The Emperor’s new clothes
The September Federal Reserve meeting came and went. The Federal Open Market Committee (FOMC) reduced interest rates by 25 basis…
Europe bulletin: Russia plans asset sale, Germany arrests Hamas members
On Wednesday, Europe witnessed various geopolitical and financial market developments. Investors monitored a potential escalation in Russia-EU tensions, notable gains…
Evening digest: Meta to mine AI conversations, Europe economic data, BTC rebounds
Wednesday started with uncertainties all over the space as the US government shutdown came in effect after the Senate failed…
China’s production caps and sustainability drive reshape the base metals market
The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest…
ASOS stock slumps as analysts warn profit gains may not offset sales weakness
British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer…
Dow futures tank 150 points amid looming shutdown: 5 things to know before Wall Street opens
Dow futures plunged 150 points on Tuesday, as investors weighed political uncertainty in Washington against lingering concerns over economic growth.…
Nvidia, AMD to see massive surge? Citigroup forecasts trillion-dollar AI boom
Nvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in…
Commodity wrap: gold eases from record highs as oil slips on supply hike reports
Most commodities were in bear territory on Tuesday, with bullion, oil and copper experiencing price declines. Gold prices eased from…
US job openings steady at 7.2M in August as hiring slows, sectoral shifts emerge
The US labour market showed little movement in August, with job openings unchanged at 7.2 million, according to data released…
Trump’s speech: record military budget, peace initiatives in Gaza, Ukraine
United States President Donald Trump on Tuesday delivered a wide-ranging address to senior military leaders, announcing record defence spending and…