Finance
196 postsKeep up to date with the most important financial news that is influencing Crypto, Stock, and Currency markets and predicting future prices.
S&P 500 may continue to rise until 2028 - Bank of America
Bank of America predicts that the S&P 500 will reach 6,000 by 2026.
The chart's long-term technical patterns indicate that the stock market will continue …
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by Peter Davis
Zuckerberg launched a new social network Threads - an analogue of Twitter
Mark Zuckerberg, the billionaire, has unveiled a new social media platform called Threads, which is seen as a rival to Twitter.
On the first day, …
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by Lisa Parker
Nabiullina denied the collapse of the ruble in order to replenish the budget
On Thursday, the dollar exchange rate neared 94 rubles/$, while the euro surpassed 102 rubles.
At the start of Wednesday, the deputy chairman of the …
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by Fred Cole
The US Federal Reserve published the minutes of the June meeting
The minutes of the meeting that occurred on June 13-14 were announced by the Fed.
Anticipating this event, the dollar index saw an increase in …
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by Peter Davis
The Ministry of Finance of the Russian Federation will hit the ruble, reducing the sale of foreign currency by half
In July, the Russian Federation's Ministry of Finance will reduce the sale of yuan by more than 50%.
On Wednesday, the dollar exchange rate surpassed …
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by Peter Davis
The Bank of Russia explained the depreciation of the ruble
The exchange rate of the dollar was more than 90 rubles per dollar.
The Central Bank explained that the trade balance is responsible for the …
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by Fred Cole
Russia and Saudi Arabia to cut oil production and imports in August
On Monday, Saudi Arabia and Russia made a surprise announcement of new steps to stabilize the oil market.
The members of the OPEC + alliance …
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by Peter Davis
Russians owe banks more than all the frozen assets of Russia
Russians owe banks more than 30 trillion rubles.
The frozen assets of the Central Bank of the Russian Federation are exceeded by the amount in …
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by Peter Davis
The US dollar collapsed amid weak inflation data
On Friday, US macroeconomic data was released, causing the dollar to drop.
The Federal Reserve's primary measure of inflation was worse than anticipated.
After reaching …
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by Peter Davis
Bi-Weekly Market Review - Edition #2
For the period 16th June - 30th June
Dear FOMOdrive community members,
Welcome to Edition #2 of our Bi-weekly Market Review covering market news from 16th - 30th …
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by Fred Cole
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