Tag Archives: Stock

European stock markets outperformed their global counterparties this week, driven by the energy sector’s strong gains. ADVERTISEMENT Global stock markets are mixed this week with Wall Street on a retreat, and the European equities broadly higher. While surging government bond yields weighed down the US stock markets, rising energy and metal prices have buoyed the European counterparties. However, currencies moved …

A video shared online purportedly captures a staff of a logistics company eating what was said to be stock fish brought by a customer for waybill.   An X user shared the video with the caption, “Someone went to receive a package at Abuja UPS, and a lady came and dropped a package and left, and the UPS staff opened it, …

The FCA has launched a consultation on the proposed launch of a new private stock market called Pisces. Here’s a look at how it would work. ADVERTISEMENT If successful, the new private stock market could generate a pipeline of companies for a full IPO on a public market in the future. However, there will be restrictions on who can buy …

The euro has plunged against the dollar since November amid Trump’s victory in the US election, falling to 1.0330 at a two-year low on 22 November amid an unexpected contraction in the eurozone’s services sector. ADVERTISEMENT The equity markets across Europe kicked off the week on a negative note amid ongoing political turmoil in Germany and France. The German DAX …

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 DAX hit a new high for the second straight trading day on Monday. Strong performances in the technology, financial, and industrial sectors have fuelled the rally, despite broader economic weakness. ADVERTISEMENT Germany’s benchmark, the DAX, reached an all-time high for the second straight trading session, rising 1.57% and nearing the 20,000 mark. Despite the recent negative economic readings and …

The dollar surged and bitcoin reached a new record high Wednesday, November 6, as traders increasingly bet on a Donald Trump victory in the U.S. presidential race. Trump picked up wins in critical swing states, ramping up expectations of fresh tax cuts, tariffs, and inflation-driving policies that favor the greenback.   Despite pre-election polls predicting a tight race, Trump appeared …