Legal & General share price retreated by over 5% on Wednesday, even after the company published strong financial results and a buyback. LGEN dropped to 245p, its lowest level since December last year, down by 13% from its highest point this year. Legal & General raised buyback as revenue jumped LGEN, a…
Dow Jones futures were in the red today, March 11, as traders waited for the upcoming US inflation data and as they focused on the ongoing war in Iran. It retreated to $47,600x, down by 6.12% from the highest point this year.Dow Jones futures drops ahead of US Inflation reportThe…
Shares of Germany’s largest defence contractor Rheinmetall fell by about 5.75% on Wednesday after the company reported strong revenue growth and record operating profit for 2025 but failed to meet market expectations.The company said sales rose 29% year-on-year to 9.935 billion euros, driven by surging demand for defence equipment amid…
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure projects and a more confident post-pandemic recovery.That optimism evaporated almost overnight. The war in the Middle East revived one of the euro’s oldest vulnerabilities: energy dependence. Crude…
As investors balanced optimism over a potential de-escalation in the Middle East with ongoing geopolitical uncertainty, Brazil’s benchmark Ibovespa index posted a modest gain on Tuesday, remaining above the 181,000-point threshold.However, the early optimism faded as fresh reports of targeted strikes in southern Lebanon emerged, limiting further advances in stocks.The…
China’s trade surplus climbed to a record level in the combined January–February period as exports and imports both exceeded market expectations, highlighting the resilience of the world’s second-largest economy despite ongoing trade tensions with the United States.China reported a trade surplus of $213.62 billion in the first two months of…
Global financial markets opened Tuesday with sharp swings across energy, equities, and cryptocurrencies as investors reacted to signals that the conflict involving Iran could be nearing an end. Oil prices plunged after US President Donald Trump suggested the war was nearly complete, easing fears of prolonged disruptions to energy supplies.…
US stock index futures were in green on Tuesday as oil prices declined and investors reacted to signs that the conflict involving Iran could be nearing an end. The rebound followed remarks from US President Donald Trump suggesting the military campaign was progressing faster than expected, easing some concerns about…
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure projects and a more confident post-pandemic recovery.That optimism evaporated almost overnight. The war in the Middle East revived one of the euro’s oldest vulnerabilities: energy dependence. Crude…
Europe faces mounting economic and geopolitical strain as major developments unfold across the region. Volkswagen plans deep job cuts after a sharp profit slump, while a UK court rejected a challenge to Britain’s Chagos Islands deal with Mauritius. EU leaders warn Russia is benefiting from the escalating Middle East conflict,…