The ASX 200 Index retreated for two consecutive days, reaching a low of $8,760 from the year-to-date high of $9,000. This retreat may continue in the next few days as the Reserve Bank of Australia (RBA) prepares to buck the global trend on interest rates.RBA set to hike interest rates The…
South Korean equities slumped on Monday, leading declines across Asian markets, as uncertainty over interest rates and fresh doubts about the sustainability of artificial intelligence-related spending weighed heavily on technology shares.The benchmark Kospi fell as much as 5%, its steepest intraday decline since Nov. 5, prompting authorities to temporarily halt…
Gold and silver prices fell further on Monday as the impending increases in CME precious metals margin requirements, set to take effect at the session close, weighed on the market, while investors also focused on the potential interest rate stance of Kevin Warsh, US President Donald Trump’s pick for Fed…
Temasek Holdings Pte. and Life Insurance Corporation of India Ltd. are expected to be among the largest sellers in the long-awaited initial public offering of the National Stock Exchange of India Ltd., reported Bloomberg, citing sources. The IPO could raise about $2.5 billion and would mark one of India’s most…
Not many expected that Asian equities would outperform the US heading into 2026.US equities as currently struggling to hold their ground as volatility picks up and investors are becoming anxious. For investors used to seeing Asia lag until Wall Street gives permission, that reversal deserves more than a passing glance.Analysts…
Oracle has said it expects to raise between $45 billion and $50 billion in 2026 to expand capacity for its cloud infrastructure, signalling one of its largest capital-raising efforts as demand for artificial intelligence and cloud services accelerates.The software company said the funds would be split roughly evenly between equity…
Crude oil declined more than 5% on Monday as easing tensions between the US and Iran erased the geopolitical premium on prices. Oil prices marked their steepest single-session drop in over six months on Monday. This fall was triggered by US President Donald Trump’s statement that Iran was engaged in “seriously talking”…
The Schwab US Dividend Equity ETF (SCHD) is doing well this year and is constantly beating the broader market, including the S&P 500 and the Nasdaq 100 indices. SCHD has jumped by 8.50% this year and is now hovering at its all-time high, while the S&P 500 has risen by just…
The ASX 200 Index retreated for two consecutive days, reaching a low of $8,760 from the year-to-date high of $9,000. This retreat may continue in the next few days as the Reserve Bank of Australia (RBA) prepares to buck the global trend on interest rates.RBA set to hike interest rates The…
The GBP/USD exchange rate continued its strong downward trend, moving from the year-to-date high of 1.3876 to the current 1.3672 as traders wait for the upcoming Bank of England (BoE) interest rate decision and US non-farm payrolls (NFP) data. Bank of England interest rate decision The GBP/USD exchange rate retreated as investors…