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Markets
How prepared is Europe to withstand it? By Investing.com Studios
Europe faced an unprecedented energy crisis for around seventeen months (from September 2021 to February 2023), as coal, natural gas, and electricity prices surged to all-time…
Elon Musk tells Cathie Wood he wants to create a ‘giant brain’ and financial platform on X
Elon Musk says he hopes to turn X into a “giant brain” and pivot it into a financial platform once it secures money-transfer licenses. “We want to create a…
You’ve never had it so bad
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As we approach 2024, the humungous rally of recent weeks…
US Core PCE Preview: Extended decline in price pressures could reinforce Federal Reserve rate cut bets
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The Core Personal Consumption Expenditures Price Index…
China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
© Reuters. A labourer marks steel bars at a steel and iron factory in Changzhi, north China's Shanxi province January 11, 2007. REUTERS/Stringer/Files
BEIJING (Reuters) -…
Nike shares dive after company eyes $2 billion in cost cuts amid ‘softer’ outlook
Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings…
Tencent rocked by new Chinese online gaming restrictions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in China’s biggest online gaming companies were…
Australian Dollar pulls back from a five-month high ahead of US Core PCE data
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Australian Dollar surged as US Dollar lost ground near…
Gold prices surge as dollar hits 4-mth low; Inflation data awaited
© Reuters
Investing.com-- Gold prices rose on Friday, extending gains from the prior session after a mild downgrade to third-quarter U.S. GDP and soft labor market data put…
Why stock-market bulls say ’embrace weakness’ after biggest stumble in 3 months
A U.S. stock rally that went too far, too fast, saw major indexes post their biggest drop in months Wednesday — a welcome development to bulls looking for a…