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New York (CNN)Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good news is the selloff should drive prices at the gas pump down, easing crushing inflation that has been harming consumers. The bad news is the sharp dr

BISHKEK -- The Western sanctions applied against Russia in an effort to prevent an invasion of neighboring Ukraine will have a trickle-down effect on many smaller countries with close economic ties to Moscow, experts say. One of those countries is Kyrgyzstan. With the United States, European Union s

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, etc. BUT first, to start off your day with a bang, here's a recap of the important news we think you should r

West Virginia Senator Joe Manchin recently dealt a blow to the Biden administration with regard to its environmental, aka green agenda, when the Senator said he would vote no on the President's $1.9 trillion Build Back Better initiative. The legislation included items that would shift the US from fo

Several key factors can move the Forex market. These factors put together make up what we call fundamental analysis. Understanding the impact of these essential factors helps traders decide which positions to take in the markets for their chosen pair. Therefore, every trader must study these factors

New York (CNN Business)Well, it was nice while it lasted. After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon, on average Wednesday, according to AAA. That ends 98 consecutive days of falling pump prices, the second-longest such streak on r

Introduction: Since the beginning of the year, the global outbreak of COVID-19 has prompted countries and major economies around the world to adopt a series of large-scale economic stimuli to ease policies. Central banks, led by the Federal Reserve, have adjusted their monetary policies to inject li

The Hong Kong stock market on Wednesday wrote a finish to the two-day slide in which it had stumbled more than 350 points or 1.7 percent. The Hang Seng Index now sits just above the 19,160-point plateau and it may see additional support on Thursday. The global forecast for the Asian markets is broad

US stocks are trading notably higher, fueled by better-than-feared results from two economic bellwethers -- FDX and NKE -- plus an encouraging consumer confidence survey. Off-cycle earnings results can attract a lot of attention due to the dearth of information coming through the pipes. The favourab

Europe After a choppy session yesterday, European markets have a much more positive vibe today, with retail and other consumer discretionary shares getting a lift on the back of better-than-expected numbers from Nike, which has helped lift the entire sector. JD Sports and Sports Direct owner Frasers