Market movements this week will hinge on eurozone business activity data and key interest rate decisions by major central banks, including the Fed, Bank of England, and Bank of Japan. ADVERTISEMENT The financial markets face a busy final week before Christmas. Three major central banks, including the Federal Reserve (Fed), the Bank of England, and the Band of Japan are …
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European markets stay steady despite French government’s collapse
The French stock markets showed no immediate reaction to the political turmoil in the country. ADVERTISEMENT Despite the fall of Michel Barnier’s government on Wednesday, the Paris Bourse rose on Thursday with the leading CAC 40 index up 0.65% around 10am, having climbed 0.66% on the previous day. The euro, too, was little changed. Earlier, the French benchmark stock index …
Read More »Hopes that Biden’s Angola trip may help lower pressure on oil markets
US President Joe Biden is visiting oil-abundant Angola for a three-day trip, aiming to enhance investment activities in the country and countering China’s rising influence in the region. ADVERTISEMENT US President Joe Biden is set to visit Angola on Monday, fulfilling a promise made in 2022 and marking the first visit by a US president to the Sub-Saharan African country. …
Read More »Markets look ahead: French political risk and US jobs data in focus
Market participants will continue to watch the development of the French government crisis and key economic data from major economies this week. ADVERTISEMENT The financial markets saw some reversal trends in currencies last week, with the US dollar weakening following a retreat in the US government bond yields. The trend may continue this week as investors reassess Trump’s tariffs and central banks’ rate …
Read More »Trump’s tariff hikes could speed up China’s shift to new markets
The US has for years been a major destination for Chinese goods, but exporters are reducing their reliance on the world’s largest consumer market as Beijing and Washington feud over trade. ADVERTISEMENT Visitors who bought fridge magnets at Times Square or other tourist hotspots around New York in recent years are unlikely to have known they were buying something made …
Read More »Markets week ahead: Eurozone’s inflation figures take centre stage
This week, US politics and geopolitical tensions remain a focus for investors. Economic data such as the EU inflation, the US GDP, and RBNZ’s rate decision will take centre stage in regional markets. ADVERTISEMENT Last week, stock markets saw a recovery of bullish trends on Wall Street as the Trump Trade continued to fuel the rally. Meanwhile, rising geopolitical tensions …
Read More »Markets look ahead: What’s in store globally, plus Nvidia’s earnings
With key economic data and Nvidia earnings scheduled, this week will provide important signals for global market directions. ADVERTISEMENT This week, the market focus will be on flash manufacturing and services economic data (PMIs) from major economies, including the eurozone, the UK, and the US. Additionally, the artificial intelligence powerhouse Nvidia is set to report its quarterly earnings, gauging the …
Read More »Weekly Recap: European markets see a resurgence on tech optimism
Global stock markets faced sell-offs this week, as Wall Street’s rally began losing momentum amidst fading optimism around Trump. European markets managed a modest rebound on Thursday, spurred by positive outlooks from tech giants ASML and Siemens. ADVERTISEMENT Global markets appear likely to end the week on a sour note as Wall Street’s Trump-led rally began to falter. Despite a …
Read More »Markets lookahead: EU economy and US inflation figures in focus
Following a volatile week, market participants will shift their attention back to major economic indicators from key economies, particularly US inflation data and Chinese economic figures, this week. ADVERTISEMENT The US election dominated market trends last week, investors will redirect their focus to economic fundamentals this week. The US Consumer Price Index (CPI) is poised to be a crucial data …
Read More »What investors need to know about markets and the US election
The US election could significantly impact financial markets, influencing currencies, stocks, and commodities. Here are some potential market reactions to different election outcomes. ADVERTISEMENT With less than a week to go until the US presidential election, financial markets are anticipating a potential Trump victory. The term “Trump Trade” has gained popularity among investors as his proposed policies – including those …
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