European stock markets began Friday’s session with a mixed and somewhat hesitant performance, as a sharp drop in shares of German reinsurer Munich Re tempered a broader, albeit marginal, move higher. Investors are also closely watching the evolving debate around the Bank of England’s future interest rate path, with analysts…
Novo Nordisk shares rose over 5% in morning trade on Friday, ranking among the top gainers on the STOXX index, after investors reacted to trial results from Eli Lilly’s oral obesity drug candidate, orforglipron. The advance followed a 7% rally on Thursday, driven by data showing that Lilly’s pill resulted…
Global food commodity prices reached a two-year high in July, primarily due to increased international prices for meat and vegetable oils, as reported by the United Nations’ Food and Agriculture Organization on Friday.In July 2025, the FAO Food Price Index, a key global indicator for food commodity prices, rose to…
The Vanguard S&P 500 ETF (VOO) remained in a tight range this week as investor sentiment weakened and as the earnings season continued. The VOO ETF was trading at $580, a few points below the all-time high of $587. This article explains why the fund is about to surge.VOO ETF…
Asian equities closed mostly lower on Friday as US President Donald Trump’s sweeping reciprocal tariffs against more than 90 nations came into force just after midnight, rattling investor sentiment and prompting profit-taking across several regional markets.Trump, posting on Truth Social, claimed the tariffs would bring “billions of dollars” into the…
The Bank of England (BOE) lowered interest rates by 25 basis points to 4% on Thursday, the lowest level in more than two years.The move came in a closely contested decision that revealed sharp divisions within the central bank over how to balance persistent inflation pressures with emerging signs of…
US stocks rose on Thursday, led by gains in the technology sector, after President Donald Trump announced new tariffs on imported chips with broad exemptions for companies manufacturing in the United States.The Dow Jones Industrial Average climbed 226 points, or 0.5%, while the S&P 500 added 0.5%. The Nasdaq Composite…
Mexico’s headline inflation rate declined sharply in July, reaching its lowest level since December 2020, according to data released Thursday by the national statistics agency INEGI.The annual inflation rate eased to 3.51%, down from 4.32% in June and slightly below economists’ expectations of 3.53%. The latest reading signals a notable…
The US is bracing for a major spike in tariff revenue, with Commerce Secretary Howard Lutnick estimating monthly collections could hit $50 billion.That’s a big jump from last month’s $30 billion haul, driven by a sweeping set of new import duties introduced by the Trump administration.The tariffs raise the average…
US President Donald Trump has nominated Stephen Miran, the chair of the White House’s Council of Economic Advisers, to temporarily fill a soon-to-be-vacant seat on the Federal Reserve’s board of governors. The move follows the surprise early resignation of Governor Adriana Kugler, who is stepping down on Friday, more than…