The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,760-point plateau although its expected to open to the upside on Thursday. The...
German stocks were little changed on Tuesday after rising notably in the previous session. Underlying sentiment remained supported somewhat after data showed German inflation fell to its lowest level in more than three years in August. A second estimate confirmed that the countrys inflation slowed to 2 percent in August, its lowest level since 2021...
French stocks traded higher on Tuesday while the dollar edged lower ahead of the televised U.S. presidential debate later today and inflation readings due later in the week that could influence expectations for the interest rate outlook. Upcoming ECB and Fed meetings also remained on investors radar. Analysts remain divided over whether the Federal Reserve...
U.K. stocks drifted lower on Tuesday while sterling edged up versus the euro and dollar as new data supported the view that the British economy was on a solid footing. Official data revealed that the U.K. unemployment rate dropped in the three months to July and the wage growth softened to a two-year low. The...
European stocks were mixed on Monday after having snapped a five-day losing streak the previous day. A cautious undertone prevailed ahead of the televised U.S. presidential debate later today and U.S. inflation readings due later in the week that could influence expectations for the interest rate outlook. Upcoming ECB and Fed meetings also remained on...
Indian shares ended Tuesdays session modestly higher despite mixed cues from global markets and another round of attack by opposition Congress against SEBI Chairperson Madhabi Puri Buch and her husband. The benchmark S&P/BSE Sensex rose 361.75 points, or 0.44 percent, to 81,921.29 while the broader NSE Nifty index closed at 25,041.10, up 104.70 points, or...
Group ‘Used Shell Companies’ The PF said 130 police officers and 20 Federal Revenue Service employees conducted the raids. Courts issued at least eight arrest warrants and around two dozen search and confiscation warrants in Caxias do Sul, São Paulo, Fortaleza, and Brasília. They also seized multiple motor vehicles and impounded properties. Brazilian police busts...
The bank wants to use this wide user base as a springboard for its IPO bid, which it hopes to complete before the end of 2024. Biggest South Korean IPO of the Year? The media outlet pointed out that K Bank has the largest market capitalization and public offering amount among all the companies attempting...
Something Cipolaro credited as a likely recurrence, noting that Bitcoin “may be stuck in a seasonal slog.” However, despite the prevailing negative sentiment, he expressed optimism, suggesting that September still holds some opportunities. Diamonds in the Rough: What Bitcoin Opportunities Does September Hold? Cipolaro added that Bitcoin investors may only be able to look for...
The Bitcoin (BTC) price has plunged over 3% on Wednesday to back below $56,000, snuffing out the majority of what had looked like a promising rally since the start of the week. The reversal lower in the Bitcoin price comes in wake of the latest US Consumer Price Index (CPI) inflation figures for August. The...