The AUD/USD exchange rate and the ASX 200 Index will be in the spotlight this week as the Reserve Bank of Australia (RBA) delivers its interest rate decision on Tuesday. The Australian dollar has been in a slow uptrend recently, and is now hovering near its highest point since November 6…
The USD/CAD exchange rate has crashed and formed a death cross pattern in the past few months. It initially peaked at 1.4793 in February and then plunged by 8% to 1.3600. This article explores what to expect ahead of the Canadian jobs data and the US trade war deadline.Why the…
Dow Futures took a sharp dive on Friday as investors grew increasingly anxious over renewed trade war threats from President Donald Trump.The futures of major indexes traded in red on Friday with Dow Futures plunging 300 points, while S&P 500 futures dropped by 0.72%. The futures of tech-heavy Nasdaq dropped…
In a decision that brings partial relief to the European spirits industry, China on Friday said it would exempt key French cognac producers such as Pernod Ricard, LVMH, and Remy Cointreau from steep anti-dumping duties—provided they commit to minimum import prices for the Chinese market. The decision follows a months-long…
Germany is exploring the option of purchasing Patriot missile systems from the United States and transferring them directly to Ukraine, as Western allies scramble to plug critical air defence gaps, as per a Reuters report.The discussions follow reports that the US has paused the delivery of at least 30 Patriot…
Fundraising through initial public offerings (IPOs) in London has plunged to its lowest level in at least three decades, according to new data from Dealogic released on Friday. Historic drop in IPO proceedsJust five IPOs were recorded in the first half of 2025, raising a combined £160 million ($218.6 million).…
Alphabet’s Google is under fresh regulatory scrutiny in the European Union, following a formal antitrust complaint from a group of independent publishers, as per a Reuters report.The group alleges that the company’s AI-generated search summaries are harming their businesses.According to a complaint document dated June 30, the group has also…
Shaun Rein, a senior China Market Research analyst, didn’t mince words about Starbucks Corp’s (NASDAQ: SBUX) faltering performance in China as he spoke with CNBC on Friday.According to him, Starbucks is struggling in China even though experiential consumer categories like sports apparel are thriving because it’s been making “major strategic…
Birmingham’s iconic heavy metal band Black Sabbath is taking center stage for one last time, and it is set to make a splash in the city. The group’s farewell performance, scheduled for Saturday, July 5, at Villa Park, is expected to inject up to £20 million into the city’s economy,…
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