Financial News Editor

The European Central Bank (ECB) is set to conclude its two-day policy meeting on Thursday. It is not expected to make any changes to interest rates after a 25 basis point cut last month....

President Joe Biden's recent gaffes have raised concerns about his ability to continue leading the nation. During a NATO summit, he mistakenly referred to Ukrainian President Volodymyr Zelenskiy as "President Putin," causing embarrassment and...

HSBC Holdings plc (NYSE:HSBC) is expected to report relatively weak earnings in Q2 2024 at the end of the month. Potential rate cuts ahead are negative for its revenue and earnings growth ahead, but...

Inflation has decreased significantly in the past two years, leading to some consumer prices deflating in the U.S. economy. Deflation refers to the rate at which prices are falling for consumer goods or services,...

It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas situation are ongoing, the focus has shifted towards political risks...

The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a row. This surge can be attributed to the recent clarity...

Last week's key insights revolve around the Westpac-MI Consumer Sentiment Survey, indicating a 1.1% decrease in the headline index to 82.7. This decline reflects ongoing household pessimism due to concerns about inflation and potential...

The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week, is expected to show a reduction in the growth forecast...

The Democratic party is currently facing a major shakeup as reports suggest that Joe Biden's team is quietly testing Vice President Kamala Harris' viability in a head-to-head survey against Donald Trump. This survey, commissioned...

Sphere Entertainment (NYSE:SPHR) has been on a fascinating journey over the past year, with significant developments and updates that have caught the attention of investors. ALFSnaiper Investment Thesis initially gave a buy rating on...

Sunrise New Energy, a company based in ZIBO, China, has recently unveiled a groundbreaking anode material for solid-state batteries. This new material, a porous silicon-carbon compound, is set to revolutionize electric vehicle (EV) battery...

Inflation in June continued to decrease as lower gasoline prices and easing price pressures provided some relief for consumers. According to the U.S. Labor Department, the consumer price index (CPI) rose by 3% in...

The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data on profits, wages, and productivity will be crucial factors, but...

Shares of Tesla dropped by 3.6% after the company announced that it is postponing its robotaxi event from August to October. The stock had been on a 13-day winning streak but this news put...

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing US inflation numbers. This led to the GBP/USD pair trading...

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada and the US. The recent volatility in Canada's inflation and...

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase in the unemployment rate and a decrease in wage growth....

Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through the adjustment of the policy rate. For major central banks...

Today in the world of finance, there are a few key updates to keep an eye on. Firstly, it has been announced that US President Trump will be speaking at the Bitcoin 2024 conference...

Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price is partly due to the expectations that the Federal Reserve...

The House Oversight Committee has taken a significant step by issuing subpoenas to three top White House aides. The committee is particularly interested in understanding President Joe Biden's health status and who is truly...

Dear readers, Sampo (OTCPK:SAXPF) (OTCPK:SAXPY) is a company I frequently cover as new reports and updates come in. It has transitioned from a bank holding company/insurance mix to a pure-play insurance company. Unfortunately, Sampo...

Britain's new Prime Minister, Keir Starmer, met with President Joe Biden in Washington for the first time and emphasized the strong relationship between the UK and the US. They also celebrated England's soccer victory...

The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve to reduce interest rates in the upcoming months. The report...

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the NZD/USD dropped, hinting at a potential rate cut in the...

The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ). The RBNZ opted to keep the Official Cash Rate (OCR)...

The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting a 0.2% increase in GDP for the month of May,...

The Pound Sterling saw a rise to 1.2842 against the US Dollar following comments from the Bank of England's Huw Pill cautioning against making policy decisions based on single data points. The GBP/USD pair...

Markets are eagerly anticipating a key event tomorrow, with traders feeling the impatience building as the countdown continues. The kiwi is the only major currency showing some movement today, while others seem to lack...

The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This data will provide insights into when the Federal Reserve (Fed)...

In the world today, countries are competing to attract businesses by offering lower corporate tax rates. Some countries have even gone as far as setting their corporate tax rates at zero to entice companies...

ESCO Technologies, listed on the NYSE as ESE, is a company that specializes in providing filtration, fluid control products, and integrated propulsion systems for various markets such as aviation, navy, space, and industrial sectors....

China has intensified its supervision of the Big Four auditing firms, including Deloitte, EY, PwC, and KPMG, amid growing concerns about corporate malpractice. The Ministry of Finance has ramped up its scrutiny of these...

Microsoft has decided to step down from its observer seat on the OpenAI board due to regulatory reviews surrounding generative artificial intelligence in Europe and the U.S. This decision was communicated to OpenAI by...

China's Consumer Price Index (CPI) showed a slowdown to 0.2% year-on-year in June, dropping from the 0.3% year-on-year seen in May. This missed expectations of a 0.4% year-on-year increase. The Core CPI, which excludes...