Tag Archives: rally

The Biden administration’s new sanctions target Russia’s oil giants Gazprom Neft and Surgutneftegas, shadow fleet vessels, and opaque traders. Oil prices surged, while European equities slid as investors fear tighter global supply. ADVERTISEMENT The Biden administration unveiled Friday sweeping sanctions targeting Russia’s oil sector, shaking global energy markets and deepening the economic isolation of Moscow just ten days before Donald …

December often sees robust equity market gains, particularly in the second half. Seasonal optimism, portfolio rebalancing, and reduced volatility make it one of the strongest periods for European stocks, especially during U.S. election years. ADVERTISEMENT The holiday season isn’t just a time for gifts and celebrations; it’s also one of the most promising periods for equity markets.  The so-called Santa …

Global markets are set to end the week lower following the Fed’s hawkish rate cut on Wednesday, which sent government bond yields soaring, draining liquidities. ADVERTISEMENT Global stock markets ended Thursday in a sea of red following the Fed’s hawkish pivot, leading to a broad-based selloff not seen since August. The souring sentiment caused major benchmarks on both sides of …

Cryptocurrencies are gaining from expectations that President-elect Donald Trump will favour digital currencies during his time in the White House. ADVERTISEMENT Bitcoin’s price hit $107,487 (€102,429.74), a new all-time high on Monday, according to Marketwatch. The queen of cryptocurrencies has gained more than 50% since Donald Trump won the presidential election last month, its price is up roughly 150% year …

Tesla’s stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla’s Price-to-Earnings(P/E) ratio to 103, the highest among the big seven stocks. ADVERTISEMENT Tesla is the biggest beneficiary of Trump’s victory in the US election among the Magnificent Seven stocks, thanks to Elon Musk’s dedication to supporting …

Global markets saw a slide in weekly performance due to rising government bond yields, following the US inflation data release and the ECB’s hawkish rate cut. ADVERTISEMENT The rally on the European stock markets stalled, with a flat weekly performance, due to rising global government bond yields. The US CPI data for November showed that inflation rose for the second …

The milestone comes just hours after the President-elect signalled a lighter regulatory approach to the crypto industry when he said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair the Securities and Exchange Commission (SEC). ADVERTISEMENT Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election …

December has traditionally been the euro’s strongest month, with consistent gains driven by US dollar weakness. However, political instability in Europe, US tariff threats, and global geopolitical tensions may challenge the euro’s usual seasonal rally this year. ADVERTISEMENT December has historically been the strongest month of the year for the euro, with the single currency gaining an average of 1.6% …

 Beyonc Knowles has made history at the Grammys, leading the 2025 nominations with 11 nods, including for the highly coveted Album of the Year.She is now the most nominated artiste of all time, surpassing her previous tie with husband Jay-Z, who has 88 nominations. Beyoncs groundbreaking eighth studio album, Cowboy Carter, leads nominations, with seven songs from the album recognized across …

Donald Trump is heading back to the White House, leading to a volatile session in global markets. The dollar has surged, sending the euro and emerging market currencies down. ADVERTISEMENT The euro slumped against the US dollar as Donald Trump declared victory in the presidential election. The currency dropped nearly 2 cents against the dollar to a four-month low at …