Industry DynamicsIconBrandElement

article-thumbnail

2024-08-16 | Industry Dynamics

Weekly Economic Calendar for August 18th to August 24th, 2024

Weekly Economic Calendar for August 18th to August 24th, 2024

Doo Prime Reports Record Trading Volume in July 2024 

2024-08-16 | Industry Dynamics

Russia Silent on Rouble’s Decline Linked to Ukrainian Attack

In Russia, a noticeable silence has emerged regarding any connection between the recent decline of the rouble and the Ukrainian attack on the Kursk region.

article-thumbnail

2024-08-15 | Industry Dynamics

Japanese Margin Trading Shrinks Sharply After Nikkei Rout

Margin trading in Japan’s stock market experienced a significant decline last week as investors were forced to sell off stocks during the Nikkei index’s sharpest drop in nearly four decades.

article-thumbnail

2024-08-14 | Industry Dynamics

South Koreans Flock to U.S. Stocks Amid Domestic Market Discontent   

South Korea’s individual investors are increasingly turning to U.S. stocks, defying last week’s global market turmoil. This trend highlights their preference for international markets over domestic investments, driven by the perceived lack of value in South Korea’s stock market. 

article-thumbnail

2024-08-13 | Industry Dynamics

Gold Fields to Acquire Osisko Mining for USD1.6 Billion

Gold Fields is poised to acquire Osisko Mining for USD 1.6 billion, securing full ownership of the Windfall project in Canada as the South African company aims to bolster its gold supply amid soaring prices. 

article-thumbnail

2024-08-12 | Industry Dynamics

U.K. Home Insurance Soars Amid Record Payouts

The average U.K. home insurance policy has surged by nearly one-fifth to just under GBP 400 (USD 510), marking an all-time high, as insurers raise their prices following a record year of weather-related claims.

article-thumbnail

2024-08-09 | Industry Dynamics

Fed Unlikely to Cut Rates Before September Despite Market Turmoil

A sharp slowdown in the U.S. job market, which has triggered days of global stock market turmoil, has also led to speculation that the Federal Reserve might not wait until its next scheduled meeting in September to cut interest rates.

article-thumbnail

2024-08-09 | Industry Dynamics

Weekly Economic Calendar for August 12th to August 16th, 2024

Weekly Economic Calendar for August 12th to August 16th, 2024

article-thumbnail

2024-08-08 | Industry Dynamics

Tech Shares Drop, Nasdaq Falls Amid Treasury Auction Worries

U.S. stocks closed lower on Wednesday, with the Nasdaq falling 1% due to a decline in technology shares and weak demand in a 10-year Treasury auction, which unsettled investors in a volatile trading session. 

article-thumbnail

2024-08-07 | Industry Dynamics

Top Five Chipmakers Promise Major U.S. Investments

The Biden administration has pledged up to USD 450 million in grants to South Korean semiconductor company SK Hynix for a new facility in Indiana.