Brazil’s economy entered the fourth quarter with a surprise contraction in October, adding to signs that activity is cooling under tight monetary policy. On Monday, data from the Central Bank revealed that the Economic Activity Index (IBC-Br), a reference indicator for gross domestic product (GDP), decreased 0.2% in October compared…
Canada’s annual inflation rate remained constant at 2.2% in November, owing primarily to increased food prices, Statistics Canada announced on Monday. On a year-over-year basis, the rise in food and restaurant prices was somewhat offset by a decrease in gasoline and lodging costs.This is the first month since March that…
Shares of online real estate listing companies tumbled on Monday after Alphabet’s Google was found testing a new format that places homes-for-sale ads directly at the top of search results, threatening to encroach on a core source of traffic and leads for property portals.Zillow Group led the declines, with shares…
Europe’s policy, regulatory, and tech landscape is in flux as central banks, governments, and businesses adjust to mounting economic and political pressures.In the UK, the Bank of England faces a finely balanced rate decision as inflation cools but growth risks rise.Elsewhere, regulators are tightening the screws on short-term rentals, trade…
Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney’s Bondi Beach, and China reported fresh signs of economic slowdown.Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid heavy liquidations.The developments underscore…
India’s private sector activity remained in expansion mode in December, but fresh survey data suggest momentum cooled toward the end of the year as external trade pressures persisted.A flash survey by HSBC showed softer readings across manufacturing and services, even as demand conditions stayed broadly resilient.The data arrives at a…
Copper price continues to move in tandem with the current supply/demand dynamics. While supply tightness has offered it steady support in recent weeks, signs of slowing demand have curbed its upside potential.In the new week, the Comex copper price is set to react to the release of crucial economic data…
The S&P 500 Index and VOO ETF dropped sharply on Friday as investors reacted to the latest earnings by top companies like Broadcast and Oracle, which sent jitters on the booming artificial intelligence (AI) industry. The index pulled back to $6,625, down from the year-to-date high of $6,922. This article explores…
The Nasdaq 100 Index and its top ETFs like QQQ, QQQM, and JEPQ suffered a harsh reversal last week as jitters on the ongoing artificial intelligence (AI) boom continued. It dropped to a low of $25,195, down sharply from the year-to-date high of $26,143. This article explores some of the…
Micron stock price tanked in the past few days, erasing some of the gains made earlier this month, as investors reacted to the recent Oracle and Broadcom earnings. It dropped to a low of $240, down sharply from the year-to-date high of $264.46. It remains up by 152% from where…