Euro zone government bond yields are rising as oil prices remain elevated. This situation threatens inflation outlook and supports tighter European Central Bank policy. Investors are also watching Britain’s gilt market after new Prime Minister Andy Burnham’s appointment. Germany’s 10-year bond yield reached its highest level in eight weeks. The European Central Bank is expected...Read More
Gold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and the Federal Reserve’s rate outlook. Spot gold rose 1.6% to $4,071.59 per ounce, while US gold futures climbed 1.5%. Analysts said bullion is attempting to build a base near the $4,000 level and...Read More
Adani Energy Solutions reported a 124 percent profit increase year-on-year. Revenue from operations also saw a substantial 42 percent rise during the quarter. Transmission and distribution segments drove this impressive financial performance. The smart meter business also demonstrated strong and notable growth. Overall expenses increased due to higher power purchase and construction costs.Read More
JPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, according to sources. The move could help Tokyo fulfil commitments made to President Donald Trump, as Japanese banks face challenges in funding large dollar-based infrastructure projects. Japan has announced over $100 billion worth of...Read More
The US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns over energy supplies supported the greenback, while the yen and euro remained largely steady. The British pound edged higher after UK Prime Minister Andy Burnham reaffirmed his commitment to fiscal discipline, boosting confidence in...Read More
The new exchange will operate separately from the LSE’s main market and will initially offer trading in exchange-traded products (ETPs), including funds that track the UK and U.S. stock markets, according to Reuters.Read More
Goldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base case assumes easing Middle East tensions and prices averaging $80 in Q4.Read More
Ant International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion across merchant payments, financial services and enterprise solutions.Read More
Japanese Prime Minister Sanae Takaichi unveiled her first economic blueprint, promising stronger investment in strategic industries while reaffirming the Bank of Japan’s monetary policy independence. The plan comes as rising bond yields and investor concerns over fiscal spending and political influence on the BOJ keep markets on edge.Read More
Japan’s Nikkei share average advanced on Tuesday after a significant weekly decline. Markets reopened and investors bought bargains following last week’s sharp selloff. The benchmark Nikkei 225 recovered some of its previous losses. Investor attention now turns to upcoming second-quarter earnings from major tech companies. This rebound follows a broader market trend influenced by global...Read More
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