News

Bank of America reported that stock purchases by its clients saw a slight improvement last week, with $0.6 billion flowing into the market after a series of outflows. Client investments were focused on individual stocks and exchange-traded…
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Oil prices saw an additional rise on Monday, with Brent crude nearing the $80 mark, continuing last week's gains, which were the largest since early 2024. The increase was driven by concerns about a potential expansion of the conflict in…
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According to a report issued by HSBC Bank, the recent rise in gold prices appears to be slowing, and the precious metal could see further declines unless there is a significant escalation in geopolitical risks. Gold reached a record high…
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The U.S. dollar rose on Wednesday amidst global market uncertainty, with the Dollar Index, which measures the performance of the U.S. currency against a basket of six major currencies, increasing by 0.1% to reach 100.969. This followed a…
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The euro strengthened on Monday following the release of German inflation data, while commodity-linked currencies gained amid hopes for a recovery in China’s economy. Meanwhile, the Japanese yen remained steady as markets reacted. On the…
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U.S. stock futures opened the week steady, as attention shifts to Federal Reserve Chair Jerome Powell’s speech and the upcoming nonfarm payrolls report set to be released later this week. In a separate development, California’s governor…
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In a move that underscores its commitment to achieving this year’s economic growth target of around 5%, Chinese leadership pledged on Thursday to implement "necessary fiscal spending." This approach comes in response to new economic…
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The Swiss National Bank reduced its key interest rate by 25 basis points to 1.0% in its latest meeting on Thursday, marking the third consecutive cut in a series of moves aimed at adapting to current economic conditions. This action…
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Decision-makers supporting an interest rate cut at the European Central Bank are preparing to take a decisive stance on a new rate reduction next month, following a series of weaker-than-expected economic data. While this move may gain…
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In a report released on Tuesday, Citi Bank indicated that long-term portfolio managers increased their market investments last week, with their additions focused on the technology, industrial, and financial sectors. In contrast, they…
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