The US Dollar remained steady on Wednesday after falling for three days in a row. The calm came after news broke that the United States and Japan had reached a major trade agreement.This deal helped reduce some of the pressure in global markets, especially as the August 1 deadline for new tariffs approaches. Even though […]
Global markets showed mixed performance on Wednesday as investors reacted to new U.S. inflation data and ongoing concerns about rising tariffs. While Wall Street closed mostly lower following the inflation update, gains from tech giant Nvidia helped the Nasdaq reach another record high. The U.S. Consumer Price Index showed inflation accelerating to 2.7% in June, […]
Crude oil futures remained steady on Thursday despite growing market concerns over U.S. tariff threats that could affect global economic stability. Recent announcements from U.S. President Donald Trump about imposing new tariffs on key trading partners have raised fears of lower global oil demand. As of 9:56 a.m., Brent crude oil futures for September were […]
Cocoa prices showed mixed performance today, with September ICE New York cocoa (CCU25) rising by +0.66% to trade up 59 points, while September ICE London cocoa (CAN25) fell by -1.30%, down 78 points. A weaker U.S. dollar spurred short-covering in U.S. markets, while a stronger British pound weighed on London cocoa contracts. Currency Movements […]
Global markets experienced a volatile beginning to the week, with Tokyo’s Nikkei 225 index dropping nearly 5% and Chinese markets soaring on news of fresh stimulus measures for the faltering economy. The Shanghai index saw an impressive rise of over 8%, contrasting sharply with the Japanese market’s struggles. In early European trading, France’s CAC 40 […]
Turkey has signed a 10-year liquefied natural gas (LNG) supply agreement with France’s TotalEnergies SE, marking a significant step in its bid to become a major regional gas hub. This deal, which commences in 2027, includes provisions for redirecting some cargoes to Europe. It is the second LNG agreement this month as Turkey advances its […]
Gold maintained stability on Monday, pausing its upward momentum after a strong rally last week, as traders awaited U.S. inflation data to gain insight into the Federal Reserve’s potential interest rate adjustments. At 9:32 a.m. ET (1332 GMT), spot gold remained stable at $2,179.69 per ounce, following a record high of $2,194.99 reached on Friday, […]
The February Consumer Price Index (CPI) report is scheduled for release on March 12, with subsequent reports on US retail sales and the Producer Price Index slated for March 14. In the coming week, Wall Street investors will closely monitor inflation data alongside other economic reports, which may offer insights into the US Federal Reserve’s […]
FAIL! Years ago, Jeff Bezos sat on stage and gave away his biggest secret to success. No, it’s not being “obsessively focused on customers rather than competitors.” Although sure that was crucial. No, it’s not having a “bias for action.” Good, but not quite there. It’s not even about the power of setting audacious goals […]
