Major stock indexes fell on Thursday, with the Nasdaq down more than 3% in early trading, after the previous session’s massive relief rally on U.S. President Donald Trump‘s move to temporarily lower the heavy tariffs on many countries, while the U.S. dollar also sank. U.S. Treasury prices moved higher after this week’s sharp bond selloff….
Ripple has announced the acquisition of multi-asset prime broker Hidden Road for $1.25 billion. This will be one of the largest acquisitions in the history of the cryptocurrency company. This is the second time this year that a cryptocurrency firm has been involved in a deal worth over a billion dollars. This event is taking…
On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading. This happened against the background of the fact that investors began to get rid of their positions in order to cover losses in other markets caused by the aggravation of global trade tensions and growing concerns…
After a brief return of optimism in March, foreign institutional investors (FIIs) reversed course and turned net sellers in early April, rattled by a sudden escalation in global trade tensions. The trigger came on April 2, when U.S. President Donald Trump announced steep reciprocal tariffs, prompting a sharp correction in global equity markets and reigniting…
Axis Securities has set a target price of Rs 2,500 on Lupin, showing an upside potential of around 27% from the current market prices. “New launches in the U.S. market, such as Darunavir and Spiriva, have gained market shares of up to 30% and 25%, respectively. The recent approval for gMegabran has the potential to…
Trump has imposed new duties «against the whole world» – 185 countries on the list. They will start operating on April 5. The minimum base customs duty will be 10% and will take effect over the weekend. “Mirror” tariffs for a number of countries will be applied from April 9th. To implement these duties, Trump…
The current panic in the markets may be overblown. If tomorrow’s tariffs prove to be less damaging than expected, we could witness a short but sharp rebound, particularly in the S&P 500. However, any long position at this stage would be countertrend and require strict risk management. As the first quarter draws to a close,…
The S&P 500 had its worst quarter in three years. Investors are shifting capital from North America to Europe. Once-booming US tech stocks have collapsed. Major banks and respected institutions are raising the odds of a recession for the American economy. That’s a lot of bad news for a broad stock index, isn’t it? However,…
Trump Shakes Up Markets: Stock Markets Panic as Trade War Threat Stock markets around the world were thrown into chaos on Monday after U.S. President Donald Trump’s blunt remarks about his plans to extend tariffs to virtually every country added to the anxiety of investors already worried about the growing threat of a global trade…
The Japanese yen remains under pressure today due to weak domestic economic data. In February, Japan’s leading inflation indicator in the services sector rose by 3.0% year-over-year, slightly below the 3.1% increase recorded in January. This figure remains an important measure of inflation in Japan’s service sector. Coupled with the upbeat sentiment in equity markets,…