Daily Headlinez Top News Updates
Asian equities struggled on Tuesday, weighed down by a dip on Wall Street and caution ahead of major economic decisions. Hong Kong’s HSI dipped 1.1% to 25,481, shedding 284 points. Nikkei also traded at 50,550, down 0.06% or 31 points. Shanghai and Shenzhen joined the downward rally, trimming 0.27% and 0.37% respectively, at 11:20 AM…
According to the November ADP report, US job market is in a not-so-good situation The November jobs report was meant to provide clarity. Instead, it delivered a jolt. What economists expected to be a month of modest expansion, 40,000 new private-sector jobs, turned sharply negative as payrolls fell by 32,000, according to new data from…
Asian equities traded mixed on Wednesday as global traders took their cue from another rally on Wall Street, although the enthusiasm remained limited ahead of crucial US economic data and next week’s Federal Reserve meeting.Hong Kong’s HSI was down 252 points or 0.97% to reach 25,842. Shenzhen and Shanghai also traded in red, down 0.09%…
The US may see another rate cut this year, even as uncertainty looms over the economy due to the ongoing US government shutdown.The Federal Reserve’s second-to-last rate meeting of 2025 takes place amid a standoff between Republicans and Democrats over healthcare subsidies, which has halted the publication of nearly all official economic data. Without these…
After a record-breaking surge in both domestic and global markets, gold and silver prices are likely to see some consolidation and mild correction next week as festive demand tapers off and profit-booking sets in, analysts said.“Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes…
US stocks climbed on Monday, with the S&P 500 inching closer to fresh all-time highs, as Tesla shares surged and investors positioned for the Federal Reserve’s key policy meeting later this week. Tesla gained 7.2% after CEO Elon Musk bought about $1 billion worth of shares through a trust, signalling confidence in the electric vehicle…
