Why Taiwan Semiconductor Manufacturing is on investors’ radar Taiwan Semiconductor Manufacturing (NYSE:TSM) has recently drawn attention after a strong 1 year total return of 98.289%, set against a mixed pattern of shorter term moves in the share price. Over the past week the stock showed a 4.8465% decline, with a 5.0344% drop in the latest trading day and a 6.9631% decline over the past month, wh...
Why Taiwan Semiconductor Manufacturing is on investors’ radar Taiwan Semiconductor Manufacturing (NYSE:TSM) has recently drawn attention after a strong 1 year total return of 98.289%, set against a mixed pattern of shorter term moves in the share price. Over the past week the stock showed a 4.8465% decline, with a 5.0344% drop in the latest trading day and a 6.9631% decline over the past month, while the past 3 months reflect a 15.2958% gain. See our latest analysis for Taiwan Semiconductor...
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon. Consumer prices rose 9.3% from a year earlier in February, compared with 9.6% in the previous month, the statistics office in Bucharest said Friday. The reading was in line with the median estimate in a Bloomberg survey . Prices...
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon. Consumer prices rose 9.3% from a year earlier in February, compared with 9.6% in the previous month, the statistics office in Bucharest said Friday. The reading was in line with the median estimate in a Bloomberg survey . Prices advanced 0.6% from the previous month. Romania’s central bank has held the benchmark rate at 6.5% — the highest in the European Union — for more than a year and a half as an anchor during financial market turmoil and a spike in inflation. With the economy now in recession and soaring oil prices set to push fuel costs higher, the outlook for potential rate cuts has become more uncertain. Deputy Governor Cosmin Marinescu said earlier this week that a prolonged conflict in the Middle East would “completely alter” Romania’s inflation forecast. He estimated that a 10% spike in oil prices would add about 0.3 percentage points to Romania’s inflation rate. Some analysts see a debate on monetary easing possible in the second half of the year. Read More: From Roaring Economy to Recession, Romania Confronts New Reality The central bank, which has an inflation target range of 1.5% to 3.5%, envisaged in its current forecast consumer price growth slowing to 3.9% at the end of 2026. In an effort to limit the impact of global tensions on local prices, Prime Minister Ilie Bolojan ’s government has delayed liberalization of natural gas prices until next year, when new production from the Black Sea block Neptun Deep is expected to start. The cabinet, which has bickered over painful austerity measures needed to curb the EU’s widest deficit, may also consider more measures to ease the impact of energy shock in the coming days alongside a planned vote on the long-delayed budget for this year.