The Dow Industrial average was the best of the worst of the major US indices in 2022. For the year, the major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels

Apple is ending the year as the largest capitalized stock in the US. It closed the year with a market capitalization of $2.066T, and that makes it the only company above the $2T level. The top 20 market capitalized companies in the US (EOY 2022) That is the good news. The not so good news

December PMIs from China’s National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP). Manufacturing 47.0 Services 41.6 Composite 42.6 Languishing with the renewed COVID-19 Covid-19 Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil and volatility across financial markets in 2020.  The first cases of

The 2022 year is in the books and the final rankings of the strongest to the weakest of the major currencies is showing the USD as the strongest and the JPY as the weakest. The strongest to the weakest of the major currencies The central bank fundamentals drove both the USD and the JPY to

Both 10 and 2 year yields moved higher in 2022, pushed by much tighter central bank policy. 10 year yields moved sharply higher in 2022 The chart above shows the 2021 end of year 10 year yields, the end of year 2022 10 year yields, along with the changes for the year in those yields

Coming up on Saturday, 31 December 2022 are the December PMIs from China’s National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP). The December results are likely to show the ill-effects of surging COVID-19 Covid-19 Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil

There weren’t many safe havens in 2022 but energy was one of them. Oil finished today with a flurry, gaining $2.03 to $80.43 for the first annual close above $80 since 2013. It was far from a smooth ride though as oil surged to $130.50 on fears that Russian supplies would be cut off before

That figure is lower than the $87.80 consensus seen last month, despite the news that China is staying firmly on course to re-opening its economy. Meanwhile, Brent crude is seen averaging $89.37 next year and that forecast is down from the $93.65 consensus from the November survey. According to the poll, the impact of sanctions

<p>TSLA has had its worst quarter and year ever. The price rose on Wednesday and again on Thursday, so there is that!</p><p>Regardless, here's an interesting list with some suggestions for Musk on how to stem the losses for the firm's share price. </p><p>The #1 item (get a new CEO) on the list, and #2 (stop

Eamonn Sheridan Thursday, 29/12/2022 | 21:42 GMT-0 29/12/2022 | 21:42 GMT-0 As China has exited its ‘zero’ policy cases have skyrocketed. While widespread lockdowns are a thing of the past self-imposed isolation and illness have seen impacts on the Chinese economy as workers stay home and others (at the margin) avoid going out and about.

Xie is said to have expressed disappointment with the result of the digital yuan trial in select provinces and cities, noting that “the cumulative circulation of the digital currency in the two years of trial has been only ¥100 billion”. Adding that the usage has been “low and highly inactive”. Despite China being among the