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Browsing: Business
– US markets are heading into one of the busiest weeks of the earnings season, with three of the biggest names in the Magnificent 7 set to report quarterly results. Alphabet, Microsoft and Amazon will release figures as investors look
– On Wednesday, October 21, oil prices advanced with Brent crude futures increasing by $1.21 to reach $110 per barrel, according to Reuters. Simultaneously, US West Texas Intermediate crude also saw gains of more than $1, pushing the price to
– On Tuesday, October 13, the US dollar experienced a retreat from an 18-month summit, influenced by decreasing oil prices and a reassessment of the rally driven by artificial intelligence advancements. The U.S. Dollar Index, which tracks the greenback’s performance
– The U.S. stock bull market transitioned into its fifth year Monday following four years of consecutive gains, with the S&P 500 having increased roughly 119% from its bear-market closing low on October 12, 2022, according to Truist analysis. The
Global stock markets experienced a strong upward push late in the week, rebounding from recent declines as the pace of rising borrowing costs temporarily slowed down. Market indicators reveal that US and European equities closed higher as bond yields declined,
– Gold prices moved higher on Monday as investors analyzed weak U.S. employment figures against a stronger dollar. The spot gold price increased by 0.6% to $4,165.49 an ounce by 0901 GMT, while U.S. gold futures for December delivery rose
The foreign exchange markets experienced notable upward momentum as the US dollar reached 17-month highs, climbing to a 102.08 index value and marking its third consecutive weekly increase. According to international market reports issued by the Emirates News Agency, the dollar’s
– Next week, the U.S. Treasury Department is set to conduct three separate auctions, offering a total of $119 billion in notes and bonds as part of its regular financing activities. The series begins on October 6 with a $58
– In the second quarter of 2026, the U.S. economy expanded at an annual rate of 2.2%, according to the latest figures. The U.S. Bureau of Economic Analysis increased its previous estimate from 1.5%, reflecting revisions that encompass economic activity
– U.S. consumer confidence experienced a sharp downturn in September, falling to its lowest level since April 2014, according to the Conference Board, which reported that its Consumer Confidence Index decreased by 6.7 points to 81.9. The previous August figure
