Finance
196 postsKeep up to date with the most important financial news that is influencing Crypto, Stock, and Currency markets and predicting future prices.
The US Federal Reserve collapsed the dollar by raising rates
On Wednesday, the dollar dropped in value following the Federal Reserve's announcement on interest rates.
As anticipated, the Federal Reserve increased the key rate to …
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by Lisa Parker
Yuan soared amid promises from China's leadership
The top leadership of China has promised to support the slowing economy, resulting in a sharp rise of the yuan.
Furthermore, Chinese state-owned banks are …
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by Fred Cole
Citibank told when to buy gold
Citibank has indicated that there will be a great chance to purchase gold in the near future.
In the first half of 2024, the price …
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by Fred Cole
The Ministry of Finance of the Russian Federation will tighten control over gold purchases
The Ministry of Finance and Rosfinmonitoring are proposing to increase the level of control over banking transactions involving precious metals.
By doing this, they will …
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by Peter Davis
Bi Weekly Market Review - Edition #3
For the period 1st - 15th July
Dear FOMOdrive community members,
Welcome to Edition #3 of our Bi-weekly Market Review covering market news from 1st - …
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by Fred Cole
The US dollar has entered a multi-year downtrend - Standard Bank
On Tuesday, US retail sales data was weak, causing the dollar index to reach its lowest point in 15 months.
Analysts on Wall Street are …
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by Fred Cole
In Russia, a new scheme of fraud with bank applications was revealed
A new fraudulent scheme involving counterfeit bank applications has been uncovered by experts.
Banking applications are being disguised by hackers as programs for remote access …
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by Peter Davis
US banks start the season of corporate reports positively
The second quarter of the year has begun with three major US banks releasing their reports.
The banking crisis of regional banks this spring may …
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by Fred Cole
S&P 500: Wall Street banks see index drop by year-end
It is predicted by the majority of major banks that the S&P 500 will decrease by the end of the year.
It is unlikely that …
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by Peter Davis
Bloomberg: Russia beat the G7 price ceiling - Urals exceeded $60
The price of Russian Urals oil has gone above the $60 limit set by the G7 nations.
Russia is getting ready to proclaim its triumph …
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by Peter Davis
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