Trump management in Talks too Transfer tiktok ownership to Oracle US President Donald Trump announced on January 25 that his administration is actively negotiating with multiple parties to acquire the Chinese video-sharing app TikTok. Speaking to reporters aboard the presidential plane en route to Florida, Trump revealed, “I’ve talked to a lot of people … Read more
The Dollar’s Decline: Tariff Speculations and Market Reactions The dollar experienced a notable dip in the New York foreign exchange market, driven by growing speculation that the tariffs President Trump has been warning about may not be as extensive as initially feared. This development has sent ripples through global markets, with the dollar index against … Read more
U.S. Senate Approves Pete Hegseth as Secretary of Defense in Historic Vote Table of Contents U.S. Senate Approves Pete Hegseth as Secretary of Defense in Historic Vote Controversies Surrounding Hegseth Key Takeaways from the Vote What’s Next for the pentagon? U.S. Senate Approves Pete hegseth as Secretary of Defense in Historic Vote: An Expert … Read more
dollar Depreciates Amid Tariff Speculations and Global Market Shifts The dollar experienced a notable decline this week, driven by growing speculation that the tariffs warned by President Trump may not be as extensive as initially feared. In late trade, the dollar index against major currencies dropped 0.67% to 107.45, marking it’s steepest weekly decline … Read more
Bank of japan Raises Interest Rates Amid Weaker Dollar and Stronger Yen The Bank of Japan (BOJ) has made a pivotal decision to raise interest rates, marking a significant shift in its monetary policy as the dollar/yen exchange rate continues to trade at a weaker dollar/stronger yen level. As of 3 p.m. on january 24th, … Read more
The U.S.stock market surged to new heights on January 22, 2025, with the S&P 500 reaching a record intraday high, driven by strong performances from key players like Netflix. The streaming giant saw its shares soar, nearing $1,000 apiece in early trading after surpassing quarterly earnings expectations. This rally underscores the resilience of the market … Read more
Dollar Strengthens Against Yen Amid Trump’s tariff Policies and BOJ Uncertainty As of 3:00 PM on January 22nd, the dollar/yen exchange rate hovered in the high 155-yen range, reflecting a continued trend of dollar strength and yen depreciation as the close of the New York market the previous day. This movement comes as U.S. President … Read more
New Car sales in Europe Show Modest Growth in 2024, Hybrid Vehicles Lead the Charge Table of Contents New Car sales in Europe Show Modest Growth in 2024, Hybrid Vehicles Lead the Charge December Sales Surge and Hybrid Dominance manufacturer Performance: Volkswagen and Renault Lead the Pack Key Takeaways from the 2024 European Car Market … Read more
Guggenheim CIO Predicts Fed Rate Cuts and Economic Resilience in 2025 DAVOS, Switzerland — Ann Walsh, chief investment officer (CIO) of U.S. asset management firm Guggenheim Partners, announced on January 20 that the U.S. Federal Reserve has implemented interest rate cuts nearly every quarter in 2025, totaling between 75 and 100 basis points (bp). Speaking … Read more
U.S. Stock Markets Rebound Amid Optimism Over Trump Administration Policies NEW YORK (Reuters) — U.S. stock markets staged a strong rebound as investors expressed widespread optimism about the health of the economy and future interest rate trends.The rally comes as markets prepare for a series of policies expected from the new Trump administration, signaling confidence … Read more