The Organization of the Petroleum Exporting Countries and allies are likely to proceed with their intended output pause during this weekend’s meeting, as…
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World News
Europe bulletin: Pound strengthens, FTSE near record highs, Ukraine strikes raise risks
by adminGlobal markets and geopolitics delivered a mixed but telling set of signals as the year draws to a close. Sterling firmed on diverging…
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World News
Evening digest: tech rally cools, Kraken spins out, Bitcoin flashes warning signs
by adminMarkets are closing the year with a shift in tone. Tonight’s digest tracks a cooling tech rally, a landmark energy-tech spinoff, and volatility…
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FOMC minutes: Fed officials feared ‘entrenched’ inflation- here’s why 3 refused to cut
by adminThe Federal Reserve cut rates by a quarter percentage point on December 10, but beneath the surface, the official meeting minutes reveal a…
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India has decided to extend its safeguard duty on certain steel imports, underlining the government’s continued push to protect local manufacturers from a…
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US-China relations have always been complex. Trade disputes were paused. Military risks were discussed but rarely confronted. Taiwan stayed central but unresolved. But…
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Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual…
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Brazil’s medium-term inflation outlook improved further in the latest Focus report from the Central Bank, with median consumer price index forecasts easing even lower…
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For the past few decades, Europe treated cheap Chinese imports as a mixed blessing. They squeezed margins in some industries, but kept inflation…
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World News
US midday market brief: S&P 500 dips after record week; tech names weigh on markets
by adminUS stocks retreated on Monday as the S&P 500 pulled back from its record highs reached during last week’s “Santa Claus Rally,” with…
