Oil Falls; China Concerns Weigh

Oil prices were lower in early Asian trade. The market remains concerned about the effects of Trump’s promised tariffs on China’s economic growth, as it may crimp oil demand, ANZ said. Source link

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Cardano Climbs 18% In a Green Day By Investing.com

Investing.com – Cardano was trading at $0.5862 by 18:45 (23:45 GMT) on the Investing.com Index on Sunday, up 18.31% on the day. It was the largest one-day percentage gain since November 10. The move upwards pushed Cardano’s market cap up to $20.6110B, or 0.75% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B. Cardano had traded in a range of $0.4888 to $0.6591 in the

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Santiment Says Retail FOMO About To Hit Cardano, Sees Ethereum-Based Coin Decoupling From Altcoin Pack

Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the notable surprise altcoins taking flight during this crypto-wide pump. Now up over +25% in the

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Bond Market on Risky Path as Traders Regroup From Wild Week

(Bloomberg) — The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began. Most Read from Bloomberg Yet firms like BlackRock Inc., JPMorgan Chase & Co. and TCW Group Inc. have issued a steady drumbeat of warnings that the bumpy ride is likely far from over. Trump’s coming return to the White House has significantly upended the outlook for the US Treasury market,

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Inbound travel to Japan remains high in the off-peak autumn months

Temperatures are cooling in Japan, but interest in visiting shows no signs of abating, as autumn arrivals continue to outpace pre-pandemic levels. The country welcomed 2.93 million foreign visitors in August, followed by another 2.87 million visitors in September — well above the 2.52 million and 2.27 million who arrived during those same months in 2019, according to the Japan National Tourism Organization. Historically, Japan sees a lull of tourists

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Treasury should have told us about £9.5bn overspend by law

Getty Images The OBR said the last government did not provide them with all available information at former chancellor Jeremy Hunt’s last Budget The Treasury should have disclosed a £9.5bn overspend in the public finances in the run-up to the previous government’s Spring Budget “under the law”, the UK’s budget watchdog has said. Richard Hughes, chair of the Office for Budget Responsibility (OBR), told a committee of MPs on Tuesday

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US stock futures rise with inflation, Fed cues in focus By Investing.com

Investing.com– U.S. stock index futures rose in evening deals on Sunday with focus turning to upcoming inflation data and a slew of Federal Reserve speakers for more signals on whether Wall Street will extend its recent rally.  Wall Street was on a tear in the second half of last week after Donald Trump won the 2024 presidential election, clearing out a major point of uncertainty for markets. An interest rate

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2 Top-Scoring Stocks for the Rest of 2024

With the end of 2024 approaching, what could be more natural than to figure out the top stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Smart Score make it easier. This data gathering and sorting tool from TipRanks uses a combination of AI tech and natural language algorithms to gather and comb through the aggregated data

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Earthquake rocks Cuba as residents struggle to recover from recent storms | Earthquakes News

Officials say efforts to assess damage are under way after 6.8-magnitude earthquake hits eastern Cuba. A powerful earthquake has hit eastern Cuba, adding more problems to a country still reeling from a series of recent storms and blackouts. The United States Geological Survey (USGS) reported on Sunday that a magnitude 6.8 earthquake hit about 40km (25 miles) south of the town of Bartolome Maso. No deaths or injuries have been

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