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…
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…
What next for the soaring Rolls-Royce share price?
Rolls-Royce share price resumed its strong rally and jumped to its all-time high of 598p on Friday. It has jumped by over 1,500% from its 2020 lows, making it the…
US clears export of advanced AI chips to UAE under Microsoft deal, Axios says
(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company’s highly-scrutinized partnership with…
BCA on why Trump’s immigration policies may not mean a tighter jobs market
Investing.com — BCA Research challenged the assumption that Trump’s immigration policies will tighten the labor market and stoke inflation in a note to clients this week. An analyst at the firm…
Could US tariffs ramp-up deflationary forces in Europe?
Investing.com — President-elect Donald Trump has already signaled that trade tariffs are likely to form part of his political agenda, but against concerns that a tit-for-tat U.S.-EU trade spat could…
What is the 2025 economic outlook in a new leadership and policy era
Investing.com — With Donald Trump securing his second presidential term with unified congressional support, both the US and the global economic outlook are set to change significantly in 2025. In…
Here’s what investors can expect from the ECB this week
Investing.com — The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points to 3% during its December 12 meeting, UBS analysts highlighted in a recent…
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…