USD/RUB: Ruble waits for Russian inflation data, CBR decision
The USD/RUB exchange rate has moved sideways in the past few days as investors refocus on key actions from the United States, falling crude oil prices, and the upcoming Russian…
Nikkei index drops over three percent amid global market slump
Tokyo’s Nikkei 225 index experienced a sharp drop of 3.02 percent, or 1,098.77 points, to settle at 35,292.70 in early trading on Monday. This decline follows a recent wave of…
China’s CPI rises 0.6%, missing expectations as transportation and home goods prices drop
China’s consumer price index (CPI) increased by 0.6% year on year in August, falling short of the 0.7% growth anticipated by analysts. The slower-than-expected rise reflects a decline in prices…
As crude oil prices crash, these energy stocks are soaring
Energy stocks have plunged hard in the past few days as crude oil prices continued crashing. The Vanguard Energy ETF (VDE) has retreated in the past four consecutive days, moving…
iPhone 16 launch today: What to expect from Apple’s ‘It’s Glowtime’ event 2024?
Apple’s highly anticipated ‘It’s Glowtime’ event is set for September 9, 2024, where the tech giant is expected to reveal its latest innovations. This annual event traditionally spotlights new flagship…
Occidental (OXY): Warren Buffett’s top oil stock gets oversold
Occidental Petroleum (NYSE: OXY) stock price is falling apart. It has crashed in the last four consecutive weeks, moving to its lowest level since April 2022. After peaking at $70.73…
US takes aim at Google’s $200 billion ad tech business; Alphabet faces antitrust battle
The US Department of Justice (DoJ) is set to challenge Google’s highly profitable ad tech business in a landmark antitrust trial. Starting on Monday, the case will focus on whether…
BBVA adds USDC custody and trading services for its Switzerland clients
Spain’s multinational banking and financial services company Banco Bilbao Vizcaya Argentaria, SA, has expanded its digital asset services by adding USD Coin (USDC) for its institutional and private banking clients…
What is the 2025 outlook for the global economy?
As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024.…
What are the pressure points that the US can utilize against China?
Investing.com — According to BCA Research’s GeoMacro Strategy service, the U.S. has two key leverage points it can use against China. First, the U.S. consumer market is the largest globally,…