economy
Those in the know know the disconnect between the economy and the volatile stock market; discover the reality about this complex relationship.
Stocks bask in Nvidia glow, dollar steady
LONDON (Reuters) -Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia (NASDAQ:NVDA) the world's most valuable company, while the dollar stalled as soft U.S. retail sales data suggested rates could fall this year.
By mathias delight17 days ago in Trader
Most Japan firms see no need to follow the U.S. with tariffs on China: Reuters poll
TOKYO (Reuters) - Most Japanese companies see no need for their government to follow the U.S. in raising tariffs on Chinese imports, saying excessive production capacity in China's industrial sector does not affect them, a Reuters survey showed on Thursday.
By mathias delight17 days ago in Trader
U.S. stock markets close, Nvidia reaches No.1 market cap - what's moving markets
U.S. financial markets are due to be closed for the Juneteenth holiday on Wednesday, potentially limiting trading activity a day after Nvidia (NASDAQ:NVDA) leapfrogged Microsoft (NASDAQ:MSFT) to become the world's most valuable company. Meanwhile, Federal Reserve Governor Adriana Kugler says the central bank could slash interest rates if economic conditions continue to move in the "right direction."
By mathias delight17 days ago in Trader
Trump decries state of economy in Wisconsin city where his promise of jobs fell short
RACINE, Wisconsin (Reuters) -Republican presidential candidate Donald Trump sought to present himself as the best candidate for the U.S. economy at a Tuesday rally in Racine, Wisconsin, where a local factory that he broke ground on six years ago has proven to be a major flop.
By mathias delight17 days ago in Trader
Asian stocks hold on to gains; BoE in focus
SINGAPORE (Reuters) - Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for more U.S. policy clues, while sterling was steady before a Bank of England meeting where rates are expected to remain unchanged.
By mathias delight17 days ago in Trader
India economic inequality to persist despite roaring GDP growth: Reuters Poll
BENGALURU (Reuters) - The Indian economy is likely to remain the fastest-growing major one in coming years, but a majority of independent economists and policy experts polled by Reuters are not confident it will make any difference in narrowing stark economic inequality.
By mathias delight17 days ago in Trader
Hamster Kombat: The New Crypto Revolution. AI-Generated.
In the rapidly evolving world of cryptocurrency, new projects are constantly emerging, each promising to revolutionize the market with unique features and innovative concepts. Among these, Hamster Kombat has garnered significant attention. This review aims to provide a detailed analysis of Hamster Kombat, exploring its core features, potential impact on the crypto ecosystem, and what sets it apart from other digital currencies.
By Methodical thinker 18 days ago in Trader
Wall Street Sharks or Main Street Mainstays: Demystifying Investment Banking vs. Commercial Banking
In the domain of finance, there are numerous choices of occupations and two of the most common areas are investment banking and commercial banking. They are related as they both involve finance though the details of the two can be dramatically different. Financial enthusiasts, this post will not only outline the differences between investment and commercial banking but also assist young bankers in choosing the appropriate field.
By Fizza Jatniwala18 days ago in Trader
What Unique Features Should I Look for in a Hotel for Sale in Dubai?
1. Prime Location Dubai's landscape is ever-changing, and location plays a pivotal role in the success of a hotel investment. Look for properties situated in key areas like Downtown Dubai, Jumeirah Beach, or The Palm Jumeirah, which attract high footfall and offer proximity to major attractions.
By Black Infotech18 days ago in Trader
How to Increase Your E-commerce Sales with Proven Techniques. AI-Generated.
In the fast-paced world of e-commerce, driving sales and increasing revenue are top priorities for online store owners. With the digital landscape constantly evolving, it's crucial to stay ahead of the competition by implementing proven techniques that attract more traffic and convert visitors into loyal customers.
By Sherif Saad20 days ago in Trader
Beyond the Trend: Exploring SBI Contra Fund's Strategy
Introduction to Contra Funds When it comes to mutual funds, most investors are familiar with categories like equity, debt, and balanced funds. However, one intriguing category that often piques the interest of seasoned investors is the 'contra fund.' Contra funds follow a contrarian investment strategy, which involves betting against prevailing market trends. The idea is to invest in undervalued stocks that are currently out of favour but have strong fundamentals, with the expectation that these stocks will eventually appreciate as the market corrects itself.
By Parth Sharma20 days ago in Trader