Markets Euro tumbles to a two-year low following Fed's hawkish rate cut The euro declined against the US dollar to its lowest level since November 2022. The dollar soared after the Federal Reserve delivered its third rate cut of the year and projected a slow easy cycle in 2025. 19/12/2024
Markets European markets may face pressure following weak Chinese data China reported disappointing retail sales data for November, underscoring ongoing challenges with sluggish consumer demands. The data will likely weigh on the European stock markets, particularly in consumer, energy, and mining sectors. 16/12/2024
Markets Gold rallies ahead of Central Bank rate decisions and Syria tensions Gold prices surged to a more than two-week high amid China's return on gold buying and rising geopolitical tensions following the Syrian unrest. However, an analyst suggests caution. 11/12/2024
Markets Germany's stock market records new high despite economic weakness The DAX hit a new high for the second straight trading day on Monday. Strong performances in the technology, financial, and industrial sectors have fuelled the rally, despite broader economic weakness. 03/12/2024
Markets European markets under pressure amid French political jitters The European markets continued to underperform global peers following the French political turmoil, although the euro rebounded from a two-year low against the dollar. 29/11/2024
Markets Euro holds steady despite Trump's renewed threats on tariffs The euro stabilised against the US dollar on Tuesday, despite more tariff threats from US President-elect Donald Trump, targeting imports from Canada and Mexico. 27/11/2024
Markets Markets week ahead: Eurozone's inflation figures take centre stage This week, US politics and geopolitical tensions remain a focus for investors. Economic data such as the EU inflation, the US GDP, and RBNZ's rate decision will take centre stage in regional markets. 25/11/2024
Markets European stocks fall to three-month low amid geopolitical jitters The European markets briefly hit a three-month low due to heightened tensions in the Ukraine-Russia war. Investors shifted towards safe-haven assets, while oil prices surged on fears of potential supply disruptions. 20/11/2024
Markets Weekly Recap: European markets see a resurgence on tech optimism Global stock markets faced sell-offs this week, as Wall Street's rally began losing momentum amidst fading optimism around Trump. European markets managed a modest rebound on Thursday, spurred by positive outlooks from tech giants ASML and Siemens. 15/11/2024
Markets Hopes for luxury goods market as China's retail sales surge in October China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery could benefit European luxury and mining stocks, as China's demand strengthens. 15/11/2024
Business Wall Street bets on likely winners and losers in a second Trump term Professional investors are warning about the risk of getting carried away by the momentum. While strong rhetoric on the campaign trail can cause the big swings, not all of the promises turn into actual policy. 13/11/2024
Markets European markets rebound as Chinese data fuels rally European stock markets rallied as strong Chinese trade data lifted sectors sensitive to consumer demand, driving broad gains. The Fed's recent rate cut may further bolster risk-on sentiment. 08/11/2024
Markets European markets drop after Trump's win as focus shifts to the Fed European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on the eurozone economy. 07/11/2024
Markets Stocks dip as uncertainty ahead of US Election fuels market volatility 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 dollar weakened ahead of the upcoming non-farm payroll report. 01/11/2024
Business HSBC stock rises nearly 4% as it reveals billion-euro share buyback HSBC reported strong third-quarter earnings, driven by robust performance in wealth and personal banking, as well as investment banking, alongside the announcement of an additional $3bn (€2.8bn) share buyback plan. 29/10/2024
Markets European markets higher after Wall Street climbs on Big Tech gain European markets open in the green as Asian shares mostly rise after Wall Street climbs on Big Tech gains. 29/10/2024
Markets Eurozone inflation data and tech company earnings in focus this week This week is lined up with critical economic events and company earnings, which are expected to drive market sentiment. Eurozone inflation data will be the focal point for the region. 28/10/2024
Markets FTSE Russell to include South Korean and Indian government bonds South Korean and Indian government bonds are set to join global index provider FTSE Russell in 2025, in a move that is expected to attract billions of dollars of foreign investment into their local bond markets. 09/10/2024
Markets World shares slip as investors focus on Middle East escalation World shares slipped on Thursday as investors continued to monitor an escalation of tensions in the Middle East. 03/10/2024
Markets Gold nears record highs ahead of crucial central bank rate decision Gold continues to hover near all-time highs, driven by a weakened US dollar, uncertain global economic outlooks, and escalating geopolitical tensions. The rally shows no signs of slowing, as upcoming central bank decisions may further boost demand. 17/09/2024