Trading

Image for European shares log third week of declines on China, tariff jitters

Trading

European Shares Log Third Week of Declines on China, Tariff Jitters

Image for Dollar on track for weekly gain after Trump election win

Trading

Dollar on Track for Weekly Gain After Trump Election Win

Image for Oil prices fall as Hurricane Rafael expected to start weakening

Trading

Oil Prices Fall as Hurricane Rafael Expected to Start Weakening

Image for Stocks hit record for second day, yields dip after Fed cut

Trading

Stocks Hit Record for Second Day, Yields Dip After Fed Cut

Image for Italy minister open to reviewing tax hike on cryptocurrencies

Italy Minister Open to Reviewing Tax Hike on Cryptocurrencies

Date: November 8, 2024

ROME (Reuters) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on cryptocurrency capital gains, after pressure from some lawmakers in his own party to drop the plan. “I am willing to consider different forms of taxation for people who keep investments in their portfolio,” Minister Giancarlo...

Image for How Halving Cycles Impact Bitcoin Price: What to Expect in the Next Halving

How Halving Cycles Impact Bitcoin Price: What to Expect in the Next Halving

Date: November 7, 2024

Halving events have had a significant impact on Bitcoin price over the last decade. The most recent cycle occurred just months ago, and some historical developments could lead experienced and beginner investors to consider pristine methods of preparation. As the next halving event approaches, there are several things to examine and expect before deciding to...

Image for AngloGold Ashanti Q3 earnings rebound on higher gold price

AngloGold Ashanti Q3 Earnings Rebound on Higher Gold Price

Date: November 7, 2024

(Reuters) – AngloGold Ashanti rebounded to a third-quarter profit on higher gold prices, after suffering a loss in the corresponding period due to restructuring costs and other one-off factors, the miner said on Thursday. The gold miner reported headline earnings of $236 million in the quarter to Sept. 30, compared to a headline loss of...

Image for Dollar gives up a bit of post-election surge; central bank decisions awaited

Dollar Gives up a Bit of Post-Election Surge; Central Bank Decisions Awaited

Date: November 7, 2024

By Brigid Riley TOKYO (Reuters) -The dollar edged lower on Thursday after hitting a four-month high following Republican Donald Trump’s win in the U.S. presidential election, while investors awaited policy decisions from the Federal Reserve and other central banks. The Fed is expected to cut interest rates by 25 basis points later in the day,...

Image for Arm forecasts results in line with expectations and shares drop

Arm Forecasts Results in Line With Expectations and Shares Drop

Date: November 7, 2024

By Max A. Cherney, Deborah Mary Sophia SAN FRANCISCO (Reuters) –Chip designer Arm Holdings on Wednesday forecast revenue in line with Wall Street targets, sparking a 4.5% drop in shares that some analysts attributed to dashed hopes for stronger, AI-fueled growth. Bets that Arm, which licenses its designs, will benefit from a surge in AI...

Image for For Europe’s markets, Trump’s return spells euro pain but bond gains

For Europe’s Markets, Trump’s Return Spells Euro Pain but Bond Gains

Date: November 7, 2024

By Yoruk Bahceli and Lucy Raitano LONDON (Reuters) -Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs. European bonds emerged as winners, as expectations the European Central Bank will cut interest rates to counter...