Private-sector hiring slowed more than expected in June as employers added fewer workers ahead of the closely watched monthly government jobs report, while healthcare-related industries continued to account for the bulk of new employment.According to payroll processor ADP, private employers added a seasonally adjusted 98,000 jobs in June, below economists’…
The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month’s high of 16.67.SARB…
The Kospi Index slumped by over 7% as volatility in South Korea’s equity market continued. It plunged to a low of 7,733, down by 17.50% from its highest point this year. Memory stocks drag the Kospi Index lowerThe Kospi Composite Index remained on edge today as its recent volatility gained momentum.…
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on Thursday, up by 37% this year. This article looks at the key catalysts that will drive the index this month.Nikkei…
Bitcoin price rose for the second consecutive day despite the rising ETF outflows and the fear that Strategy (formerly MicroStrategy) will dump some of its holdings. BTC jumped to $60,870, up modestly from the year-to-date low of $58,000. Spot Bitcoin ETF outflows continuedDemand for Bitcoin remains thin this week as investors…
Goldman Sachs has refreshed its European Conviction List in its July 2026 “Directors’ Cut”, adding two new names and removing three as the bank reshuffles some of its highest-conviction buy calls in the region.The standout is TGS ASA, the Norwegian seismic-data company. Goldman’s price target of 180 NOK implies roughly…
Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches.Alphabet, Amazon and Nvidia are not cheap in the traditional sense. But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing…
Scottish Mortgage Trust share price has jumped in the last three consecutive days, reaching its highest level since June 22, helped by the ongoing SpaceX stock rebound. SMT jumped to 1,470p, up by 8.46% from its lowest point this year. So, is this investment trust a good buy today?Scottish Mortgage…
Microsoft is preparing to cut thousands of jobs as early as next week, according to a Business Insider report, in another sign that Big Tech’s AI spending boom is coming with a human cost.The cuts are expected to affect less than 2.5% of Microsoft’s roughly 2,28,000 full-time employees.Xbox layoffs had…
The FTSE 100 Index remained in a tight range in June as investors focused on the UK’s political situation, Bank of England (BoE) action, and the US and Iran situation. It rose to 10,500 points, up by 3.70% from its lowest level in June. This article explores the top Footsie…