Saturday, December 7, 2024

Finance News

OECD: Global Trade Growth is Slowing

The Organization for Economic Cooperation and Development (OECD) diagnosed that inflation is easing due to tight monetary policies in each country, but growth is slowing, including shrinking global trade. In an economic outlook report published on the 29th (local time),...

Global Economy is Predicted to Stagger Next Year

The global economy, which has shown remarkable resilience this year and is showing growth, is expected to stagger next year due to the stress of war, inflation aftershocks and high interest rates, the Organization for Economic Cooperation and Development said...

U.S. October CPI Rose 3.2%

In October, the U.S. Consumer Price Index (CPI) rose 3.2% year-on-year. According to the U.S. Department of Labor on the 14th (local time), the consumer price index, an indicator of inflation, rose 3.2% year-on-year as of October. This figure is...

Big Tech earnings

Big Tech Earnings: The Market’s North Star

In a turbulent economic landscape marked by geopolitical tensions, Federal Reserve uncertainties, and surging Treasury yields, investors are closely monitoring this week's earnings reports from major tech giants for indications of the stock market's future direction. These multinational corporate behemoths...

U.S. Records Surprise Growth Rate in Q4

The U.S. recorded a surprise growth rate in the third quarter. Analysts say that consumers are likely to fall into a recession due to prolonged high-interest rates after the fourth quarter as they opened their wallets. The U.S. Department of...

ECB Freezes Key Rate Again After 15 Months

The European Central Bank (ECB) has stopped raising its key interest rate for the first time in 15 months and freezes interest rates. This is interpreted as a result of reflecting the somewhat eased inflation and signs of recession in...

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