Money Talks

US stocks rally as firms post better than expected earnings

Asian and European stocks are trading higher, as investors reacted to central banks in those regions tightening their monetary policies. Authorities are raising the cost of borrowing to keep inflation in check. But they're also doing so to keep up with the US, which is hiking interest rates, making dollar-denominated assets more profitable, and therefore, more attractive to fund managers. Meanwhile, China is moving in the opposite direction. The central bank in Beijing is expected to announce a move to increase the amount of cash circulating in the Chinese economy. Ryan Payne is the president of Payne Capital Management in New York. He talked about the rally in US stocks on Wall Street overnight, saying it's a signal that prospects for the world's largest economy are brighter than many expect. #StockMarkets #InterestRates #CentralBanks

European Central Bank keeps rates on hold | Money Talks

European Central Bank keeps rates on hold | Money Talks

Global stocks fall after US interest rate hike | Money Talks

Global stocks fall after US interest rate hike | Money Talks

Turkey hikes 2018 inflation outlook to 23.5% | Money Talks

Turkey hikes 2018 inflation outlook to 23.5% | Money Talks

ECB’s stimulus plans weigh heavily on the Euro | Money Talks

ECB’s stimulus plans weigh heavily on the Euro | Money Talks

Marcos Jr takes office as the Philippines faces rising consumer prices

Marcos Jr takes office as the Philippines faces rising consumer prices

'Harry Potter' book and movie franchise turns 25 years old

'Harry Potter' book and movie franchise turns 25 years old

Rising price of oil tops agenda at G7 Summit in Germany

Rising price of oil tops agenda at G7 Summit in Germany

Avocado production surges in Türkiye's southern coast

Avocado production surges in Türkiye's southern coast

Citroen launches electric vehicle in Turkish market

Citroen launches electric vehicle in Turkish market

Oil prices drop as OPEC+ ratifies modest oil production increase

Oil prices drop as OPEC+ ratifies modest oil production increase

China factory activity shows growth for first time in four months

China factory activity shows growth for first time in four months

OPEC+ has fallen 562M barrels short of promised crude output since 2020

OPEC+ has fallen 562M barrels short of promised crude output since 2020

Oil extends gains as major producers flag capacity limits

Oil extends gains as major producers flag capacity limits

Russia defaults on foreign debt for the first time since 1917

Russia defaults on foreign debt for the first time since 1917

Eco-conscious tourists drawn to glamorous camping

Eco-conscious tourists drawn to glamorous camping

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Türkiye and Saudi Arabia look to boost bilateral trade, investment

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