Category: Trends

By Noel Randewich and Lisa Pauline Mattackal (Reuters) -The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) as investors rotated into smaller companies after softer-than-expected inflation data fed bets the Federal...

Investing.com– Gold prices are expected to advance in the coming weeks, TD Securities said in a note, with steady central bank buying and more clarity on U.S. interest rate cuts set to underpin the yellow metal. TD said that gold...

Investing.com– Chinese consumer inflation shrank in June as persistent concerns over China’s economy kept spending largely limited, while producer inflation contracted for a 20th consecutive month, albeit at a slower pace. Consumer price index inflation grew 0.2% year-on-year in June,...

U.S. President Joe Biden announced on Monday that he is staying in the race for the 2024 election. In a letter he sent to fellow Democrats, which he posted on X.com, Biden said he remains “firmly committed to staying in...

By Kevin Buckland TOKYO (Reuters) – The euro slipped on Monday after projections from France’s election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country’s fiscal outlook. The dollar...

By Andrew MacAskill, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Keir Starmer will become Britain’s next prime minister on Friday with his Labour Party set to win a massive majority in a parliamentary election, an exit poll indicated, forecasting Rishi...

Investing.com– The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation over government intervention. The yen’s USDJPY pair, which gauges the...

Investing.com– Oil prices rose in Asian trade on Wednesday, staying near two-month highs after industry data showed U.S. inventories saw a massive drawdown in the past week, boosting optimism over demand. Prices fell slightly on Tuesday, hit by some profit-taking...

By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court ruled on Monday that Donald Trump cannot be prosecuted for actions that were within his constitutional powers as president in a landmark decision recognizing for the first time...

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks were subdued on Monday as traders pondered the U.S rates outlook, while the euro edged higher after the far-right won a smaller share of the vote in the first round of France’s...