vs RRR

reuters.com SYDNEY, Nov 24 (Reuters) - A look at the day ahead in European and global markets from Stella Qiu: Another central bank pivots. The Bank of Korea on Thursday slowed its pace…

Most Fed officials at last meeting backed slower rate hikes

apnews.com Most Fed officials at last meeting backed slower rate hikes WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their…

RBNZ Policy Is 'Contractionary' After Record Rate Hike, Orr Says

bloomberg.com RBNZ Policy Is 'Contractionary' After Record Rate Hike, Orr Says Bloomberg

South Korea's central bank raises rates by 25 bps, as expected

investing.com By Cynthia Kim and Jihoon Lee SEOUL (Reuters) - South Korea's central bank raised interest rates by a more modest 25 basis points on Thursday, slowing the pace of policy…

Bank of Canada raises key interest rate by 0.5 percentage points. Here’s what to know

theglobeandmail.com The latest on the Bank of Canada's rate decision The Bank of Canada has raised its benchmark interest rate by by 0.5 percentage points, increasing Canadian borrowing costs…

Fed Signals Rate Hikes Will Slow 'Soon' As Financial Instability Risks Rise

forbes.com Topline The Federal Reserve indicated Wednesday it may soon ease up on its aggressive policy as higher interest rates start slowing the economy—signaling the worst of the…

Slower Interest Rate Hikes Will 'Likely Soon Be Appropriate': Fed Minutes

benzinga.com Inflation remains the central bank's top priority, according to the November meeting minutes released Wednesday by the Federal Open Market Committee. What Investors Need To…

Most Fed Officials Saw Slower Pace of Hikes Appropriate ‘Soon’

yahoo.com (Bloomberg) -- Federal Reserve officials at their meeting earlier this month concluded it would soon be appropriate to slow the pace of rate increases, signaling the central…

The Fed is set to offer more clues about rate hikes. Here's what investors want to see

cnn.com Americans are getting ready for food, family and football on Thursday, but investors may still want to hold off until a little bit later Wednesday before starting to give…

South Africa's Inflation Quickens on Eve of Expected Rate Hike

bloomberg.com South Africa's Inflation Quickens on Eve of Expected Rate Hike Bloomberg

FOMC Preview: Watch For The Fed's Reaction Function To Both Labor And Inflation

zerohedge.com FOMC Preview: Watch For The Fed's Reaction Function To Both Labor And Inflation Submitted by Newsquawk At its November confab, the FFR target was lifted by 75bps to…

Credit Suisse warns of $1.6 billion loss as rich clients leave

cnn.com Credit Suisse expects a pretax loss of up to 1.5 billion Swiss francs ($1.58 billion) in its fourth quarter as it keeps bleeding cash, the Swiss bank said on Wednesday,…

Terra Classic’s anticipation of reaching this milestone could convey this about LUNC

ambcrypto.com Terra Classic’s market capitalization was about to reach 1 billion - LUNC indicators and metrics were in support of a price hike Terra Classic [LUNC] recently registered…

Futures Steady Ahead Of Fed Minutes

zerohedge.com Futures Steady Ahead Of Fed Minutes US equity futures were steady, trading in a narrow 15 point range before the release of minutes from the latest Fed meeting which may…

Credit Suisse expects hefty loss in fourth quarter as rich clients leave

theglobeandmail.com Credit Suisse CS-N expects a pre-tax loss of up to 1.5 billion Swiss francs ($1.58-billion) in its fourth quarter as it keeps bleeding cash, the Swiss bank said on…

Credit Suisse shareholders approve 4 billion Swiss franc capital raise

reuters.com ZURICH, Nov 22 (Reuters) - Credit Suisse (CSGN.S) shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the…

Credit Suisse shareholders approve 4 billion Swiss franc capital raise By Reuters

investing.com ZURICH (Reuters) - Credit Suisse shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the embattled Swiss bank's…

New Zealand forecasts recession in 2023 as it delivers largest rate hike in history

theguardian.com New Zealand’s reserve bank has forecast that the country will tip into recession in 2023, and has lifted the official cash rate by an unprecedented 75 basis points, to…

Credit Suisse expects Q4 pre tax loss of up to 1.5 billion Sfr

reuters.com ZURICH, Nov 23 (Reuters) - Credit Suisse (CSGN.S) expects to make a pre tax loss of up to 1.5 billion Swiss francs ($1.58 billion) during its fourth quarter, the embattled…

The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace

cnbc.com The Federal Reserve is expected to raise interest rates by 75 basis points Wednesday but also signal it could begin to slow down the size of its rate hikes in December. -…

RBNZ Hike Signals Global Tightening Far From Over, HSBC Says

bloomberg.com RBNZ Hike Signals Global Tightening Far From Over, HSBC Says Bloomberg

Volkswagen in wage deal with German union By Reuters

investing.com By Jan Schwartz HAMBURG (Reuters) -Metalworking union IG Metall struck a wage deal with Volkswagen (ETR:VOWG_p) for the carmaker's western German factories that hewed…

Asia FX muted amid China jitters, Kiwi boosted by record RBNZ hike By Investing.com

investing.com By Ambar Warrick Investing.com-- Most Asian currencies moved little on Wednesday as rising COVID-19 cases in China and the introduction of new curbs weighed on sentiment,…

New Zealand delivers its biggest rate hike ever; Asia-Pacific stocks mixed ahead of Fed minutes

cnbc.com Shares in the Asia-Pacific are mixed Wednesday after U.S. stocks rose overnight and New Zealand's central bank delivered a 75 basis point hike, the biggest rate hike ever in…

ECB Interest Rate Hike in December Will Be 'Robust,' Nagel Says

bloomberg.com ECB Interest Rate Hike in December Will Be 'Robust,' Nagel Says Bloomberg