While Wall Street indices continue to hit records, dovish members of the Fed are pushing for a rate cut next month. However, markets retreated ahead of July PCE inflation and trade data.
Chinese real estate developer Seazen Group announced that it will research real asset tokenization (RWA) with a new institute it will establish in Hong Kong. This step will be a first for
Norwegian Prime Minister Jonas Gahr Støre contacted US Senator Lindsey Graham to defuse the growing controversy following the country’s $2 trillion sovereign wealth fund’s decision to sell its Caterpillar shares. The fund
Small businesses in the UK say the US decision to remove the tax exemption for packages under $800 has brought great uncertainty and additional costs. The decision was made by US President
Tesla’s sales crisis continued in some European markets in August. Data from France, Denmark, and Sweden showed that the company failed to recover even with the revamped Model Y. In France, Tesla
U.S. Trade Representative Jamieson Greer stated that Washington is continuing trade negotiations despite an appeals court declaring many of President Donald Trump’s tariffs “illegal.” Greer told Fox News, “Our partners continue to
The US dollar fell to its lowest level in five weeks on Monday. Investors are focused on the US employment data to be released this week; the results will be critical for
Gold prices reached a record high, rising above $3,500 per ounce for the first time, as expectations increased that the US Federal Reserve (Fed) would cut interest rates this month. Spot gold
As the long-awaited “reflation trading” gained momentum in Japan, the main driver of the rally was foreign investors. The Tokyo stock exchange reached record highs, while yields on 30-year Japanese government bonds