What is really driving the market slump: AI bubble fears or a fragile labor market?
Things used to be simple in the markets. AI would carry US stocks higher for a couple of years, regardless…
Trump lifts Brazil food tariffs as White House resets global trade policy
The United States has reversed its hefty tariffs on Brazilian food products, marking a major shift in how the White…
US jobs report delivers mixed signals; Fed likely to remain hawkish, says ING Group
Despite a stronger-than-anticipated increase in US jobs growth for September, the unemployment rate also climbed as more workers entered the…
Gold and Bitcoin seen as key hedges by this market expert as global liquidity dries up
The global liquidity cycle is entering a decisive contraction phase, raising the risk of a prolonged downturn in equity markets,…
Uruguay secures entry into CPTPP, joining trade bloc covering 15% of global GDP
Uruguay has been accepted to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), nearly two years after submitting…
Commodity wrap: gold rebounds on renewed Fed rate cut hopes; oil, nickel face weekly declines
After having spent most of the day in the red, gold prices rebounded due to renewed expectations of a December…
Wall Street’s new darling: Eli Lilly becomes healthcare’s first $1 trillion powerhouse
Eli Lilly crossed into historic territory on Friday, becoming the first healthcare company ever to hit a $1 trillion market…
Fed’s October minutes released: December rate cut just became a coin flip
The Federal Reserve’s October meeting minutes reveal mounting disagreement about whether another interest rate cut makes sense in December. Powell’s…
Morning brief: Trump to meet Mamdani, Asian chip stocks rally on Nvidia earnings beat
A series of major political and market developments unfolded, with US President Donald Trump preparing to meet New York City’s…
China’s rare earth magnet exports drop overall, but surge to US market in October
Recent customs data released on Thursday revealed a nuanced trend in China’s rare earth magnet exports for the month of…