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The exuberance that characterized Wall Street's performance in the latter half of 2023 and the first quarter of 2024 has waned significantly in recent weeks. A string of negative sessions has seen the S&P 500 index retreat nearly 5% from its March peak, with...
In a tumultuous turn of events for Israel, a night marked by military response to Iran's attack six days earlier was coupled with a blow to the nation's economic credit rating. S&P, the renowned credit rating agency, made the sobering announcement of lowering...
The foreign exchange market in Israel witnessed heightened volatility as the shekel depreciated sharply against the dollar, nearing a five-month high at NIS 3.80. This significant movement reflects ongoing concerns surrounding Israel's geopolitical situation,...
The latest data on consumer prices in Israel reveals a notable uptick, raising questions about the trajectory of the country's interest rates. In March 2024, the consumer price index (CPI) surged by 0.6%, exceeding initial forecasts that had projected a 0.5% increase....