Global Stock Market

Dubai TV hosted Mohammed Hashad, Director of Research and Development at Noor Capital, member of the American Society of Technical Analysts, to comment on the performance of the most important assets in the financial markets this week.Asked about US stocks, which moved differently during the past week, but ended the …

As market participants wait for important Consumer Price Index (CPI) inflation data due in the middle of the week, where headline consumer inflation is predicted to nudge up to 0.5% MoM from the previous period’s 0.2%, US equities are benefiting from the tech sector in Monday’s trade. The expectation for …

Federal Reserve Bank of Chicago economists forecast that inflation will decline without pushing the US economy into a recession. They also described a Goldilocks scenario for a soft landing in a recent study. Inflation may fall below 2% by next year, negating the need for any rate increases.Stefania D’Amico and …

The largest retreat on Thursday’s declines on the S&P 500 and Nasdaq Indexes was Apple, along with a selloff in chip companies due to worries over China’s iPhone bans. Concerns about interest rates and persistent inflation increased as a result of a drop in weekly US unemployment claims. The S&P …

SoftBank Group’s Arm is aiming for a valuation of more than $52 billion in its initial public offering, making it the year’s largest stock market debut. According to a regulatory filing on Tuesday, SoftBank (TYO:9984) is issuing 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 …

Higher Treasury yields knocked on growth stocks in the United States on Tuesday, as a slowing pace of rise in China’s services activity fueled concerns about demand in the world’s second-largest economy. The 10-year Treasury note yield has risen to 4.21% ahead of additional economic data and the Federal Reserve’s …

This holiday-shortened week will witness key economic events, such as Factory Orders Data, Initial Jobless Claims, and Consumer Credit releases in the United States. These events will add to the spotlight on the Fed, with several FOMC speakers making speeches and the Fed’s Beige Book for September scheduled to be …

Chinese equities rose on Monday as Beijing pushes forward attempts to restore the nation’s struggling real estate market, while a rally in Europe fizzled owing to worries about increases in eurozone interest rates. The Hang Seng in Hong Kong increased 2.5%, driven primarily by strong gains in developer firms, while …

Asian stocks rose on Monday as investors bet the Federal Reserve would stop rising interest rates in the United States, and on optimism that Beijing’s continuous drip of economic stimulus would be enough to at least stabilise the Chinese economy. Due to a holiday in the United States, trading was …

Inflation stabilized in the eurozone this month, but price growth slowed as expected, painting a conflicting picture that complicates the scene for the European Central Bank, which is assessing the foundations for stopping raising interest rates in light of a noticeable slowdown in growth. Data from the European Union Statistics …