China and Middle East tensions push commodities into the spotlight: Morning Brief
A confluence of geopolitical factors has suddenly turned somewhat sleepy commodities into must-watch markets.
A confluence of geopolitical factors has suddenly turned somewhat sleepy commodities into must-watch markets.
The latest investor updates on stocks that are trending on Wednesday.
Oil price spikes as US warns of Iran missile strike
Stocks in the US were lower as traders look to fresh jobs data later in the week.
The British pound is a surprise market winner for 2024, says Heard's Jon Sindreu. Thank high interest rates, political stability and a flow of foreign money looking for bargains. Get the full story: The Surprise Market Winner of 2024The pound was mocked as the “Great British Peso” not long ago.
Despite inflation heading below the ECB's target rate of 2% in September, core inflation — which strips out more volatile measures — still came in at 2.7%.
The Dow and S&P 500 recovered late in Monday's session to cap a strong month and third quarter.
Car companies are in the spotlight this week, with Q3 deliveries from Tesla and profit warnings from Aston Martin.
- The U.S. dollar steadied Monday, as traders awaited a speech by Federal Reserve Chair Jerome Powell later in the session ahead of Friday’s key employment...
Shares in Tokyo fell sharply Monday, on concerns that Japan's next prime minister could adopt policies that wouldn't be very friendly to the economy and markets. The benchmark Nikkei Stock Average fell 4.8% to 37919.55 after Shigeru Ishiba, who has been seen as favoring tighter fiscal and monetary policy, won the ruling party's leadership election on Friday. Analysts said Ishiba's previous comments about potential increases in corporate and financial-income taxes raised concerns over corporate earnings and consumer sentiment.