Morning brief: Asia markets diverge as gold hits records, Dollar slides
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies
Investing
Investing
USD/ZAR forecast as South African rand rally gains steam ahead of Fed, SARB
The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last eleven
Investing
USD/BRL forecast ahead of the Fed and Brazilian central bank decisions
The post USD/BRL forecast ahead of the Fed and Brazilian central bank decisions appeared first on Invezz
Economy
Severe storms cripple European shipping, Maersk operations halted
Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo operations
Economy
Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the
Economy
Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed
Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months
Economy
AI-driven job cuts accelerate globally as UK becomes early warning
“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this is
Economy
US futures rise as Fed decision looms; Tesla and Meta to announce results
US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched slate
Economy
Expert dubs silver ‘meme commodity’ of 2026 after 60% rally; Here’s why
Silver has been in an unusually strong uptrend in recent weeks – rallying more than 60% since the start of this year, effectively
Economy
Seagate shares surge after upbeat Q3 forecast, earnings beat, as AI boom fuels data storage demand
Seagate Technology’s shares surged in premarket trading on Wednesday after the hard drive maker forecast third-quarter revenue and profit above Wall Street expectations.