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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
IEA
Finance

IEA Predicts 2023-2024 Winter Will Be Worse Than The Upcoming Winter The Daily Financial Trends

November 4, 2022 Mariel Alumit

On Thursday, the International Energy Agency (IEA) said in a new report on the future of the energy market, that the EU may have to continue to endure the present energy crisis through 2024. In […]

Bloomberg
Finance

Bloomberg Predicts Jobs Growth Will Slow In Friday’s Report The Daily Financial Trends

November 4, 2022 Mariel Alumit

Bloomberg issued predictions for the forthcoming jobs report from the Bureau of Labor Statistics, predicting that jobs growth will have slowed in October as the Federal Reserve pushed ahead with its strictest monetary tightening regimen […]

Canada
Finance

Canada Orders Chinese Companies To Divest From Critical Minerals Sector The Daily Financial Trends

November 4, 2022 Mariel Alumit

Just days after the Canadian government introduced tougher rules on foreign investments in Canadian mining companies, the government has ordered three Chinese firms to divest their interests in critical minerals companies, due to national security […]

England
Finance

Bank of England Raises Interest Rates 75 Basis Points The Daily Financial Trends

November 4, 2022 Mariel Alumit

On Thursday the Bank of England announced it would hike interest rates by 75 basis points – the biggest rate increase it has implemented in 30 years, as it battles skyrocketing inflation. It was the […]

Fed
Finance

Fed Hikes Rates 75 Basis Points For Fourth Time In A Row The Daily Financial Trends

November 3, 2022 Stu Turley

On Wednesday the Federal Reserve announced it had raised interest rates for a fourth time by 75 basis points, although policymakers hinted that they might slow the pace of the increases going forward. However after […]

British
Finance

British Inflation Soars To A New Record – Will The U.S. Follow?

November 3, 2022 Mariel Alumit

New figures released by the British Retail Consortium-Nielsen Shop Price Index on Wednesday showed that in October, food inflation in the UK soared to a record 11.6%, with even basics like milk, tea, and sugar […]

ECB
Finance

ECB Promises Further Rate Hikes The Daily Financial Trends

November 2, 2022 Mariel Alumit

In an interview with Delfi published Tuesday ECB President Christine Lagarde said the European Central Bank will continue to try to curtail inflation in the Eurozone by raising interest rates, regardless of the growing risks […]

Australian
Finance

Australian Resources Minister Says Breaking Beijing’s Dominance Of Rare Earths Is A Pipe-Dream The Daily Financial Trends

November 2, 2022 Mariel Alumit

Australian Resources Minister Madeleine King has said in an interview with Bloomberg that China will continue to be a critical source of rare earth elements, going so far as to call the idea the Western […]

Finance

AirBnb Stock Falls After Weak Q4 Guidance The Daily Financial Trends

November 2, 2022 Mariel Alumit

On Tuesday, Airbnb (ABNB) issued an earnings report which beat Wall Street’s predictions on revenues and earnings, however the fourth quarter guidance issued by the company fell short of analyst’s expectations. Shares fell roughly 3.5% […]

Europe
Finance

Europe’s Energy Crisis Means Electric Cars Cost More To Fuel The Daily Financial Trends

November 2, 2022 Mariel Alumit

As the energy crisis hits Europe, electric vehicle owners are being particularly hard hit by the rising cost of electricity. At present electricity prices, charging an electric vehicle now costs 161% more than one year […]

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