22 articles
Richard Harris of Port Shelter Investment suggests tariffs could negatively impact trade and growth, offsetting the benefits of the 'big beautiful bill'. Markets initially overlooked tariff concerns, focusing on positive rollbacks. However, tariffs remain hig…
The dollar strengthened following President Trump's tax cut bill approval and growing pressure for U.S. trade deals. A robust U.S. jobs report diminished expectations of imminent Federal Reserve rate cuts, boosting the greenback from previous lows against the…
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank Nifty above 56,000, anticipating positive Q1 results to drive market highs. Top sector picks include Defence (B…
Blackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which is now entangled in U.S.-China trade talks. The consortium, led by Susquehanna International Group and General Atlantic, …
Since October 2024, the Indian stock market has been very volatile, with corrections, global disruptions, and a growing gap between fundamentals and valuations.
U.S. stocks surged, with the Nasdaq hitting a record high, fueled by tech gains, particularly Apple's 13.3% weekly jump after Trump announced a $600 billion U.S. investment commitment. Rate cut optimism, spurred by weak economic data and Trump's Fed nominee, …
Donald Trump and Vladimir Putin met to discuss the Russia-Ukraine conflict. Trump stated the meeting was productive, with both leaders aiming to reduce casualties. They agreed on several points, but some key issues remain unresolved. Trump plans to consult wi…
Wall Street anticipates key earnings reports from major retailers like Walmart and Target to gauge consumer health amidst Trump's tariffs, weak job growth, and inflation. While retailers have largely protected margins, the full tariff impact looms, potentiall…
Iran's rial currency already sits at a record low, increasing pressure on food prices and making daily life that much more challenging. That includes meat, rice and other staples of the Iranian dinner table.
Tens of thousands protested in Barcelona and Rome against Israel's Gaza campaign, fueled by the aid flotilla interception and Spain's strong diplomatic stance. Spain's PM even labeled the destruction "genocide." Rome's rally, organized by Palestinian groups, …
Global oil prices tumbled over $2 a barrel as President Trump's threat of increased tariffs on China sparked fears of reduced demand. Analysts point to this, coupled with rising OPEC production and a Gaza ceasefire, as key drivers for the market's shift to a …
Trade tensions between China and the US have resurfaced with tit-for-tat moves, including new tariffs and export limits on rare earth minerals. These actions have roiled global markets, raising concerns about further escalation. Experts suggest these moves co…
European markets experienced a sharp decline on Friday, reversing earlier weekly gains due to renewed trade war anxieties sparked by U.S. President Trump's tariff threats. Auto stocks led the downturn, while political uncertainty in France also weighed on inv…
Gold prices surged past $4,000 an ounce again this week. This rally was fueled by US President Donald Trump's warning of new tariffs on China. Global uncertainties, including potential French government collapse and US shutdown, also boosted safe-haven assets…
Immigrant workers, vital to the U.S. economy, face job losses and deportation under new policies. This crackdown impacts low-wage laborers and skilled professionals, potentially slowing job growth and increasing inflation. Businesses, including farms and heal…
Gold prices have crossed the $4,500 an-ounce mark for the first time. Silver and platinum have also reached record highs. This surge is fueled by investor demand for safe assets and anticipation of more U.S. interest rate reductions next year. The U.S. dollar…
Federal Housing Finance Agency Director Bill Pulte confirmed a $3 billion mortgage bond purchase occurred Friday, the day after President Trump ordered a $200 billion buy to lower housing costs. Pulte also stated that the privatization of Freddie Mac and Fann…
Federal Reserve officials are likely to keep interest rates steady next week. The ongoing US-Israel war on Iran is creating market uncertainty and impacting oil prices. Recent economic figures also indicate a slowdown. Policymakers face a challenge balancing …
The Strait of Hormuz is calm after recent clashes. The United States awaits Iran's response to peace proposals. Meanwhile, the US has expanded sanctions on Iran-linked entities. A Qatari LNG tanker is heading towards the strait. International efforts continue…
Traders are now fully anticipating a quarter-point interest rate hike from the Federal Reserve by September, a shift driven by renewed inflation worries fueled by a surge in oil prices. New Fed Chair Kevin Warsh's firm stance against high inflation has bolste…
Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained $2.02, or 2.64%, to $78.62 a barrel ahead of the contract's expiry later on Monday.
Federal Reserve Chairman Kevin Warsh faces a difficult choice regarding monetary policy. His recent statements on inflation have unsettled bond markets significantly. Some central bankers are advocating for interest rate hikes to combat rising prices. Othe…