Aggressive rate hikes and posturing by the Federal Reserve in an effort to bring down inflation, and the return of a bear market for U.S. equities have contributed to the most pessimistic sentiment among investors all year, according to our most recent survey of our daily newsletter readers. The survey, fielded from September 20-27, captured […]
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment Read more
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), while […]
Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC Read more
A major fire broke out at Chile's Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more
The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness […]
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar range. A broad market rout in risk-driven assets also drove […]
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment Read more
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts […]
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to Read more
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more
US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses Read more
Emmanuel Macron said he had a "clear and honest" discussion with Twitter owner Elon Musk about the social media platform's Read more
Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry, following the release of a recent study on the practice. Officials said […]
Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp's shares for proceeds of $1 billion, the U.S. drugstore chain said Read more
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound seen earlier […]
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more
Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, Read more
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past. Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than […]
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher Read more
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by Read more
By Administrator_India Capital Sands Investment in mutual funds through systematic investment plans dropped to a 31-month low of Rs 7,302 crore in November amid Read more
Emmanuel Macron said he had a "clear and honest" discussion with Twitter owner Elon Musk about the social media platform's Read more
US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By 19:10 ET (23:10 GMT) Dow Jones Futures and S&P 500 Futures […]
U.S. stock futures were trading flat during Monday's evening deals, after major benchmark indices finished the regular session higher ahead Read more
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions Read more
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more
Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic Read more
The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. KEY TAKEAWAYS Ethereum merge is the transition from proof-of-work consensus […]
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment Read more
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
