FTSE 100 Index forecast as the UK Gilt market implodes
The FTSE 100 Index continued its downtrend in the past few days, moving from the year-to-date high of £9,358 to a low of £9,160. This crash may continue as the…
Oil prices edge higher as OPEC+ meeting and US sanctions loom
Global oil markets are operating within a narrow band, with traders closely watching two key developments: the upcoming OPEC+ meeting on production levels and Washington’s next steps in targeting Russian…
Russia’s Gazprom boosts gas supplies to China, plans new pipeline
Gazprom, Russia’s state-owned gas company, has agreed to a slight increase in gas supplies to China through an existing pipeline. Additionally, a memorandum was signed for the construction of the large-scale…
Nestle CEO ouster: shares fall; doubts over Navratil’s strategy to weigh on sentiment
Nestle’s shares dropped nearly 3% as the markets opened on Tuesday after the Swiss food and beverage giant dismissed its chief executive, Laurent Freixe, following an internal probe into an…
Here’s why Nio stock price may surge after earnings
The Nio stock price rebounded in Hong Kong and in the premarket after the company published strong delivery numbers. It jumped to a high of $6.50, up by 120% from…
‘Never felt better’: Trump pushes back health rumors after public absence
In a direct and forceful rebuttal, US President Donald Trump has moved to shut down a torrent of speculation about his health that reached a fever pitch online, declaring on…
Is the US market strong only because of share buybacks?
The share buyback machine in the United States has never been stronger. By late August, companies had already announced more than one trillion dollars in repurchases, the fastest pace on…
Alibaba rallies on strong earnings and cloud momentum as analysts raise price targets
Alibaba Group shares surged in Hong Kong trading on Monday, boosted by optimism over its cloud business and improving e-commerce operations. The stock jumped as much as 19% to HK$137.50…
‘Partners, not rivals’: As Trump’s tariffs bite, India’s Modi and China’s Xi reset ties
In the glittering port city of Tianjin, against the backdrop of a grand international summit overshadowed by the long shadow of American trade wars, a stunning and historic reversal has…
Gold hits record high but silver poised to outperform amid institutional interest
Gold and silver prices have risen sharply on the first day of September as rate cut hopes fuelled investors’ sentiment on Monday. The December gold contract on COMEX hit a record…