21/04/2024
Swiss Franc and Yen Rise Modestly, Retreat from Peaks as Iran-Israel Tensions Ease

Swiss Franc and Yen Rise Modestly, Retreat from Peaks as Iran-Israel Tensions Ease

Swiss Franc and Japanese Yen Stabilize as Iran Signals No Retaliation Against Israel In New York, the Swiss franc and the Japanese yen witnessed a reduction […]
20/04/2024
Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

New York, NY (Reuters) — On Friday, the Nasdaq Composite and S&P 500 concluded in the red, influenced by a dip in Netflix (NASDAQ:NFLX) shares, although […]
20/04/2024
Five Key Market Trends to Monitor This Coming Week

Five Key Market Trends to Monitor This Coming Week – NASDAQ

Upcoming Economic Indicators and Tech Earnings to Shape Market Trend As the momentum of the recent rally in U.S. stocks begins to wane, driven by concerns […]
17/04/2024
Dollar Dips Slightly; Sterling Rises Following CPI Report

Dollar Dips Slightly; Sterling Rises Following CPI Report

U.S. Dollar Slips While Sterling Gains Amid Unexpected UK Inflation Data Introduction:In early European trading on Wednesday, the U.S. dollar experienced a slight decline from its […]
03/04/2024
Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Amidst minimal movement in most Asian currencies on Wednesday, the dollar eased slightly from its over four-month peak as markets remained cautious about the trajectory of […]
02/04/2024
Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 billion

(Reuters) – Private equity firm Silver Lake has announced plans to acquire all outstanding shares of Endeavor Group Holdings, the talent and media company, in a […]
02/04/2024
US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

US stocks retreat; Tesla delivery weakness, reduced rate cut expectations weigh

Tesla stock plunged 6% after the electric vehicle manufacturer reported disappointing first-quarter delivery numbers, falling well short of expectations. The company delivered 386,810 vehicles, significantly below […]
01/04/2024
South Korea March consumer inflation +3.1% y/y, matching forecast

South Korea March consumer inflation +3.1% y/y, matching forecast

SEOUL (Reuters) – Official data released on Tuesday revealed that South Korea’s consumer prices increased by 3.1% in March compared to the same month the previous […]
01/04/2024
Warren Buffett Has $157 Billion Invested in These 2 "Magnificent Seven" Artificial Intelligence (AI) Stocks

Warren Buffett Has $157 Billion Invested in These 2 “Magnificent Seven” Artificial Intelligence (AI) Stocks

Warren Buffett, known for his preference for traditional value investing over high-growth stocks, has made significant investments in two artificial intelligence (AI) giants within Berkshire Hathaway’s […]
01/04/2024
US futures rise at start of Q2, fresh record for gold- what's moving markets

US futures rise at start of Q2, fresh record for gold- what’s moving markets

U.S. futures signaled a positive start on Wall Street as the second quarter commenced, with gold prices surging to a new record amidst expectations for Federal […]
31/03/2024
5 big analyst AI moves: Apple-Baidu collaboration 'driven by regulatory concerns'

5 big analyst AI moves: Apple-Baidu collaboration ‘driven by regulatory concerns’

Citi Attributes Apple-Baidu AI Collaboration to Regulatory FactorsCiti analysts recently focused on Apple’s partnership with Baidu, noting that their collaboration on AI initiatives is primarily motivated […]
30/03/2024
Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Federal Reserve Chair Jerome Powell participates in a discussion at the Macroeconomics and Monetary Policy Conference, in San Francisco. Key quotes: My first thought on PCE […]
30/03/2024
Investors eye Fed rate cut, earnings as key to sustaining market rally

Investors eye Fed rate cut, earnings as key to sustaining market rally

NEW YORK (Reuters) – After an impressive start to the year for stocks, investors are bracing themselves for potential challenges in the second quarter as they […]
30/03/2024

US Congress bans staff use of Microsoft’s AI Copilot, Axios reports

(Reuters) – The U.S. House of Representatives has imposed a strict prohibition on congressional staffers’ utilization of Microsoft’s Copilot generative AI assistant, as reported by Axios […]
28/03/2024
Japan repeats verbal warning to yen bears, BOJ keeps dovish tone

Japan repeats verbal warning to yen bears, BOJ keeps dovish tone

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida stated on Thursday that the government remains open to all options to address excessive movements in the currency […]
28/03/2024
Brazil central bank's June decisions will be more data dependent, says governor

Brazil central bank’s June decisions will be more data dependent, says governor

BRASILIA (Reuters) – Brazil’s central bank is facing uncertainty regarding its policy decisions at the upcoming June meeting, with governor Roberto Campos Neto stating on Thursday […]
28/03/2024
Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices stabilized in Asian trading on Thursday, hovering near a record high as traders invested in the precious metal ahead of further cues on U.S. […]
28/03/2024
Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Investing.com — Oil prices may surge to $100 a barrel as early as September following Russia’s decision to reduce production, although the U.S. is poised to […]
28/03/2024
India central bank keen to further build up record high FX reserves, say sources

India central bank keen to further build up record high FX reserves, say sources

MUMBAI (Reuters) – India’s central bank intends to continue bolstering its forex reserves, leveraging strong inflows into the country’s equity and debt markets, according to two […]
27/03/2024
Yuan theforex24

Analysis-As yuan skids, markets bet more depreciation is in store

SINGAPORE (Reuters) – The Chinese yuan is experiencing a downward trend, prompting speculation that authorities are deliberately orchestrating a gradual depreciation. This strategy aims to complement […]