The US service sector expanded at the weakest pace of growth since April, with the S&P Global US Services PMI Business Activity Index slipping to 52.5 in December from 54.1 in November.While a reading above 50 still signals expansion, the latest figure marked the weakest pace of growth since April.Service…
Europe’s markets and politics closed the year on sharply diverging tracks.Britain’s FTSE 100 powered to a historic milestone as geopolitics turbocharged energy and defence stocks, while the eurozone enjoyed a rare mix of falling inflation and resilient growth.Germany’s services sector held firm, masking a deepening manufacturing slump.Meanwhile, Greenland delivered a…
Global markets closed the day shaped by geopolitics, regulation, and shifting risk appetite.US plans around Venezuela’s oil sector met skepticism from energy majors, while NVIDIA’s China ambitions remain stuck in policy gridlock.Investors sought safety as gold surged toward record levels on dovish Fed signals and political turmoil.In India, antitrust authorities…
Japan’s top government spokesperson condemned China’s ban on exports of dual-use items as “absolutely unacceptable and deeply regrettable” on Wednesday, marking a significant escalation in the diplomatic dispute between Asia’s two largest economies.Dual-use items are defined as goods, software, or technologies possessing both civilian and military utility. A key example is…
2026 began with intense geopolitical tension, and Trump’s new foreign policy strategy is at the center of it. Following the capture of Maduro by US forces in Venezuela, Trump’s focus appeared to lurch northward once again. The US president revived his insistence that America “needs” Greenland and refused to rule…
Mounting evidence, from easing inflation to a softening jobs market, suggests the Bank of England’s fight against price rises is nearing a conclusion, with financial experts now predicting a shift to rate cuts in March and June, though February is considered too soon for action.Despite the impending possibility of rate…
Global markets closed the day shaped by geopolitics, regulation, and shifting risk appetite.US plans around Venezuela’s oil sector met skepticism from energy majors, while NVIDIA’s China ambitions remain stuck in policy gridlock.Investors sought safety as gold surged toward record levels on dovish Fed signals and political turmoil.In India, antitrust authorities…
Palantir Technologies (NASDAQ: PLTR) is pushing higher on Tuesday after a senior Truist analyst, Arvind Ramnani, said it was the “best-in-class” AI asset for 2026.According to him, the Denver-headquartered firm is “ideally” positioned to benefit from increased AI adoption that, he believes, could push its share price up to $223…
Wells Fargo analysts believe a combination of tax refund spending, stronger earnings in lagging sectors, and fresh liquidity from the Federal Reserve could spark a “reflation” in equities.In a note led by strategist Ohsung Kwon, the investment firm said heavily shorted names in the “Russell 3000” may be particularly well-positioned…
State-owned refiners in India continue to purchase Russian crude oil even as New Delhi seeks relief from US tariffs imposed over those imports, said a CNBC report citing energy analysts. The ongoing buying highlights the complexity of India’s energy strategy as it balances domestic fuel demand, pricing considerations, and growing…