Mexican President Promises Retaliatory Tariffs in Response to Trump’s Tax Threat
Mexico president vows to retaliate with own tariffs against Trump’s tax threat | Mexico Mexico’s president Claudia Sheinbaum has rebuked Donald Trump’s threat to impose steep tariffs on Mexico, arguing the plan would do nothing to halt the flow of migrants or drugs bound for the US border, and vowing that Mexico would hit back […]
Brent Crude Prices Climb as OPEC+ Prolongs Production Cuts
Brent Crude – Oil Prices Rise as OPEC + Extend Output Cuts Most Read: Markets Weekly Outlook – US Elections and Central Banks Lead the Way Oil prices opened a $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Gain continued in both the Asian and early European sessions […]
Nvidia Stock Poised for Gains as Musk Plans $9 Billion AI Chip Purchase
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips Nov 22, 2024,05:35pm EST Revolut’s Billionaires Aim For $100 Billion In Revenues With ‘Aggressive Plans’“,”scope”:{“topStory”:{“index”:1,”title”:”Revolut’s Billionaires Aim For $100 Billion In Revenues With ‘Aggressive Plans’”,”image”:”https://specials-images.forbesimg.com/imageserve/674105a1629a29d53951ffcd/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 22, 2024″,”hourMinute”:”05:35″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1732314924610},”uri”:”https://www.forbes.com/sites/robertolsen-1/2024/11/22/revoluts-billionaires-aim-for-100b-in-revenues-with-aggressive-plans/”}},”id”:”f9ffll74mfhk00″},{“textContent”:” Nov 22, 2024,02:03pm EST ‘Climate Finance’ COP29 Upended By Cheap Oil And ‘Gift Of […]
Weekly Market Outlook: Focus on Inflation Data and Geopolitical Factors
Markets Weekly Outlook – Inflation Data & Geopolitics to Dominate Read More: Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement? Week in Review: DXY Continues Advance, as EU and UK Growth Struggles Continue Europe and the UK are the biggest losers this week both from a geopolitical risk and […]
Trump’s Economic Policies Could Propel US Stock Market Growth
Trump’s economic agenda may boost US stocks U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired in a full-blown trade war or ballooning the federal deficit. The S&P 500 .SPX has gained over 24% in 2024, putting it well […]
Aussie Dollar Dips as RBA’s Bullock Addresses Trump’s Victory
Aussie slips, RBA’s Bullock responds to Trump win The Australian dollar is lower on Friday after posting sharp gains a day earlier. In the European session, AUD/USD is trading at 0.6637, down 0.61% on the day. The Aussie has been swinging wildly in a week that included the US presidential election and central bank rate […]
Nvidia’s Earnings Are Approaching: Key Insights Wall Street Is Monitoring
Nvidia earnings are on deck. Here’s what Wall Street is watching for Expectations are high for Nvidia’s earnings. Nvidia is expected to report fiscal 2025 third-quarter results Wednesday after the close. Analysts see the darling chipmaker posting a profit of 75 cents per share on revenue of $33.16 billion, per LSEG. Both figures represent more […]
Gold Price Analysis: Is the $2,600 Breakout a Bullish Indicator or Just a Short-Term Retracement?
Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement? Most Read: Will the Fed-ECB Policy Gap Sink the Euro? EUR/USD Analysis Gold bulls came out of the blocks with speed this week as heightened geopolitical tensions in Europe dominated the weekend. News that the US has authorized Ukraine to use […]
Wall Street Anticipates a ‘Normal’ Year for Stocks in 2025 Following Historic Rally
Wall Street forecasts ‘normal’ year for stocks in 2025 after historic rally After two years of annual gains north of 20% for the S&P 500 (^GSPC), Wall Street strategists think 2025 will see a more measured year for stocks. On Monday, BMO Capital Markets chief investment strategist Brian Belski initiated a 2025 year-end target of […]
Brent Oil Prices Remain Stable Despite OPEC’s Lower Demand Forecast: What Lies Ahead?
Brent Oil Prices Steady Despite OPEC Demand Forecast Cut. Where to Next? Most Read: Gold (XAU/USD) Prices Slide as US Dollar (DXY) Rally Continues Oil prices are holding firm today following a 5% decline over the previous two trading days. A stronger US Dollar and hopes of a Middle East peace deal have also weighed […]