Dow Jones futures were higher early Tuesday after the stock market rally hit record levels yesterday. Tesla stock surged to more all-time highs. And Mosaic, NXP Semiconductor and ZoomInfo were three earnings movers after the close.The Dow Jones Industrial Average moved up 0.3%. The S&P 500 rose 0.2%, while the …
Read More »Vehicle Shortage Puts Global Economy at Risk
So many jobs depend on automaking, this is why the industry’s production problems are causing tedious pain to several businesses and organizations. The Opel factory in Eisenach, Germany, is halting production and doesn’t plan to restart until next year. Trouble in the auto industry, a powerful engine of the global …
Read More »Dubai TV Interview, Nov. 1, 2021
Hosted by Dubai TV, Mohamed Hashad, Director of Research and Development at Noor Capital, said that there are factors that could pressure oil prices during the upcoming period. Given that it is one of the most traded assets in the markets, it is sensible that oil prices occupy traders and …
Read More »European Shares Fall on Mining
European shares fell on Tuesday from their unprecedented levels, as traders awaited upcoming meetings of central banks to elicit indications on decisions to gradually reduce stimulus and interest rates, while the decline in iron ore prices affected the shares of mining companies. The European Stoxx 600 index fell 0.3 percent …
Read More »Japan Shares Close Lower Ahead of Fed Policy Meeting
Japanese stocks closed lower on Tuesday as investors were reluctant ahead of an important meeting of the US Federal Reserve, which may reveal more of its plans to scale back stimulus measures and raise interest rates. The Nikkei index fell 0.43 percent to 29,520.90 points, a day after it achieved …
Read More »Market Drivers – U. S. Session – 02-11-2021
Financial markets stayed calm, on Monday, ahead the storm of three central bank meetings this week; the Reserve Bank of Australia meets Tuesday, the U. S. Fed on Wednesday and the Bank of England Thursday.Global stock markets rose helped by developments on fiscal stimulus and undeterred by concerns of future …
Read More »Debate continues on surging prices of commodities
Commodities are rising again, with copper, aluminum, crude oil, natural gas and wood reaping significant gains compared to pre-pandemic levels.Supply disruptions and a global push toward sustainability may be driving the commodity boom, even as fiscal stimulus and low rate policies also impact the overall economic scene.The U.S. government and …
Read More »Shares Hit Peaks before Central Bank Meetings
Markets are still calm ahead the storm of three central bank meetings this week; the Reserve Bank of Australia meets Tuesday, the Fed on Wednesday and the Bank of England Thursday. Global stock markets rose on Monday at the start of a big week for awaited central bank meetings, helped …
Read More »European Shares Start November With New Highs
European shares hit record highs on Monday, starting November with strong momentum on the positive business results, and the best performance of eurozone markets came in early trading. The pan-European STOXX 600 index rose 0.8% by 0829 GMT, surpassing its all-time high in mid-August. Global sentiment is supported by a …
Read More »Japanese Shares at The Highest Level in a Month
Japanese stocks surged to a one-month high on Monday, November 1, boosted by expectations of government stability and more fiscal stimulus after Prime Minister Fumio Kishida’s ruling party won a majority in parliamentary elections. Kishida’s conservative Liberal Democratic Party (LDP) retained a majority in the House of Representatives in Sunday’s …
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