Finance Minister: South Korea is not concerned about capital outflows at the moment

South Korea’s finance minister has ignored the short-term risks of capital outflows from the Asian economy as gaps in global rates widen. Seong Joon Cho | Bloomberg | Getty Images South Korea’s finance minister has ignored the short-term risks of capital outflows from the Asian economy as gaps in global rates widen. Speaking to CNBC … Read more

Confident markets expected a sharp drop in inflation

(Photo by Samuel Corum / Getty Images) Getty Images Inflation just hit 9.1%, the highest level since 1981. But don’t worry, as the ever-wise financial markets say, it will fall back very quickly to “normal” levels. Interest rate and commodity markets current price in a scenario that inflation has peaked and will decrease rapidly over … Read more

5 things to know before the stock market opens on Friday, July 15

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Here are the most important news that investors need to start their trading day. 1. Arrows indicate higher opening Stock futures rose In pre-market trading As investors digested the latest round … Read more

Strategist says millennials are to blame for high inflation

Soaring inflation is putting markets on edge and raising fears of a recession. The latest consumer price index this week revealed sadness 9.1% YoY increase in Juneprompting Treasury Secretary Janet Yellen to say that inflation in the US is “unacceptably high”. Reasons behind the sharp jumps include soaring commodity and energy prices caused by supply … Read more

10 US real estate markets are the fastest cooling

David Rider | Getty Images After impressive growth during the pandemic, the US housing market is starting to slow — and it’s happening as fast as it can along the West Coast. The fastest cooling real estate market is in San Jose, California, according to A Redfin’s new analysiswhich ranked US urban markets based on … Read more