China’s consumer and producer prices rose more than expected in April, offering fresh evidence that price pressures are beginning to firm, even if the broader recovery story remains uneven and policymakers are likely to stay cautious.Data released by the National Bureau of Statistics of China showed the consumer price index…
The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest intraday bounce as fresh US dollar buying capped its recovery.Optimism over a potential US-Iran nuclear deal faded quickly after renewed hostilities in the Strait of Hormuz and widening disagreements over Tehran’s…
Goldman Sachs has pushed back its forecast for the first US interest-rate cut, saying higher energy prices and the risk of stickier inflation linked to the Middle East conflict are likely to keep the Federal Reserve cautious for longer.The bank now expects the Fed to deliver its first rate cut…
The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest intraday bounce as fresh US dollar buying capped its recovery.Optimism over a potential US-Iran nuclear deal faded quickly after renewed hostilities in the Strait of Hormuz and widening disagreements over Tehran’s…
Almost €200 billion is set to be committed across the European Economic Area and Switzerland to build out the electric-vehicle ecosystem, underlining the scale of the region’s effort to strengthen its position in batteries, vehicle production and charging infrastructure.Most of the planned investment is expected to flow into battery plants,…
The Nikkei 225 Index remained at a record high on Monday, continuing a surge that started late March when it was trading at $50,613. It was trading at ¥62,677 as traders eyed major events this week. This article looks at some of the top catalysts that will move Japan stocks…
The USD/ZAR exchange rate will be in the spotlight this week as investors react to a recent court ruling that raised impeachment risks for President Cyril Ramaphosa. It was trading at 16.43, down from the April high of 16.91 and the year-to-date high of 17.2470. Cyril Ramaphosa’s impeachment risks riseThe South…
Vodafone share price has remained in a narrow range in the past few days and is now hovering at its highest point since August 2022. VOD has jumped to 118p, up by 90% from its lowest level in December last year, giving it a market capitalisation of over $37 billion.Vodafone…
The S&P 500 Index jumped to a record high last week, continuing an uptrend that started on March 30 when it plunged to $6,315. It rose to an all-time high of $7,398, adding trillions of dollars in value. This rally article looks at the potential catalysts for the index and…
The Indian Premier League is no longer being valued like a cricket tournament.It is being priced like a scarce, cash-generating media franchise with a captive audience, limited supply and growing institutional demand.That shift became unmistakable in 2026. Royal Challengers Bengaluru changed hands in a $1.78 billion deal in March, while…