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Markets
Investors buy European luxury stocks as ‘safer’ play on China’s economy
Investors are piling into stocks of European luxury goods and other sectors with exposure to China, believing they offer a safer way to profit from a possible recovery in the…
USD/JPY: BoJ’s incremental steps toward policy normalization should support a recovery in the Yen – UBS
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The strength in the Dollar pushed USD/JPY back above…
Gold prices retake $2,000 after weak retail sales, weekly losses still on tap
© Reuters.
Investing.com-- Gold prices moved little in Asian trade on Friday after retaking a key level as weak U.S. retail sales data spurred some doubts over when the…
DraftKings’ stock goes south after sports-betting company swings to surprise loss
DraftKings Inc. shares dropped more than 3% in the extended session Thursday after the sports-betting platform surprised Wall Street with a quarterly loss…
Australia classifies nickel as a ‘critical’ mineral to protect ailing industry
Stay informed with free updatesSimply sign up to the MiningmyFT Digest -- delivered directly to your inbox.The Australian government has added nickel to a list of commodities…
Gold price struggles to lure buyers amid rising US bond yields, ahead of US macro data
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Gold price ticks higher amid subdued US Dollar price…
Hedge fund stampede into cocoa futures fuels record price spike
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hedge funds have piled into the cocoa market since the…
Forex Today: US Dollar finds a foothold ahead of PPI, consumer sentiment data
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Here is what you need to know on Friday, February 16:
The…
2024 Financial Market Outlook by Octa By Investing.com Studios
In 2023, we have seen global central banks struggle with inflation. Following interest rate hikes by central banks worldwide, global inflation has fallen from around 10% in the…