BUSINESS

Mexico's central bank raises its policy rate by 50 basis points to 6.5%
Mexico's central bank raises its policy rate by 50 basis points to 6.5%

Mexico's central bank announced Thursday that it raised its policy rate 50 basis points to 6.5% after its March meetings. This was as expected.

Fred's Bullard: The US economy will continue its upward trend in this year and next
Fred's Bullard: The US economy will continue its upward trend in this year and next

James Bullard, President of the St. Louis Federal Reserve, called for a dramatic rise in the Fed's overnight borrowing rate to over 3% this year.

S&P 500 surges to the mid-4400s on course for its best one-week gain ever since November 2020
S&P 500 surges to the mid-4400s on course for its best one-week gain ever since November 2020
US Admin Official: China President Xi called the US President Biden directly, substantively and in detail
US Admin Official: China President Xi called the US President Biden directly, substantively and in detail
S&P 500 Futures loses as yield retreats, Ukraine suggests peace
S&P 500 Futures loses as yield retreats, Ukraine suggests peace
RBA Minutes: We will not riase the cash rate until the price is in the 2-3% target range
RBA Minutes: We will not riase the cash rate until the price is in the 2-3% target range

In the minutes, the Reserve Bank of Australia stated that the conflict in Ukraine was a significant new source of uncertainty.

S&P 500 loses its early gains and falls back below 4250 as investors doubt Putin positivity
S&P 500 loses its early gains and falls back below 4250 as investors doubt Putin positivity

US Equities traded in mixed, choppy trading on the last day of an indecisive week.

Premier Li: China is experiencing a new downtrend this year
Premier Li: China is experiencing a new downtrend this year
As Ukraine's fears recede, the Platinum Price Forecast: XPT/USD falls to $1,100
As Ukraine's fears recede, the Platinum Price Forecast: XPT/USD falls to $1,100
Russia's Novak: Oil Prices could More Than Double to Over $300 per Barrel
Russia's Novak: Oil Prices could More Than Double to Over $300 per Barrel
Ukraine in Crisis: Take Stock of the Major Market Moves
Ukraine in Crisis: Take Stock of the Major Market Moves

FIRE NEAR EUROPE’S LARGEST NUCLEAR PLANT SPARKS PAIN

White House: We are looking at ways to reduce US dependence on Russian energy
White House: We are looking at ways to reduce US dependence on Russian energy

According to Reuters, the White House confirmed Friday earlier reports that it was looking into ways to reduce US dependence on Russian energy. 

US President Biden's SOTU - Announcement of a ban on Russian flights using US airspace
US President Biden's SOTU - Announcement of a ban on Russian flights using US airspace
China's Caixin Manufacturing PMI rises to 50.4 in February. This is a huge beat
China's Caixin Manufacturing PMI rises to 50.4 in February. This is a huge beat
The impact of the Ukraine war on Taiwan's chip supply chain is limited
The impact of the Ukraine war on Taiwan's chip supply chain is limited
Nigeria will offer incentives in naira to exporters for repatriating dollars
Nigeria will offer incentives in naira to exporters for repatriating dollars

The central bank announced that Nigeria will provide a naira incentive for exporters of semi-processed and finished goods made in Nigeria as part of its efforts to boost the country's dollar supply.

Russian banks face exclusion as allies deploy 'financial nuclear weapon'
Russian banks face exclusion as allies deploy 'financial nuclear weapon'

As Russia continues its attack on Ukraine, the United States, Britain, and European Union increased sanctions against Moscow Saturday.

UN Security Council: China abstains rather than vetoing
UN Security Council: China abstains rather than vetoing
How to Make Your Business Trip Pleasurable
How to Make Your Business Trip Pleasurable
Fed's Brainard believes there is a case for U.S. central banks digital currency
Fed's Brainard believes there is a case for U.S. central banks digital currency
China-U.S. Monetary Policy Divergence Aids Yuan Stability - ex-regulator
China-U.S. Monetary Policy Divergence Aids Yuan Stability - ex-regulator

A former Chinese forex regulator stated Wednesday that the United States and China are increasingly divergent in their monetary policies.

After hopes of an easing in Ukraine tensions, the Euro gains
After hopes of an easing in Ukraine tensions, the Euro gains

On Wednesday, the euro maintained overnight gains in early Asian trading. It jumped on reports that some Russian forces were leaving the Ukraine border. However, tensions remain high and the currency has not made further progress.

AUD/USD: China inflation is ignored to refresh intraday high below 0.7200 for cautious optimism
AUD/USD: China inflation is ignored to refresh intraday high below 0.7200 for cautious optimism
Japan's Matsuno, Growth in GDP attributable to Lifting Covid State of Emergency
Japan's Matsuno, Growth in GDP attributable to Lifting Covid State of Emergency
US Sec. State Blinken offers a sovereign loan guarantee for Ukraine up to USD1B
US Sec. State Blinken offers a sovereign loan guarantee for Ukraine up to USD1B