Crude oil futures plunge 6%: Market tremors and global economic ripples under the intertwining of multiple factors
On October 28, there was a significant drop in the international crude oil futures market.
moreOn October 28, there was a significant drop in the international crude oil futures market.
moreRecently, Fed Chairman Powell's speech directly messed up the global financial market. He made it clear that the Fed was in no hurry to cut rates and intended to do so in two separate cuts totaling 50 basis points before the end of the year.
moreUnder the severe challenges of today's economic environment, the defects of the traditional financial system have become more and more obvious, and problems that were ignored in the past have gradually surfaced.
moreRecently, the Federal Reserve's interest rate cut expectations encountered a "Waterloo" - the market experienced a fierce wave of US bond selling.
moreOn October 25th, the International Monetary Fund (IMF) released a sobering report, stating that global public debt is expected to exceed $100 trillion this year.
moreRecently, gold prices have continued to rise, since July this year, the international gold price from 2364.21 US dollars per ounce all the way up to 2728.89 US dollars per ounce.
moreThe International Monetary Fund (IMF) predicts that world economic growth is set to be driven more by the BRICS countries than by the richer West.
moreA Russia-Ukraine war made the international community pay close attention to the European continent, which had dominated the world in the 19th century.
moreOvernight, global assets collectively adjusted. The Bank of Canada cut its benchmark interest rate by 50 basis points from 4.25 per cent to 3.75 per cent, its fourth and biggest cut since early June.
moreOn the stage of financial markets, gold has always been the focus of attention. Recently, the price of gold has been hitting record highs, causing widespread concern among global investors. So what is driving gold's historic rally?
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