European stocks moved higher on Monday, led by a sharp rise in defense shares as governments across the continent signalled an urgent need to increase military spending. The pan-European Stoxx 600 closed Monday’s session 0.54% higher, lifted by an over 4% jump in the Stoxx 600 Aerospace and Defense index.The…
US President Donald Trump has sent fewer market-moving social media posts since his re-election compared to his first term, according to a study by JPMorgan quoted in a Reuters report.The bank’s analysts found that only 10% of his 126 posts on trade tariffs, foreign relations, and economic policies have had…
Senior officials from the United States and Russia are set to meet in Saudi Arabia on Tuesday to discuss the ongoing war in Ukraine and broader US-Russia relations. The high-level meeting marks a potential shift in diplomatic efforts as both sides explore pathways to peace, according to officials from both…
Australia’s major banks—Commonwealth Bank, Westpac, ANZ, and National Australia Bank—announced 25 basis point interest rate cuts on Tuesday, following the Reserve Bank of Australia’s (RBA) decision to lower its benchmark rate for the first time in over four years.The RBA cut its cash rate to 4.10%, citing progress on controlling…
Oil prices rose on Tuesday, following a drone attack on a Russian oil pipeline pumping station, which disrupted flows from Kazakhstan and added to gains from the prior session.“The recent attack on the Caspian Pipeline pumping station has disrupted oil flows from Kazakhstan, raising concerns over potential shortages,” Muhammad Umair,…
Delaware, a state known for its favorable corporate laws, has proposed a significant change that could reshape the relationship between corporate boards and shareholders. This new bill aims to limit shareholder lawsuits, especially after several prominent companies, including Meta Platforms and Dropbox, have hinted at moving their legal incorporation out…
Global banking institutions are forecasting that the price of gold will remain elevated throughout 2025, with the potential to reach a record high of $3,000 per ounce. This projection is primarily attributed to heightened geopolitical uncertainty around the world, which is driving investors towards safe-haven assets like gold.Additionally, Goldman Sachs, a…
President Donald Trump’s recent executive orders imposing tariffs, the spectre of a trade war, inflation, and interest-rate cuts uncertainty have introduced notable volatility into the stock market.As of February 2025, 47.3% of individual investors anticipate a decline in stock prices over the next six months, according to the latest survey…
Copper prices have fallen from their recent three-month highs. This price decrease is also reflected in the London Metal Exchange (LME) spread, which has moved back into contango. A contango market indicates that the future price of a commodity is higher than its current spot price, suggesting that traders expect prices…
LA wildfires and freezing temperatures resulted in pressure on fast-food sales in January, according to data from Revenue Management Solutions.A 3.4% year-on-year increase in fast-food sales last month was much weaker than the 4.9% observed in December.While the weakness may persist throughout the first quarter, quick service restaurants (QSR) are…









