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Ludmila Sarkocy

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The FOMC meeting leaves interest rates unchanged

The traditional two-day meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve System (FED), which took place on the...

The euro is in decline despite agreement on EU Recovery Fund

An agreement on how to divide €750 billion from the EU Recovery Fund was reached on early Tuesday morning 21 July 2020...

Oil rises after surprise drop in U.S. inventories offsets demand concerns

By Aaron Sheldrick TOKYO (Reuters) - Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States fell against...

New York Power Demand Hit High for the Year Tuesday, ConEd Says

(Bloomberg) -- New Yorkers trying to cope with scorching temperatures during July’s heat wave set a 2020 record for electricity demand on Tuesday, according...

Making Sense Of The Short-Term S&P 500 Chop

Even after yesterday's rebound, the S&P 500 keeps trading merely at the early June highs. Is this just a reflexive rebound before the stock upswing rolls...