Rising tensions in South China Sea threaten global trade routes
In recent months, rising tensions in the South China Sea have posed a significant threat to global shipping lanes. The South China Sea, a vital trade route, connects some of…
Economy
1601 posts
Gold buoyed by weak US labor market; silver and palladium rise on weaker dollar
Gold prices have defied the scaling back of rate cut expectations in the US. The precious metal shrugged off hotter-than-expected US inflation data and focused on the softer labor market…
Dow gains, S&P 500 hits record as bank stocks surge; Tesla drops 8%, oil prices fall
The S&P 500 and Dow Jones Industrial Average surged to new highs on Friday, buoyed by strong earnings reports from major banks, kicking off a positive start to the third-quarter…
Will Asian markets sustain their rally as US inflation data threatens to shift Fed policy?
Asian equities saw an upward trend on Thursday, with stocks in Japan, South Korea, and Australia advancing. This follows a record-setting session for US stocks, with the S&P 500 hitting…
Sensex, Nifty50 rise on global cues; Tata stocks gain, Star Health shares slip
Sensex and Nifty50 traded higher on Thursday, tracking gains in other Asian markets. Markets were up today after the minutes from the US Federal Reserve’s last policy meeting raised expectations…
YouTube event “Let’s Talk Investment – the Debate” to address 2025 strategies
On October 10, 2024, XTB France will host a private YouTube event titled “Let’s Talk Investment – the Debate,” focusing on how to prepare investments for 2025. The exclusive event…
S&P 500 gains as crude oil prices ease; NVIDIA, Apple, and Oracle rise
The S&P 500 rebounded on Tuesday after a previous decline on Wall Street, with attention on oil prices and bond yields. The S&P 500 climbed 0.7%, while the Nasdaq Composite…
Remy Cointreau stock falls amid China tariff news, but deeper issues persist
Remy Cointreau’s stock took a sharp hit, falling nearly 8.5% on Tuesday after China announced new anti-dumping tariffs on European brandy imports. However, this is just one of the problems…
RBI holds interest rate but shifts policy stance to ‘neutral’ signalling future rate cuts
The Reserve Bank of India (RBI) held its key interest rate at 6.50% on Wednesday, while signaling potential for future rate cuts by shifting its policy stance to “neutral” from…
Sensex surges 500 points, Nifty gains as RBI shifts policy; bank stocks rally, Torrent Power hits record high
Indian equity benchmarks surged on Wednesday after the Reserve Bank of India changed its monetary policy stance to “neutral”. At the time of writing, the BSE Sensex was up 555.59…