Keeping up to date on financial news from around the world is essential for those who want to stay on top of business trends. The best apps provide the latest business news, market updates and more in a user-friendly format. Whether you are an investor or simply interested in the business world, these apps can help you make informed decisions when it comes to investing and trading.
The Bloomberg app provides access to global business and market news, up-to-date market data and proprietary portfolio tools. This app sets itself apart from other options by providing articles written by Bloomberg’s award-winning business and finance journalists. It also features a customizable dashboard and enables users to track their portfolios in real-time.
Other popular options include the CNBC Breaking Business News app, which delivers actionable business news and financial information. The app provides breaking business news alerts and allows users to stream full episodes of CNBC’s news shows. https://my-forex-group.com/
The Barron’s News and Investment App is available to subscribers of the company’s news magazine, which is known for its insights and analysis into the world of business. The app features weekend articles from the weekly publication, financial analysis on weekdays and commentary from Barron’s online edition daily. It is available on both iPhone and Android. TheStreet is another app that provides important business news and financial information. This app combines quotes, charts, opinions and commentaries with TheStreet Ratings, which uses the company’s proprietary stock rating model, to offer users a multimedia financial experience.
The news comes after a steep drop in oil prices, which has cut into the state’s hard-earned energy revenues. The ruble is also being hit by the imposition of US sanctions against Russia, which have seen several major Russian banks removed from the SWIFT international transaction network and the freezing of around half of the nation’s foreign-currency reserves.
Despite these setbacks, investors still expect Russia’s economy to weather the crisis. Its current account surplus is at an all-time high, its gold and currency reserves are near record levels, and its debt-to-GDP ratio is below 20%. Nevertheless, the country’s tense relations with the West and its ongoing war in Ukraine are creating an environment of political and economic uncertainty that could be a serious impediment to growth in the future.
Amid the heightened tensions, the Russian central bank is continuing to raise interest rates. It boosted its key rate by 1% last month and is expected to do so again in September. The bank has cited rising inflation and the weakening ruble as reasons for raising rates.
The Russian currency has been hurt by the onset of the Ukraine conflict, and it is now in its worst slump since late 2009. As a result, the country’s central bank has stepped up its efforts to prop up the weakened currency. The central bank has raised interest rates by a total of four percentage points since the start of this year, and it is set to do so again on Wednesday.
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