Stock index futures are derivative contracts that obligate the parties to buy or sell an index value at a predetermined price and date in the future. Stock index futures can be used to speculate on the future direction of the market, or to hedge the risk of adverse price movements of a portfolio.The
In a historic first, the International Energy Agency (IEA) has predicted that the global demand for oil will reach its zenith this decade. According to the IEA, the world will consume as much as 102 million barrels a day of oil by the late 2020s, with volumes dropping to 97 million barrels a day by
Financial technology, or fintech, is the use of digital technology to improve and automate the delivery and use of financial services. Fintech has a significant impact on the consumer finance market, which includes products and services such as credit cards, loans, mortgages, insurance, saving
Regional economic development and financial regulation are two important topics that relate to the concept of financial development. Financial development refers to the process of improving the efficiency, stability, and inclusiveness of the financial system, which can support economic growth,
The European economic development process is a complex and dynamic phenomenon that involves the interaction of various political, social, cultural, and historical factors. The process can be traced back to the emergence of Europe as a distinct region in the world, marked by the rise of trade,
The Impact of Economic Trends on Employment in 2024IntroductionEconomic Indicator AnalysisIndustry-specific AnalysisJob Market PredictionsSkills in DemandJob Market ChallengesConclusionIntroductionThe year 2024 is expected to witness significant changes in the global economy, which will inevitably i
The Pakistani rupee is the currency of Pakistan and an unofficial one in Afghanistan. It is divided into 100 paise, but coins denominated in paise have not been issued since 1994. The Pakistani rupee is the ninth-most traded currency in the world as of April 2019. It is pegged to the
The Chilean peso is the official currency of Chile, and it is abbreviated as CLP. It has been in use since 1817, and it is issued by the Central Bank of Chile. The peso is subdivided into 100 centavos, and it is available in both coin and banknote form. The current banknotes depict famous Chilean figures and landmarks, such as poet Pablo Neruda and the Atacama Desert. The exchange rate of the Chilean peso fluctuates depending on various factors, including political stability, economic performanc
Global hedge funds have increased their short positions on US financial stocks to near record levels, according to data from Goldman Sachs. The move reflects the growing pessimism about the outlook for the sector, which has been hit hard by the pandemic and the volatile markets.The data, which track
