Stoxx 50 index forms inverse H&S pattern ahead of ECB decision
The Euro Stoxx 50 index has staged a strong comeback in the past few days. The index, which tracks the biggest European companies, has risen in the past six consecutive…
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Asian markets fall as Korea’s political crisis deepens
Asian shares faced a turbulent start to the week as South Korea’s ongoing political upheaval and weaker-than-expected demand recovery in China weighed on investor sentiment. A regional equities gauge fell…
With Bitcoin breaching the $100,000 mark, what else could be in store for crypto under Trump?
Bitcoin’s dramatic ascent to $103,259 marks a pivotal moment in the cryptocurrency landscape, coinciding with the election of Donald Trump as president. This milestone, representing nearly a 50% gain since…
LATAM crypto update: Argentine Senator eyes crypto mining, Bitcoin ATMs surge in Brazil
In this week’s LATAM crypto update Argentine entrepreneur and senator Ezequiel Atauche recently proposed a motion to the Argentine Senate to include bitcoin mining and blockchain technology on the list…
Australia targets illegal crypto ATM operators with new regulatory task force
Regulators in Australia are stepping up oversight of the cryptocurrency sector with a new task force aimed at cracking down on illegal crypto ATM operators. According to a recent statement…
Chile’s inflation rate slows to 4.2% in Nov as food, housing prices ease
In November 2024, Chile’s inflation rate saw a positive drop to 4.2%, down from 4.7% in October. This shift is significant for consumers and policymakers, as it comes amid various…
Argentina slashes benchmark rate to 32% amid ongoing inflation crisis
Argentina’s central bank announced on Thursday a dramatic cut in its benchmark interest rate, from 35% to 32%. This is the latest in a string of monetary measures by the…
Lululemon stock is unlikely to find its mojo again in 2025
Lululemon Athletica Inc (NASDAQ: LULU) is not very likely to command a higher multiple until it manages to lift its US sales, as per Anna Andreeva of Piper Sandler. The…
Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits…
Chinese stocks rally on stimulus expectations, offsetting declines in Japan and South Korea
Chinese stocks surged to their highest level in two weeks on Friday, driven by growing hopes of fresh stimulus measures ahead of the Central Economic Work Conference next week. The…