Stocks rally and euro tumbles as Trump declares victory in the US election
Donald Trump looks to be heading towards the White House, leading to a volatile session in global markets. The dollar has surged, sending the euro…
Investors From Stocks to Crypto Brace for US Election Volatility
Breadcrumb Trail LinksPMN BusinessJust before a hotly contested US election considered a toss-up, options traders across markets appear to be reducing risk and bracing for…
What effect could the US Election have on stocks and bonds?
The US election will certainly impact stock markets and government bonds. Here’s a detailed look at the potential reactions of these financial instruments under different…
Markets recap: Stocks decline amid uncertainty ahead of the US Election
Market sentiment soured amid uncertainties surrounding next week's US election, exerting pressure on stock markets. The euro strengthened due to rising inflation, while the US…
US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts | Financial Markets
The tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.US tech stocks have catapulted the Nasdaq…
Investors’ Holdings Of Indian Stocks Top $1 Trillion
For the first time, Indian securities held under custody by foreign portfolio investors (FPIs) have exceeded the $1 trillion mark, reaching $1.1 trillion as of…
Where to look for top-performing European stocks as interest rates drop
As interest rates fall, European stocks in sectors such as financials, consumer discretionary, and industrials tend to outperform. These sectors benefit from lower borrowing costs,…
Weekly recap: Stocks mixed as geopolitical tensions appear to ease
Global stock markets rose on optimism surrounding potential ceasefire talks in the Middle East. However, the rally lost steam after the US reported a hotter-than-expected…
Markets round-up: China growth measures drive up European stocks
Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer demand, such as luxury and automotive stocks. Both the…
CIBC Says Rate Cut Means Time Has Come to Buy Discount Bank Stocks
Breadcrumb Trail LinksPMN BusinessNow is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial…
Wall Street stocks finish mixed after latest Trump-Harris US election debate
Asian benchmarks dipped after Wall Street's mixed finish following Kamala Harris and Donald Trump's open US election debate. ADVERTISEMENTUS stocks finished the trading session mixed…
European stocks fall as PMIs revised lower, ASML hit by UBS downgrade
European stocks fell on Wednesday after a semiconductor-driven sell-off on Wall Street. Weaker-than-expected economic data, including downgrades to Eurozone PMIs, further weighed on sentiment. ADVERTISEMENTEuropean…
Asian Stocks Look Steady as China Concerns Mount: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks were poised for a steady open Tuesday, with investors holding their nerve as concerns mount over China’s economic woes.Author of…
Weekly markets recap: Good week for European stocks as Dax hits fresh high
The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX…
Asian Stocks Set to Fall as Tech Drags Wall Street: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian equities are poised to come under pressure Tuesday after technology stocks dragged down Wall Street as traders repositioned ahead of Nvidia…
Powell’s Fed Rate Cues, Reliance AGM To Bolster Indian Stocks
Breadcrumb Trail LinksPMN BusinessBefore the trading day starts we bring you a digest of the key news and events that are likely to move markets.…
Indonesia Stocks Rebound After Protests Derail Election Law
Breadcrumb Trail LinksPMN BusinessIndonesian pro-democracy protesters won a significant victory late Thursday, forcing lawmakers to scrap a controversial push to revise regional election laws. The…
How China’s sluggish property market is hitting global mining stocks
Major global mining stocks have underperformed in the past three months due to a sharp decline in iron ore and copper prices, as China's weak…
China Tech Stocks Drive Asia Lower as Rally Pauses: Markets Wrap
Breadcrumb Trail LinksPMN BusinessStocks in Asia snapped a three-day winning streak, mirroring a halt in Wall Street’s rally as investors’ risk appetite cooled ahead of…
Asia’s Utility Stocks Have Never Had It So Good in Two Decades
Breadcrumb Trail LinksPMN BusinessUtilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year…