Gold prices came under renewed pressure after Goldman Sachs lowered its year-end forecast for the precious metal by $500 per ounce, citing a more hawkish outlook from the US Federal
Stocks and bonds surge as City heads into Budget Day on a high
The City of London wrapped up Budget Day Eve in buoyant mood, with both stocks and bonds rallying as investor confidence strengthened ahead of the Chancellor’s statement.
Wall Street mixed as Nvidia slides on fresh AI competition fears
US markets opened without clear direction after new data showed wholesale inflation rebounded more sharply than expected, adding to uncertainty around the outlook for interest rates.
Wall Street Open Mixed as Tech Stocks Drag Nasdaq Lower
It was a mixed session on Wall Street on Thursday, with the Dow Jones Industrial Average rising 0.5%, while the S&P 500 slipped 0.25% and the Nasdaq Composite fell 0.6%,
Wall Street Hits Record Highs as Nvidia Becomes World’s First $5 Trillion Company
Wall Street’s main indices surged to new record highs on Wednesday, driven by gains in technology stocks and historic momentum from Nvidia, which became the first company in history to
Fed Holds Rates Steady, Rejects Trump’s Call for Immediate Cut
The US Federal Reserve has held interest rates unchanged, defying calls from Donald Trump for an immediate cut.
Fed Expected to Keep Rates Unchanged Despite Trump’s Call for Major Cuts
The US Federal Reserve is widely expected to keep interest rates unchanged this evening, resisting calls from Donald Trump for aggressive cuts to borrowing costs.
European Central Bank cuts interest rates
The European Central Bank (ECB) has reduced interest rates for the fourth time this year, simultaneously lowering its growth forecast for the eurozone amid political instability in its two largest
Share Talk Expected Market Updates For The Week Ahead, 28th October – 1st November 2024
FTSE 100 Closes the Week Lower as Investors Anticipate Budget. The FTSE 100 edged down on Friday, finishing over 1% lower as investors looked ahead to next week’s autumn Budget.
Lagarde warns that Trump poses a threat to the eurozone
Christine Lagarde has warned that a second Trump presidency could pose a risk to the eurozone economy, as the European Central Bank (ECB) cut interest rates for the third time
Share Talk Expected Market Updates For The Week Ahead, 30th September – 4th October 2024
Tesco and Wetherspoons are in the spotlight next week as several major companies prepare to release their reports.
Share Talk Weekly Small Cap Movers & Shakers, Saturday 21st September 2024
The junior market experienced some fluctuations this week. Stocks remained relatively flat until a significant 50-point interest rate cut from the US Federal Reserve, alongside the Bank of England’s decision