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Dow Theory Confirmation Sparks Optimism for Broader US Stock Market Rally

Dow Theory Confirmation Sparks Optimism for Broader US Stock Market Rally

A sharp nine-day rally in transportation stocks is reviving a classic Dow Theory signal, suggesting the US stock market’s recent gains are likely to persist as industrial production aligns with delivery and economic activity....

Gerik

Soybeans Set to Snap Seven-week Rally on China Demand Doubts

Soybeans Set to Snap Seven-week Rally on China Demand Doubts

Chicago soybean futures edged down on Friday and were set for a first weekly loss in eight amid uncertainty over the scale of Chinese demand for U.S. supplies under a bilateral trade truce.

Michelle

Swiss Firms Accelerate Foreign Investment to Navigate US Tariff Shifts

Swiss Firms Accelerate Foreign Investment to Navigate US Tariff Shifts

Following a reduction in US tariffs, Swiss firms are strategically shifting production and investing abroad to manage long-term trade uncertainty, raising concerns about domestic high-skilled job retention and economic growth...

Gerik

Oil Prices Hold Steady Due to Stalled Ukraine Peace Talks And Supply Outlook

Oil Prices Hold Steady Due to Stalled Ukraine Peace Talks And Supply Outlook

Oil prices were steady on Friday, supported by stalled Ukraine peace talks, though gains were offset by expectations of a supply glut.

Glendon

Britain's Mansion Tax Won’t Rest At £2 Million

Britain's Mansion Tax Won’t Rest At £2 Million

Taxing expensive homes to raise less than 0.1% of total government receipts is hardly a fiscal revolution. But the modest beginnings of Britain's proposed mansion tax shouldn't obscure its potential significance.

Samantha Luan

French Industrial Rebound Loses Steam

French Industrial Rebound Loses Steam

Manufacturing output in France edged down slightly in October, falling by 0.1% after a strong 0.9% increase in September. Across the broader industrial sector, production rose by 0.2% on the month, following a 0.7% gain in September.

ING

Gold Steady Near 4,200 USD As Markets Await Key Data

Gold Steady Near 4,200 USD As Markets Await Key Data

Gold prices held close to 4,200 USD per ounce on Friday, with investors focused on a significant, delayed inflation report ahead of next week's Federal Reserve policy decision.

Glendon

Gold Price Analysis: Market Awaits Key Updates

Gold Price Analysis: Market Awaits Key Updates

The ADX indicator on the 4-hour XAU/USD chart has dropped to a multi-month low, signalling the absence of a clear trend.

FXOpen

Cautious Optimism in European Markets as Fed Meeting and Ukraine Tensions Dominate Investor Outlook

Cautious Optimism in European Markets as Fed Meeting and Ukraine Tensions Dominate Investor Outlook

European stocks opened higher on Friday, supported by rising expectations of a Fed rate cut and cautious hopes surrounding Ukraine negotiations, even as geopolitical risks remain elevated....

Gerik

AI Industry Not in a Bubble, But Market May Correct, Says SK Group Chairman

AI Industry Not in a Bubble, But Market May Correct, Says SK Group Chairman

SK Group Chairman Chey Tae-won downplayed fears of an AI industry bubble but acknowledged that AI stocks have surged too rapidly, making a market correction likely....

Gerik

UK House Prices Stalled In November Amid Pre-Budget Caution

UK House Prices Stalled In November Amid Pre-Budget Caution

UK house prices stalled ahead of the budget.

Daniel Carter

Exclusive-India Weighs Greater Phone-location Surveillance; Apple, Google And Samsung Protest

Exclusive-India Weighs Greater Phone-location Surveillance; Apple, Google And Samsung Protest

India's government is reviewing a telecom industry proposal to force smartphone firms to enable satellite location tracking that is always activated for better surveillance, a move opposed by Apple, Google and Samsung due to privacy concerns, according to documents, emails and five sources.

Samantha Luan

Indonesia Targets Companies As Floods Death Toll Surpasses 800

Indonesia Targets Companies As Floods Death Toll Surpasses 800

Indonesian officials plan to take legal action against a dozen companies whose actions they say may have worsened deadly floods and landslides in northern Sumatra.

Justin

US Urged Europeans To Oppose EU Plan For Loan To Support Ukraine

US Urged Europeans To Oppose EU Plan For Loan To Support Ukraine

The US lobbied several countries in the European Union in an effort to block EU plans to use frozen Russian central bank assets to back a massive loan to Ukraine, according to European diplomats familiar with the matter.

Samantha Luan

US Dollar Price Forecast: Drops Amid 85% Fed Cut Probability – GBP/USD And EUR/USD

US Dollar Price Forecast: Drops Amid 85% Fed Cut Probability – GBP/USD And EUR/USD

The US Dollar weakens as markets price an 85% chance of a Fed rate cut. DXY stays under pressure while GBP/USD and EUR/USD maintain bullish momentum.

Winkelmann

RBI Cuts Rates and Injects Liquidity to Nurture “Goldilocks” Growth Amid Cooling Inflation

RBI Cuts Rates and Injects Liquidity to Nurture “Goldilocks” Growth Amid Cooling Inflation

The Reserve Bank of India (RBI) reduced its key policy rate to 5.25% and injected up to $16 billion in liquidity through bond purchases and forex swaps, aiming to support the economy during a rare “goldilocks” phase of strong growth and sharply falling inflation...

Gerik

The US’ Latest Energy Power Play Could Worsen Russian-Turkish Tensions

The US’ Latest Energy Power Play Could Worsen Russian-Turkish Tensions

The US-Ukraine gas cooperation project may reshape the European energy landscape, the Russian-Turkish gas hub plan faces challenges, Turkey's energy policy shift also affects the interests of Russia and Iran, and geopolitical competition intensifies.

Andrew Korybko

Xi Hosts Macron in Rare Chengdu Visit as China Signals Strategic Focus on France

Xi Hosts Macron in Rare Chengdu Visit as China Signals Strategic Focus on France

Chinese President Xi Jinping’s decision to personally accompany French President Emmanuel Macron to Chengdu highlights China's deepening diplomatic focus on France...

Gerik

Silver Surges Amid ETF Inflows and Structural Shortage, Outshining Gold

Silver Surges Amid ETF Inflows and Structural Shortage, Outshining Gold

Silver prices reversed early losses to climb near $58 per ounce, buoyed by the strongest weekly ETF inflows since July, robust investor interest, and growing expectations of a Fed rate cut next week...

Gerik

Modi, Putin Meet To Deepen Economic Ties Despite US Pressure

Modi, Putin Meet To Deepen Economic Ties Despite US Pressure

Indian Prime Minister Modi and Russian President Putin held a bilateral meeting in New Delhi, as the two leaders look to deepen economic cooperation in the face of pressure from US President Donald Trump.

Daniel Carter

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