The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as stronger-than-expected American economic data reduced expectations of an early interest rate cut by the Federal Reserve. By 04:05 ET (09:05 GMT), the Dollar Index, which measures the greenback against a basket of six …
Read More »European Markets Slip as Greenland Standoff and Geopolitical Risks Weigh on Sentiment
European equities closed the week on a softer footing on Friday, with investors remaining cautious amid mounting geopolitical uncertainty, particularly surrounding the future of Greenland and the stability of transatlantic alliances. By mid-morning in Europe, Germany’s DAX dipped 0.1%, France’s CAC 40 fell 0.2%, and the U.K.’s FTSE 100 eased …
Read More »Central Bankers Rally Behind Powell: Why Trump’s Attacks Sparked a Global Warning
In an extraordinary and rare move, top central bankers from around the world issued a joint statement expressing their support for U.S. Federal Reserve Chair Jerome Powell. The declaration comes as Powell faces both a criminal investigation and mounting political pressure from President Donald Trump, who has pushed for his …
Read More »European Companies Brace for the Weakest Earnings Stretch in Nearly Two Years
European corporations are heading into the latest earnings season under growing pressure, with forecasts pointing to the weakest profit performance in almost two years. Rising geopolitical uncertainty, fragile economic growth, and unresolved trade questions are weighing heavily on expectations for the final quarter of 2025, setting a cautious tone across …
Read More »Wall Street’s Earnings Jolt: Banks Shine as Tech Drag Clouds the Rally
Wall Street endured a volatile session on Thursday, January 15, 2026, as strong corporate earnings clashed with renewed pressure on technology stocks and rising geopolitical unease. Markets opened on a confident footing, lifted by impressive results from major banks and record inflows at asset managers. However, by the closing bell, …
Read More »Wall Street Rallies on Chip Boom and Strong U.S. Jobs Data; Dollar Surges
U.S. stocks climbed sharply on Thursday, driven by robust gains in semiconductor companies and encouraging economic data, reflecting investor confidence in the resilience of the American economy. The surge was led by tech firms specializing in advanced chips, fueled by rising demand for artificial intelligence and high-performance computing, while broader …
Read More »AI Boom Sends Chip Stocks Soaring: TSMC’s Record Quarter Sparks Market Rally
Semiconductor stocks surged Thursday as record-breaking results from a major industry player highlighted strong demand for AI-related hardware. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported quarterly revenue of 1.05 trillion New Taiwan dollars ($33.7 billion) and profits of $3.14 per share, both surpassing market expectations.Why This …
Read More »Wall Street Weighs China Cybersecurity Curbs: Impact Limited But Symbolic
Recent actions by Beijing targeting foreign cybersecurity vendors have rattled markets, but major U.S. firms maintain their exposure to China is minimal and the broader financial impact appears contained.Industry leaders have been quick to clarify their positions. CrowdStrike emphasized that it has no direct sales, offices, or infrastructure in China, …
Read More »Wall Street Futures Rebound as Geopolitics Ease and Bank Earnings Take Center Stage
U.S. stock index futures edged higher on Thursday, snapping a two-session losing streak as investors drew cautious optimism from easing geopolitical tensions and a fresh round of major bank earnings. By 05:50 ET, Dow Jones futures were up 60 points, or 0.1%, S&P 500 futures gained 0.4%, and Nasdaq 100 …
Read More »Dollar Extends Recovery as Rate Cuts Fade Further Into the Distance
The U.S. dollar edged higher on Thursday, continuing its rebound from a shaky start to the week as expectations for near-term Federal Reserve rate cuts continued to fade. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six major currencies, rose 0.1% to …
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