2024-07-09 | Industry Dynamics
Japan is poised to redirect a significant portion of its substantial dollar reserves back into yen, a move that could significantly impact global financial markets due to the scale of the assets involved.
2024-06-27 | Education
<p>Recently, the term “petrodollar” has frequently surfaced in economic discussions and news headlines, sparking considerable controversy over its outlook. This surge in interest comes amidst emerging rumors that suggests Saudi Arabia may end its 50-year Petrodollar agreement with the U.S. to price oil exclusively in U.S. dollars. <br />
Currently, there are sources left and right claiming that this deal is fake news or true news. The main argument is on an agreement between Saudi and U.S. signed in June of 1974. We will be covering what exactly is the petrodollar and continue to talk about the two sides of the story, then bring out the outlook of the petrodollar matter.</p>
2024-06-14 | Industry Dynamics
Following new U.S. sanctions, Russia has ceased trading in dollars and euros on its primary financial marketplace, the Moscow Exchange.
2024-05-16 | Education
In recent economic discussions, the term “stagflation” has resurfaced, sparking debates about its potential resurgence lately. While GDP reports and data show signs, economists remain divided on the possibility. Let’s take a closer look at what stagflation entails, its historical context, and what it could mean for today’s economy and financial markets. What is Stagflation? […]
2024-04-16 | Industry Dynamics
Today’s News A surge in the value of the U.S. dollar has gained momentum, propelled by contrasting outlooks on interest rates in the United States. This rise comes amidst growing uncertainty regarding the Federal Reserve’s ability to aggressively cut rates this year in comparison to other global central banks. The U.S. dollar index, which gauges […]