Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement. Analysts caution that sector-specific punitive levies could jeopardise the entire deal, according to a CNBC report.Significant ambiguity surrounds the precise definitions and classifications of pharmaceutical goods within the framework of the trade truce finalised on Sunday. This agreement…
The Schwab US Dividend Equity ETF (SCHD) has remained in a tight range this month. SCHD was trading at $27 on Monday, a range it has maintained over the past few weeks, and over 15% above its lowest point this year. This article examines why this week is crucial for…
The JPMorgan Equity Premium Income ETF (JEPI) fund rose and is nearing at its all-time high. JEPI was trading at $57.2, a few points below the all-time high of $57.56, up by almost 20% from its lowest level in April this year.Top catalysts for the JEPI fund this weekJEPI, the…
The recent crypto crash continued today, July 29, as concerns about trade and the Federal Reserve rose. They also plunged after Galaxy Digital, one of the biggest players in the crypto industry, dumped Bitcoin worth billions of dollars. This crash led to a 94% surge in liquidations. Bitcoin price remained steady…
The USD/ZAR exchange rate rose for four consecutive days, reaching its highest level since July 16. It has jumped by 2.35% from its lowest point this month. This article explores what to expect ahead of the Federal Reserve, key macro data, trade deadline, and South African interest rate decision. Federal Reserve…
Glencore share price pulled back slightly as investors waited for its financial results. It dropped to a low of 315p on Monday, down from this month’s high of 327p. It remains about 56% above the lowest level this year. Glencore share price drops amid copper weaknessThe Glencore stock price has pulled…
AstraZeneca share price held steady this week after the company published strong financial results on Tuesday. AZN stock was trading at 10,790p, a range it has remained in the past few days. It remains 10% above the lowest point this year.AstraZeneca earnings downloadThe main catalyst for the AstraZeneca share price…
The German DAX Index futures jumped by nearly 1% on Monday morning as investors reacted to the upcoming earnings and the US-EU trade deal announced on Sunday. It jumped to €24,555, much higher than Friday’s close of €24,217.EU and US trade dealThe main catalyst for the DAX Index on Monday…
The Nifty 50 and Sensex indices remained under pressure on Monday as traders awaited key earnings and macroeconomic events. The Nifty index fell to ₹24,800, its lowest point since June 19, while the Sensex dropped to ₹81,370. This article explores some of the top catalysts for these blue-chip indices this…
Asia-Pacific stock markets began the trading week with a mixed and cautious performance on Monday, as investors eagerly awaited the outcome of crucial trade talks between the United States and China, which are set to kick off in Stockholm later in the day. This high-stakes diplomatic engagement, coupled with a…