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RBI easing, earnings surprise could lift pressured Indian stocks
Investing.com -- Indian equities are expected to perform well in the second quarter of 2025, driven by stronger growth data, a more dovish Reserve Bank of India (NSE:BOI), and potential earnings surprises.India’s sluggish growth over the past two quarters has been a key reason for recent stock...Investing.com
Thu, Mar 27
OpenAI close to finalizing $40 billion SoftBank-led funding, Bloomberg News reports
March 26 (Reuters) - OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp 9984.T, Bloomberg News reported on Wednesday.The funding round includes investors such as Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management, the report added.Reuters
Thu, Mar 27
GameStop's crypto pivot boosts shares of one-time retail investor favorite
By Arsheeya Bajwa March 26 (Reuters) - GameStop GME.N shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock.The video game retailer's shares rose 11.6% to $28.36 on Wednesday after GameStop said it would invest in bitc...Reuters
Wed, Mar 26
US STOCKS-Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop
March 26 (Reuters) - Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.
Reuters
Wed, Mar 26
Tesla to launch in Saudi Arabia as Musk and the kingdom mend relations
Rift opened in 2018 during Musk bid to take Tesla privateSaudi Arabia's PIF invested in EV startup Lucid after riftKingdom is Gulf region's largest market Feud started easing after Trump elected By Pesha Magid RIYADH, March 26 (Reuters) - Tesla will start sales in Saudi Arabia next month,...Reuters
Wed, Mar 26
US adds dozens of Chinese entities to export restrictions list, including Inspur units
Listed companies face restrictions on access to US goodsInspur units targeted for working with Chinese militaryOther Chinese companies hit for work on supercomputersBy Karen Freifeld and David ShepardsonWASHINGTON, March 25 (Reuters) - The United States added six subsidiaries of Inspur Group, China&...Reuters
Wed, Mar 26
CORRECTED-US reciprocal tariffs could cut size of UK economy by 1%, OBR says
LONDON, March 26 (Reuters) - U.S. President Donald Trump's threats to impose new reciprocal tariff rates next week on countries around the world could cut the size of the British economy by up to 1%, according to the government's independent fiscal watchdog.The Office for Budget Responsibili...Reuters
Wed, Mar 26
Mali expects rise in gold output in 2025 on reopened Barrick operations
BAMAKO, March 26 (Reuters) - Mali is forecasting a slight recovery in industrial gold output in 2025 on the assumption that mining giant Barrick Gold ABX.TO will resume operations after a months-long standoff with the government, a document seen by Reuters on Wednesday showed.
Reuters
Wed, Mar 26
LIVE MARKETS-U.S. equity underperformance to persist throughout 2025 say JPM
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S. EQUITY UNDERPERFORMANCE TO PERSIST THROUGHOUT 2025 SAY JPM J.P.Morgan see 2025's big equities market shift - out of U.S....Reuters
Wed, Mar 26
UK finance minister restores 9.9 billion pound fiscal buffer
LONDON, March 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday that she had rebuilt a 9.9 billion pound ($12.8 billion) fiscal buffer that was wiped out by weaker economic forecasts and rising borrowing costs since her first full budget last year.The public finances have beenReuters
Wed, Mar 26
UK pound and gilt yields fall on inflation data before spring statement
LONDON, March 26 (Reuters) - British government bond yields and the pound fell on Wednesday after data showed UK inflation slowed more than expected in February, offering some respite for finance minister Rachel Reeves ahead of a high-stakes fiscal statement later in the day.Data showed inflation co...Reuters
Wed, Mar 26
Stocks struggle, dollar drifts as investors mull Trump tariff outlook
LONDON/TOKYO, March 26 (Reuters) - European stocks fell on Wednesday, while the U.S. dollar was slightly higher, as nervy traders awaited clarity on President Donald Trump's trade policy ahead of a new round of tariffs next week.Reuters
Wed, Mar 26
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $69.17 per barrel, up from Tuesday’s close at $69.07. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $72.59 price posted on Tuesday, and trading at $72.81.
Fxstreet
Wed, Mar 26
Trump’s Looming Copper Tariffs: Forget Gold, Buy Copper! COMEX Copper Prices Hit Record High, Up 30% YTD
TradingKey — 2025 is shaping up to be not just a year of record-breaking gold prices but also a banner year for copper. Despite expectations of slowing global growth potentially dampening demand, fears of possible Trump tariffs on copper imports have driven New York copper futures to historic highs.
METALS-London copper drops as spectre of Trump tariffs looms
NEW DELHI, March 26 (Reuters) - Copper prices in London dropped on Wednesday as concerns over looming U.S. tariffs weighed on sentiment, though sharper losses were averted as markets tracked a slight decline in the dollar.The benchmark three-month copper CMCU3 on the London Metals Exchange (LME) was...Reuters
Wed, Mar 26
From Job Markets to Consumer Confidence: The Self-Inflicted Costs of Trump’s Tariff Policies Emerge
TradingKey — While U.S. President Donald Trump has repeatedly blamed the Biden administration for leaving him an economic "mess," recent data suggests that Trump’s own policies may not guarantee better employment or economic outcomes.
TradingKey
Wed, Mar 26
Gold price holds above $3,000 mark; lacks bullish conviction amid positive risk tone
Gold price (XAU/USD) trades comfortably above the $3,000 psychological mark for the second straight day on Wednesday, though it remains below the previous day's swing high. Persistent uncertainty over US President Donald Trump's so-called reciprocal tariff plans for next week continues to...Fxstreet
Wed, Mar 26
UK CPI expected to soften in February, keeping pressure on BoE
The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT.The Pound Sterling (GBP) could experience intense volatility following the UK CPI inflation report, as it is likely to alter theFxstreet
Wed, Mar 26
Morgan Stanley raises China stock index targets for second time this year on earnings optimism
SHANGHAI, March 26 (Reuters) - Wall Street firm Morgan Stanley MS.N raised their index targets for Chinese shares for a second time this year, citing higher earnings growth forecasts and a better outlook for the economy and currency.
Reuters
Wed, Mar 26
Tesla Stock Rebounds Nearly 30% in Five Days as "Musk Faith" Trumps Earnings Uncertainty
TradingKey — Despite Tesla’s European sales plunging over 40% for two consecutive months and its stock price being halved earlier this year, investors continue to place their faith in Elon Musk. Embracing a “buy the dip” mentality, they have driven Tesla shares up approximately 30% over the past...TradingKey
Wed, Mar 26
Australian Dollar loses ground following downbeat Monthly CPI
The Australian Dollar (AUD) edges lower against the US Dollar (USD) after Wednesday’s release of the Monthly Consumer Price Index (CPI), which rose 2.4% year-over-year in February, slightly below January’s 2.5% increase and market expectations of 2.5%.
Fxstreet
Wed, Mar 26