Global Stock Market

Asian currencies saw muted activity in Monday’s holiday-thinned trade, with regional markets focused on the highly anticipated Federal Reserve meeting this week. While markets in Japan, China, and South Korea were closed for holidays, the Japanese yen made significant gains, hitting an eight-month high, as traders positioned ahead of key …

Even while THE PREVALENT market SENTIMENT is becoming increasingly optimistic, it’s crucial to remember that things can change quickly in terms of the economy. Investors ought to exercise caution and keep a close eye on developments. The Fed’s impending rate decision is a key event that could have a big …

Trump’s social media stock surged after he announced he is not selling shares in his controversial company, Trump Media. Trump and other insiders in Trump Media & Technology Group will be free to sell shares as soon as next week when lock-up restrictions are set to expire. Trump’s comments instantly …

U.S. stock index futures were steady on Friday as investors remained cautious about the size of the Federal Reserve’s expected interest rate cut next week. Speculation about a more substantial 50-basis point (bps) cut has increased, with the CME FedWatch Tool showing a 41% chance of such a move, up …

Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …

Adobe (Nasdaq: ADBE) delivered a mixed bag of results in its third fiscal quarter of 2024. While the company reported strong top-line growth and record-breaking revenue, a cautious outlook for the fourth quarter sent its stock tumbling. A Strong Quarter, but a Cautious Outlook The software giant’s Q3 revenue surged …

The Dow Jones Industrial Average (DJIA) closed higher on Thursday, following a late-day surge. This rally was primarily driven by a softer-than-expected US Producer Price Index (PPI) report, which eased concerns about inflationary pressures and reinforced expectations for an imminent interest rate cut by the Fed. PPI Inflation Moderates: The …

Most Asian stocks advanced on Thursday, led by technology shares tracking an overnight surge in Nvidia, while Japanese markets outperformed following a softer-than-expected producer inflation report, which eased concerns over potential interest rate hikes by the Bank of Japan (BOJ). Tech Shares Lead Gains After Nvidia AI Optimism Regional technology …

The recent release of the August 2024 Consumer Price Index (CPI) report has provided valuable insights into the current state of inflation in the United States. While the headline inflation rate has continued its downward trajectory, underlying inflationary pressures persist, raising questions about the Federal Reserve’s future monetary policy decisions.Key …

The ECB’s Looming Decision: Navigating Complexities of Monetary PolicyThe European Central Bank (ECB) is faced with a crucial decision at its upcoming meeting: whether to lower interest rates or maintain a cautious stance. This choice is fraught with complexities as the ECB must balance the need to stimulate economic growth …