As the week unfolds, global markets brace for a flurry of economic data releases from Asia, Europe, and the United States. Here’s a breakdown of the significant reports expected: Asia On Monday, China will unveil its industrial profits for October, setting the tone for the region’s economic performance. On Tuesday and Wednesday, South Korea will …
Global Economic Snapshot: Key Data Releases for the Week Ahead Read More »
Amidst a shortened trading day on Black Friday following Thanksgiving, the Dow Jones closed positively, recording a slight increase of 117.12 points or +0.33%, closing at 35,390.15 points. However, the S&P500 only edged up 2.72 points or +0.06%, closing at 4,559.34 points, while the Nasdaq saw a slight dip, closing at 14,250.85 points, down by …
Market Recap: Stocks Close Mixed Amid Light Trading on Black Friday Read More »
On Friday (Nov. 24), crude oil futures experienced a downturn following the release of hostages in the Gaza Strip, a development that alleviated geopolitical tensions and subsequently led to a decline in oil prices. This drop comes ahead of the upcoming OPEC+ meeting scheduled for next week, where decisions regarding next year’s oil production volume …
WTI Drops $1.56 Amid Eased Geopolitical Tensions; Market Eyes OPEC+ Meeting Read More »
Arrests Made in Gaza, Aid Promised, Protests Erupt, and Global Concerns Arise Gaza Strip Arrests and Humanitarian Aid Reports from The Times of Israel indicate that Hamas detained 23 Thai nationals in the Gaza Strip, potentially linked to an agreement negotiated with Iran. Meanwhile, British Foreign Secretary David Cameron pledges an additional £30 million in …
Post the closure of US markets for Thanksgiving Day, Asian stock markets ended on a mixed note today, lacking clear catalysts to guide investor sentiments. Hong Kong’s Hang Seng concluded the trading session at 17,550.71 points, marking a downturn of 360.13 points or -2.01%. The decline follows the revelation of weaker operating results by several …
Asian Stock Markets Display Mixed Closures Amidst US Thanksgiving Break Read More »
As the world wakes to pivotal shifts across various fronts, here are the top updates shaping today’s discourse. 1. Israel-Hamas Truce Set to Commence The anticipation of a temporary ceasefire between Israel and Hamas looms large today, slated to initiate at 7:00 a.m. local time. Acting as a mediator, Qatar confirms the release of the …
This morning saw a mixed performance across Asian stock markets as investors grapple with concerns over the potential resurgence of interest rates by the Federal Reserve (Fed). Hong Kong’s Hang Seng index closed on a positive note, reaching 17,910.84 points, marking a gain of 176.24 points or +0.99%. Investor confidence was buoyed by growing expectations …
Mixed Closure in Asian Stock Markets Amid Concerns Over Fed Interest Rate Hike Read More »
Crude oil prices faced a steep decline on Wednesday, closing in the red as worries mounted over the delayed meeting by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+. The announcement of the postponement of the crucial oil production policy gathering set off concerns about the global crude …
Oil Prices Plummet Amid Postponement of OPEC+ Meeting, Concerns Over Supply Read More »
Ceasefire Agreement between Hamas and Israel Set to Commence on Thursday Senior Hamas official Mr. Moussa Abu Marzouk confirmed the imminent implementation of a ceasefire agreement between Hamas and Israel, scheduled to take effect on Thursday. As part of this arrangement, Hamas will initiate the release of hostages, marking a significant step in the reconciliation …
