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HomeThe Daily Financial Trends

The Daily Financial Trends

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

Russia’s Wheat Harvest Bountiful, But Export Is Difficult The Daily Financial Trends

September 23, 2022 Mariel Alumit

Russia is presently on track for a historic 100 million ton wheat harvest, according to data from consultant SovEcom. Yet the commodity is piling up in the nation, as exporters struggle to move the large […]

Finance

Britain Officially Lifts The Ban On Fracking The Daily Financial Trends

September 23, 2022 Mariel Alumit

On Thursday, Britain lifted its moratorium on fracking for shale gas, pointing to the nation’s pressing energy needs. Business and Energy Secretary Jacob Rees-Mogg said in an announcement that, “strengthening our energy security is an […]

Finance

Switzerland Is Stocking Up On Russian Gold The Daily Financial Trends

September 23, 2022 Mariel Alumit

Switzerland is now purchasing Russian gold at the highest rate in over two years, according to a new Bloomberg report. In August, the major refining hub purchased 5.7 tons of the metal, at a cost […]

Stocks
Finance

Stocks Fall Off Recession Fears From Fed Tightening The Daily Financial Trends

September 22, 2022 Mariel Alumit

Stocks fell during volatile trading Wednesday, after the Federal Reserve delivered an unprecedented third consecutive 75 basis point rate hike in its continuing battle against inflation in the US economy. The fed funds rate now […]

Finance

Gold Down Overall After A Volatile Day The Daily Financial Trends

September 22, 2022 Mariel Alumit

As Russian President Vladimir Putin moved to call up reserve forces and escalate the conflict in Ukraine and US interest rates were hiked upward by the Fed, gold rose due to investors moving to safe-haven […]

Mark Zuckerbeg
Finance

Mark Zuckerberg Lost $71 Billion This Year The Daily Financial Trends

September 22, 2022 Mariel Alumit

According to a new report by Bloomberg, Mark Zuckerbeg has lost $71 billion so far this year. Bloomberg noted it was the biggest decline noted among the world’s wealthiest individuals that are tracked by the […]

EU
Finance

Food Prices, Especially Bread Soar Across The EU The Daily Financial Trends

September 22, 2022 Mariel Alumit

As the EU witnesses record inflation sweep through every sector, staple foods are among the hardest hit, with Bread prices reaching record highs. Year over year, the price of bread in the EU bloc has […]

Fed
Finance

Fed Hike Rates 75 Basis Points For A Third Time The Daily Financial Trends

September 22, 2022 Mariel Alumit

Following its latest policy meeting the Federal Reserve announced its third consecutive 75 basis point interest rate hike, as it continues to battle with a stubbornly persistent inflation. The third 75 basis point hike was […]

Finance

Beyond Meat Suspends COO For Biting Man’s Nose The Daily Financial Trends

September 21, 2022 Mariel Alumit

Beyond Meat (BYND) announced it has suspended its Chief Operating Officer Doug Ramsey following his arrest over the weekend for a fight in which he bit his opponent’s nose. The incident in question occurred following […]

Finance

Coinshares Introduces Algorithmic Trading Platform The Daily Financial Trends

September 21, 2022 Mariel Alumit

Coinshares, the European digital asset manager, has announced it is introducing an algorithmic trading platform for retail investors. In a nod to early bitcoin contributor Hal Finney, as well as the artificial intelligence computer in […]

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