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Economy

ASX 200 Index and AUD/USD forecast as Australia inflation spikes

The ASX 200 Index retreated in the last two consecutive days, while the AUD/USD exchange rate rose to the highest level in…
Economy

FTSE 100 Index in focus as traders eye Starmer’s China trip, Fed, Lloyds Bank earnings

The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains. It jumped to…
Economy

Here’s why the HSBC share price is in a strong bull run

HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization hitting $300 billion….
Economy

USD/ZAR forecast as South African rand rally gains steam ahead of Fed, SARB

The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last…
Economy

USD/BRL forecast ahead of the Fed and Brazilian central bank decisions

The Brazilian real continued its strong rally this week, reaching its highest level since May 2024 as the US dollar sell-off gained…
Stock

Severe storms cripple European shipping, Maersk operations halted

Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo…
Stock

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela,…
Stock

Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed

Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three…
Stock

AI-driven job cuts accelerate globally as UK becomes early warning

“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this…
Stock

US futures rise as Fed decision looms; Tesla and Meta to announce results 

US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched…
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