Alibaba’s AI Push Fuels Market Optimism, Yen Weakens on BOJ Caution Alibaba’s Earnings Spark Tech Rally Alibaba shares jumped 13%, leading gains in Chinese tech stocks. The company’s fastest revenue growth in over a year boosted market confidence. CEO Eddie Wu emphasized AI development as Alibaba’s top priority, fueling investor enthusiasm. BOJ & Yen Movement […]
US Stocks Slip, Gold Soars to Record High Amid Tariff Concerns and Mixed Earnings US equity futures declined modestly about 0.3% as investors weighed renewed trade tariff threats and mixed corporate earnings. Tech stocks led the downturn, with Palantir extending its 10% slide following Defense Secretary Pete Hegseth’s announcement of planned 8% cuts in military […]
Global Markets Falter as Trump’s Tariff Threats Spur Trade War Fears Global equities paused their rally and bonds extended their decline after President Trump announced potential tariffs—up to 25%—on key imports like automobiles, semiconductors, and pharmaceuticals, raising concerns about an escalating trade war. US markets were mixed, with S&P 500 futures down 0.2% following record […]
Markets Retreat Amid Trade War Concerns and Flight to Safe Havens Asian equities tumbled following a volatile session in the U.S. and Europe,as investor sentiment weakened amid escalating trade tensions. U.S. PresidentDonald Trump’s latest tariff announcements on pharmaceuticals, semiconductors,and automobiles starting at 25% and set to rise further heightened fears of abroader trade conflict, prompting […]
US Futures Rise on Ukraine Peace Hopes and Chip Sector Deals; Gold Nears Record High US equity futures pointed to a higher open as renewed talks between Russian and US officials raised optimism for ending the Ukraine war. S&P 500 futures increased by 0.3% and Nasdaq 100 by 0.4% following a holiday, while major chip […]
Gold Holds Near Record High Amid Tariff & Geopolitical Uncertainty Gold Trading Near All-Time High Spot gold at $2,934/oz, just $8 below its record. Prices rose 1.4% on Tuesday, continuing a strong upward trend. Safe-Haven Demand Increases US-Russia talks on Ukraine add to market uncertainty. President Trump’s tariff threats on key imports raise economic concerns. […]
China Tech Stocks Skyrocket After Xi’s Meeting! Hong Kong Leads the Rally Hang Seng Index jumped 2%, reaching a three-year high for major Chinese tech stocks. Alibaba, Xiaomi, and Tencent see strong gains after Xi Jinping’s meeting with business leaders. Global Markets React S&P 500 futures up 0.2%, signaling a positive start for U.S. markets. […]
From Tariffs to Droughts: This Week’s Most Important Commodity Trends Commodity Market Rally! Global trade wars and supply shortages have pushed the Bloomberg Commodity Spot Index to its highest level in two years. The index has rallied 8% since the beginning of 2024, reaching its highest level since December 2022. The broad rise across energy, […]
Gold Eyes $3,000 While Silver Surges – Is This Just the Beginning? Trump’s Tariff Pledge Fuels Market Uncertainty President Trump orders new reciprocal tariffs, increasing concerns over global trade tensions. Investors flock to safe-haven assets, boosting gold demand. Gold Nears Record Levels for the Third Consecutive Day Gold trades around $2,937 an ounce, heading for […]
European Stocks Trim Gains as Ukraine Peace Talks Boost Optimism Amid Mixed Earnings European equities pared gains amid mixed corporate earnings while investors remained cautiously optimistic about emerging US-Russia peace talks that could help end the Ukraine war. Gains by Nestlé and Siemens were offset by weakness in Unilever and Barclays, leaving the Stoxx 600 […]