Lebanon to receive food aid from Qatar as the financial situation worsens.
Image Credit: Issam Abdallah/Reuters The Qatari state news agency QNA reported said that they will be delivering 70 tonnes of food aid every month to Lebanon as the country is […]
Markets in 2021, Up with the Stairs.. Down with the Elevator
Despite the latest inflation readings and possible rate increases in 2023 (Read more here), markets seems to stubbornly shake it off. This behaviour is clear in the US 10-year yield […]
Bitcoin (BTCUSD) New Bull Run?
After a harsh sell-off that wiped almost $1 trillion in the cryptocurrency market, a new bull run might be in play. Bitcoin fell from its all-time high of $64,700 down […]
Fed Maintains Target range at 0 to 0.25%.
https://thevenneconomy.com/2021/06/16/fed-maintains-target-range-at-0-to-0-25/ Summary of Fed Meeting: The path of the economy will depend significantly on the course of the virus. Seeks to achieve maximum employment and inflation at the rate of […]
EURUSD 2021 Q3 Forecast
https://thevenneconomy.com/2021/06/15/eurusd-2021-q3-forecast/ For the last 10 years, EURUSD trend has been consistently on the downside. This is due to years with negative interest rates which the European Central Bank has maintained, […]
INFLATION KEEPS INFLATING
https://thevenneconomy.com/2021/06/10/inflation-keeps-inflating/ Annual US CPI gained by 5% (13-year high), a 0.3% overshoot to the consensus of 4.7%. This is the third reading since April that the metric exceeded the Fed’s […]
Sudan and Israel to normalize ties after Israel boycott law repealed by Sudanese ministers.
Image Credit: Intelligence Ministry On Tuesday, the Sudan’s cabinet voted to repeal the 1958 boycott law on Israel, becoming the fifth country in the Arab world to formalise their relations […]
China continues its purchase of oil from Iran and Venezuela.
Image Credit: © Jon Nazca/Reuters China has purchased more oil from heavily sanctioned Venezuela and Iran, as oil prices continue to soar. This will serve as a test for the […]
US Bank Morgan Stanley to launch three bitcoin funds.
Image Credit: economictimes.com US Bank Morgan Stanley will be the first US bank to launch three bitcoin funds that will give investors to gain exposure to bitcoin. Morgan Stanley has […]
