THE FORTHCOMING US GDP DATA IS A KEY SIGNAL FOR THE NEXT INTEREST RATE HIKE

THE FORTHCOMING US GDP DATA IS A KEY SIGNAL FOR THE NEXT INTEREST RATE HIKE Harvest Global Markets : The IMF’s latest release of the World Economic Outlook indicates that there is a significant decline taking place in global economic activity and inflation is at its highest level in many years. The projection is adversely impacted […]

THE UK ECONOMY FACES LONG-DUE ECONOMIC CHALLENGES OF EXITING THE EUROPEAN UNION

THE UK ECONOMY FACES LONG-DUE ECONOMIC CHALLENGES OF EXITING THE EUROPEAN UNION Harvest Global Markets : The UK economy is performing far worse than its continental peers as commentators suggest that it is paying the economic cost of departing from the EU and is further hard-pressed by the Covid hit. It experiences accelerated inflation, acute energy […]

FEARS OF AN ECONOMIC DOWNTURN CAUSING OIL PRICES TO DECLINE

FEARS OF AN ECONOMIC DOWNTURN CAUSING OIL PRICES TO DECLINE Harvest Global Markets : Tuesday saw a little decline in oil prices because of worries about an economic slowdown and weaker gasoline consumption from China, which is still adhering to its strict zero-COVID policy. Brent crude futures fell 41 cents, or 0.45%, to $91.21 a barrel, […]

THE MOVE IN CURRENCY PAIRS…

THE MOVE IN CURRENCY PAIRS… Harvest Global Markets : After the release of yet another infuriating U.S. inflation number, the U.S dollar steadied in the European trading session on Friday. On the other hand, the Great Britain pound retraced from intense overnight gains, which were reaped by investors after the market speculated a pull of the […]

US ANNUAL INFLATION RATE ANTICIPATED TO MOVE SOUTH

US ANNUAL INFLATION RATE ANTICIPATED TO MOVE SOUTH Harvest Global Markets : One of the most important inflation data is Consumer Price Index (CPI) that describes the variation in prices of goods and services for the end users in the economy, its latest release for the month of September from Bureau of Labor Statistics is the […]

GOLD GOES DOWN THE DRAIN…

GOLD GOES DOWN THE DRAIN… Harvest Global Markets : Aggressive interest rate hikes by Federal Reserve Bank have pushed up the opportunity cost of holding the precious yellow metal. Over the last ten months, the U.S has witnessed a 300 basis points increase in its inter-bank rate. The current federal rate stands at 3.25%. After the […]

The US Economy Faces Contradictions among its Economic Mandates

The US Economy Faces Contradictions among its Economic Mandates Harvest Global Markets : Given the financial uncertainty and strong labor market, the Federal Reserve (Fed) is adamant about bringing inflation to its target rate of 2% to ensure price stability and sustainable economic growth in the long run as per their macro-economic mandates. The Fed intends […]

THE CONFUSED OIL MARKET

THE CONFUSED OIL MARKET Harvest Global Markets : Crude Oil, the most frequently traded product in the market, is swinging between $78-$82 per barrel and is striving hard to follow a clear direction. Conflicting fundamentals in the market have been emitting complicating signals, and the perplexed investors have now opted to scalp rather than hold a […]

THE JOURNEY FROM DENIAL TO REALITY

THE JOURNEY FROM DENIAL TO REALITY Harvest Global Markets : The start of the year 2022 brought a disaster with itself to the world. Russian-Ukraine Invasion posed critical energy and food shocks to the world, which caused global prices of food & fuel to soar. Initially, the world had difficulty swallowing the bitter pill of inflation, […]

ENGLAND’S ATTEMPT TO IMITATE PARTIAL REAGANOMICS

ENGLAND’S ATTEMPT TO IMITATE PARTIAL REAGANOMICS Harvest Global Markets : “Reaganomics” is an economic recipe invented by Ronald Regan- the 40th president of the U.S. Ronald’s presidency was welcomed by a critical economic crisis-stagflation in 1981. Stagflation is a deadly combination of surging inflation rates and a contracting economy. Inflation of the U.S economy was at […]