GLOBAL FINANCIAL COVERAGE
Delivering the latest financial news and developments from around the world.
Stay informed with the most relevant and insightful global financial news.
OVERVIEW
Global finance is the backbone of all economies, and the driver of economic progression, regression, and stagnation. Our analysts are here to take you through the latest movements in global finance and offer insights into their impact over time.
07 Dec 2021
Global risky assets advance as Omicron concerns ease
Global financial stocks bounce strongly from their recent lows as concerns over the impact of the Omicron variant in the global economy have eased, renewing the appetite...
25 Nov 2021
EUR/USD breaks below $1,12 on FED-ECB monetary policy divergence
The common currency has dropped below $1,12 for the first time since July 2020, following the monetary divergence between the Fed and ECB, the gloomy economic outlook in...
26 Oct 2021
Tesla became the first car maker to reach a $1T market cap
The world’s leading electric vehicle (EV) maker Tesla crossed the $1 trillion market capitalization level for the first time on Monday following the announcement from the rental car operator Hertz...
06 Oct 2021
Surging energy costs threaten global economic growth
Global equities lost 1,5% on Wednesday as investors worry over surging energy costs and high inflation which would derail economic recovery...
24 Sep 2021
Turkish lira drops to record low against US dollar after 1% rate cut
Turkey’s lira fell to a fresh record low of $8,88 against the US dollar and €10,40 to the Euro on Friday morning, extending losses from the previous sessions, as...
21 Sep 2021
Evergrande’s debt crisis has a ripple effect on financial and mining markets
Global financial markets posted one of their worst trading days since the beginning of the year on Monday as the growing worries over a possible financial contagion that could arise if China’s...
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