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Markets
ECB’s Stournaras: 2% inflation target to come in early 2025
The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday that the Eurozone is on the cusp of sustainably reaching 2%…
Live news: News Corp retains dual-class structure after activist proposal defeated
US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia.Wall…
NZD/USD drifts higher above 0.5850, focus on Fedspeak
NZD/USD gains ground to near 0.5875 in Thursday’s early Asian session.
Fed’s Bowman said inflation is still elevated and has moved sideways in the last few…
Nvidia beats estimates, but market enthusiasm is curbed
The time has come, and Nvidia has reported 3Q revenues above forecasts at $35.1bn, beating estimates of $33.2bn. Data centre revenue, which is the growth…
Playing hardball or facing hard times?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.So, uh . . . there are some interesting municipal-finance…
Dow Jones Industrial Average struggles to find topside momentum on Wednesday
The Dow Jones backslid another 150 points on Wednesday at its low point.
Equity markets with little data to chew on are awaiting key earnings reports.…
Australian Dollar pulls back from weekly high as USD rebounds
AUD/USD declined by 0.64% to 0.6494 on Wednesday.
The US Dollar strengthened due to geopolitical concerns and higher US yields.
A hawkish RBA might limit…
MicroStrategy takes fundraising to $7bn for push into bitcoin
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldSoftware provider turned bitcoin investor MicroStrategy…
Mexican Peso slips on Russia-Ukraine conflict woes, strong US Dollar
Mexican Peso erases previous gains on global geopolitical developments and dovish comments from Banxico’s Governor.
Victoria Rodríguez Ceja’s dovish stance…
US Dollar meets again with gains on quiet Wednesday
Greenback extends its rebound to near 106.70.
Fed’s hawkish stance, risk-off sentiment support Greenback demand.
Fed officials emphasize caution in rate…