Well, that escalated quickly
The first trading day of February saw global equity markets slump as investors reacted to President Trump’s latest tariff threats. These were aimed at the US’s closest neighbours: Mexico to…
L’Oréal shifts focus from China to a ‘land of opportunity’: here’s why
L’Oreal SA (EPA: OR) seems to have had enough disappointments out of China. For future growth, the beauty giant now plans on turning to the United States which it called…
Brazil grants EuroAtlantic Airways approval for regular flight operations
Brazil has granted EuroAtlantic the license to offer regular international flights, according to decree 16.300, which was published in the Official Gazette of the Union (DOU) on Thursday. EuroAtlantic, a…
US consumer sentiment drops to 7-month low as inflation worries rise
US consumer confidence weakened in early February, hitting a seven-month low as concerns over inflation and tariffs grew. The University of Michigan’s preliminary sentiment index fell to 67.8, down 3.3…
Bill Ackman takes a massive stake in Uber—what’s driving his bet?
Billionaire hedge fund manager Bill Ackman has built a sizable stake in Uber Technologies Inc (NYSE: UBER). On Friday, the founder and chief executive of Pershing Square said he owned…
Who is Russell Vought? Project 2025 co-author confirmed as OMB director
Russell Vought has been confirmed as the director of the Office of Management and Budget (OMB). The Senate voted 53-47 in favour of Vought, a key figure in President Donald…
USD/CAD forecast: bearish engulfing forms ahead of NFP data
The USD/CAD exchange rate has pulled back sharply in the past few days after Donald Trump paused tariffs on Canadian goods. It initially jumped to a high of 1.4787 on…
USD/INR forecast: what next for the rupee after the RBI cut?
The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first interest rate cut since the pandemic. The USD/INR…
FTSE 100 forecast ahead of Barclays, Unilever, BAT, Coca-Cola earnings
The FTSE 100 index continued its bullish momentum this week as it hovered near its all-time of £8,775. It has soared by about 14% in the last 12 months and…
Can XRP price reclaim $3? Exploring key catalysts for a potential rally
XRP’s price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of…