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The economy is always a hot topic in the news. There's the stock market, investments, companies, and of course, the dollar and euro. The economy affects everyone in some way or another, so it's no surprise that people are always interested in reading about it. One of the most popular topics in the economy category is the stock market. Many people invest their money in stocks, hoping to make a profit. The stock market can be very volatile, however, so it's important to stay up-to-date on all the latest news and events that could affect your investments. Another popular topic is currency exchange rates. The value of the dollar and euro are always fluctuating, so if you're planning on traveling overseas or doing any international business, it's crucial to know what the current rates are. Of course, there are also plenty of other topics to read about when it comes to the economy. Companies are always announcing new products or initiatives, governments are enacting policies that will impact businesses and consumers, and economists are constantly analyzing data and making predictions about where the economy is headed. No matter what your specific interest is, you're sure to find plenty of economy news to keep you informed and entertained.
Spot gold was 0.5 per cent higher at $2,012.34 per ounce, after hitting its highest since May 16, while U.S. gold futures settled 0.5 per cent higher at $2012.4 Gold touched a six-month peak on Monday as a weaker dollar and expectations of a pause in the Fed's monetary tightening helped bullion consolidate above the
On Tuesday, property portal Zoopla released the House Price Index for the month of November, which shows that housing discounts are at a 5-year peak as the UK property adapts to elevated mortgage rates. Zoopla’s data shows that the property sales are being settled at an average of 5.5% below the asking price. The 5.5% […]
The dollar index was last at 103.11, its lowest since August 31 The U.S. dollar dropped to a three-month low against peer currencies on Tuesday after sliding overnight on weaker-than-expected new home sales data, while traders hunkered down on bets that the Fed could start cutting interest rates in the first half of 2024. U.S.
JLEN Environmental Assets Group Ltd (LON: JLEN) maintained the value of its portfolio in the six months to September 2023, but its NAV slipped by 3% following dividend payments. NAV is 119.7p/share and there is net debt of £124.6m. The revolving credit facility is £200m and there is £75m left to draw down – this […]
Antibody discovery and supply company Fusion Antibodies (LON: FAB) is collaborating with the US-based National Cancer Institute in the use of its OptiMAL technology in the discovery of antibodies for specific cancer targets. Fusion Antibodies will not have to commit significant resources to the collaboration. The share price jumped 29% to 4.45p. Interims from Supreme […]
Kodal Minerals shares have sunk since the lithium miner announced the completion of the funding from their Chinese financing partner. The recent sell-off was a classic ‘buy the rumour, sell the fact’ trade and is typical of mining companies securing financing and entering a phase of no news and little development. Kodal Minerals lacks any […]
Equities have increased sharply, with the S&P 500 more than 8 per cent higher in November, on the cusp of a new peak for 2023 Signs the U.S. stock market rally is broadening from the so-called Magnificent Seven of mega-cap growth and technology firms is strengthening investor hopes for a rally through year-end. Equities have
Horizonte Minerals announced multiple changes to its board and senior leadership on Monday as it worked to finance the construction of its Araguaia nickel project. CEO Jeremy Martin, CFO Simon Retter, Non-Executive Interim Chair William Fisher, and Non-Executive Director Owen Bavinton will step down from their roles and the board. The departures come as the […]
The U.S. dollar wobbled near its recent two-month low, eyeing U.S. core PCE prices due this week for hints on the Fed’s next steps The dollar kicked off the last week of November on the back foot while sterling held near a more than two-month high on an easing economic gloom in the U.K., as
The commodity-heavy FTSE 100 slipped on Monday as miners dragged the index lower following further concerning developments in the Chinese property sector. The FTSE 100 was down 0.3% at the time of writing. “Renewed worries about the outlook for the Chinese economy caused tremors across global markets at the start of the new trading week. […]
Pets at Home published its half-year report on Tuesday, revealing that the pet retailer’s H1 consumer revenue 8.6% in the period, smashing their 7% growth target. Pets at Home shares were up 2.57% to trade at 294p at the time of writing. Total revenue increased to £774.2 million during the 28-week period ending 12th October, […]
Brent crude futures were 45 cents higher, or 0.6 per cent, at $80.43 a barrel and U.S. WTI crude futures were trading 43 cents higher, also 0.6 per cent, at $75.28 a barrel, after dropping for three sessions in a row Oil prices increased on Tuesday, snapping a multi-session losing streak ahead of a crucial
Ionic Rare Earths Limited (ASX:IXR) (Company) confirms that the share purchase plan offer (SPP Offer) opens today. Attached is: a copy of the letter (SPP Offer Letter) sent to each holder of fully paid ordinary shares who, as at the record date of 5:00pm (AWST) on Friday 17 November 2023, had a regi...
The state-owned Libya Investment Authority (LIA) has disclosed that it has lodged arbitral proceedings against Belgium, under the bilateral investment treaty…
Two European energy facilities, the German Uniper and the Spanish Endesa, have disclosed in recent days that arbitration tribunals constituted under the Rules…
Diageo shares currently present investors with the opportunity to buy into the alcohol giant at a very attractive valuation, well below the average earning multiple since 2015. Due to slowing activity in Latin America and the Caribbean region, Diageo shares crashed in early November. We argue this drawdown rounds off a period of prolonged selling […]