European stock markets began Tuesday’s trading session with a cautious and somewhat hesitant tone, with the regional Stoxx 600 index wavering near the flatline as investors assessed the evolving global trade landscape and awaited key inflation data from the Eurozone.About 25 minutes after the opening bell, the pan-European Stoxx 600…
The clock is ticking down on what could be a defining moment for transatlantic trade. In a high-stakes gambit, the European Union is signaling it might be willing to swallow a bitter pill—a 10% universal tariff on many of its exports to the United States—but only if it can extract…
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the rate to 5.50%. This move aimed to front-load support for the domestic economy, and with stable to lower inflation anticipated due to a good monsoon, further rate cuts of possibly another…
SoFi Technologies Inc (NASDAQ: SOFI) and Robinhood Markets Inc (NASDAQ: HOOD) – both have been on a tear in recent months as the macro environment remained resilient, the crypto industry boomed, and the broader market recovered from the initial jerk following Trump’s tariff surprise.Still, the case for keeping exposure to…
Euro zone inflation returned to the European Central Bank’s target of 2% in June, marking a key milestone in the region’s battle against surging consumer prices. The reading, released by Eurostat on Tuesday as part of its flash estimate, confirmed expectations from economists and signalled further easing pressure on the…
Europe continued to be gripped by a severe heatwave on Tuesday, leading to widespread health alerts. In France, over a thousand schools were closed, and the top floor of the Eiffel Tower was inaccessible to tourists, Reuters reported on Tuesday.A heat dome caused the Mediterranean Sea to be up to…
Asia-Pacific stock markets showed a mixed performance at Tuesday’s open, with investors assessing the record-setting gains on Wall Street while simultaneously keeping a wary eye on the global impact of US President Donald Trump’s tariff policies. With a 90-day tariff reprieve set to expire next week, the delicate state of…
Luckin Coffee stock price continues its strong uptrend as its growth momentum gains steam. LKNCY jumped to a high of $37.27 on Monday, its highest point since April 3, and 117% above its lowest level last year. It has also formed a highly bullish pattern, pointing to more gains.Luckin Coffee…
The FTSE 100 Index has rebounded in the past few months, moving from a low of £7,542 in April to £8,800 today, July 1. It has jumped by 16%, and is hovering near its all-time high. Footsie’s V-shaped recovery has mirrored that of other global indices like the S&P 500 and…
European stock markets began Tuesday’s trading session with a cautious and somewhat hesitant tone, with the regional Stoxx 600 index wavering near the flatline as investors assessed the evolving global trade landscape and awaited key inflation data from the Eurozone.About 25 minutes after the opening bell, the pan-European Stoxx 600…