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Economy Finance Stock Market

Solid Gains for Wall Street with Tech and Defensives

Alonzo Powell Jun 24, 2022 0 Comments

On Thursday, the main indexes on Wall Street recorded solid gains, thanks to strong performance from tech and defensive shares that outweighed drops in economically sensitive groups, as concerns about an economic recession persisted. Stocks Pick Steam During the trading…

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Bank Economy

RBI Deputy Claims Rate Hikes are the Only Option to Curb Inflation

Alonzo Powell Jun 22, 2022 0 Comments

The latest MPC minutes of the Reserve Bank of India revealed the opinion of Michael Patra. According to the Deputy Governor of the Indian central bank, they do not have any other choice, but to hike up interest rates in…

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Economy Finance Stock Market

Stakes are High for Bank of Canada due to High Inflation Expectations

Alonzo Powell Jun 19, 2022 0 Comments

According to analysts, there are growing risks of inflation becoming entrenched in the Canadian economy. This is because the increase in gas prices and of other consumer items is rendering the efforts of the Bank of Canada useless in terms…

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Economy Exchanges Finance Stock Market

Argentina Hikes Interest Rates due to Inflation Spirals

Alonzo Powell Jun 18, 2022 0 Comments

On Thursday, the central bank in Argentina hiked up their interest rate, following the footsteps of some of the other global central banks in order to stave off the surging inflation in the country that has gone beyond 60%. The…

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Bank Economy Exchanges

Swiss National Bank Hikes Rates in Surprise Move

Alonzo Powell Jun 16, 2022 0 Comments

On Thursday, the Swiss National Bank (SNB) took the markets by complete surprise when it decided to increase its interest rate for the first time in the last 15 years. As a matter of fact, the bank reiterated that it…

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Money Kites

Money Kites is a finance & investment news agency where you can discover news about the economy, online trading, cryptocurrencies, real estate, stocks and detailed reviews of online brokers and exchange. None of the information you read on Money Kites should be regarded as investment advice. Conduct your own research before making any investment decisions.

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Money Kites

Finance, Crypto & Startups