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Investing

ASX 200 Index and AUD/USD forecast as Australia inflation spikes

The ASX 200 Index retreated in the last two consecutive days, while the AUD/USD exchange rate rose to the highest level in years after the latest Australian consumer inflation report. The index retreated to A$8,925 from the year-to-date high of A$8,990. On the other hand, the AUD/USD exchange rate jumped to a high of 0.7010,

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Investing

FTSE 100 Index in focus as traders eye Starmer’s China trip, Fed, Lloyds Bank earnings

The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains. It jumped to a high of £10,208 on Tuesday, up by 35% from its April 2025 lows, as focus now shifts to the UK and Chinese relationship and the upcoming Bank of England decision. Keir Starmer’s

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Investing

Here’s why the HSBC share price is in a strong bull run

HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization hitting $300 billion. It has become the sixth biggest bank in the world after JPMorgan, Bank of America, ICBC, Agriculture Bank of China, and China Construction Bank. This article explores whether the stock has more upside

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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 consecutive weeks as the South African rand surge gained steam. It is down by over 20% from its highest level in April last year. USD/ZAR crashes amid the US dollar sell-off  The

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Investing

USD/BRL forecast ahead of the Fed and Brazilian central bank decisions

The Brazilian real continued its strong rally this week, reaching its highest level since May 2024 as the US dollar sell-off gained momentum. The USD/BRL exchange rate has dropped in the last five consecutive weeks and is down by 18% from its highest level since December 2024. Brazilian real surges ahead of the central bank

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Investing

Texas Instruments stock highly bullish pattern points to gains after earnings beat

Texas Instruments stock price continued its strong rally after publishing strong results and forward guidance. The TXN stock jumped to a high of $196, its highest level since September 3. It has soared by nearly 30% from its lowest level in December. Texas Instruments’ business is thriving Texas Instruments, a major player in the semiconductor

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Latest News

Dems’ DHS shutdown threat would hit FEMA, TSA while immigration funding remains intact

The Senate is again on the verge of entering into another government shutdown as Democrats rage over the fatal shooting of Alex Pretti during an immigration enforcement operation in Minnesota. But despite Senate Minority Leader Chuck Schumer, D-N.Y., and Senate Democrats’ demands to sideline the Department of Homeland Security (DHS) funding bill, the agency’s immigration

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Latest News

Illinois Dem Senate candidates split on backing Schumer as leader

Illinois Lt. Gov. Juliana Stratton said she would not support Senate Majority Leader Chuck Schumer, D-N,Y., if elected, drawing a clear contrast with her rivals during a debate Monday among the leading Democratic candidates for the state’s open U.S. Senate seat. Asked directly whether they would support Schumer as Senate leader, the candidates offered varying

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NATO chief warns Europe can’t defend itself without US as tensions rise over Greenland

NATO Secretary-General Mark Rutte warned European leaders that they need the U.S. in order to defend themselves, comments that come as tensions between the U.S. and Europe have escalated amid President Donald Trump’s push to acquire Greenland.  ‘If anyone thinks here again that the European Union, or Europe as a whole, can defend itself without

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Florida GOP Rep Vern Buchanan to retire, adding to wave of House exits

A longtime House Republican who sits on Congress’ powerful tax-writing committee is retiring after 20 years on Capitol Hill. Rep. Vern Buchanan, R-Fla., announced on Tuesday that he will not be seeking re-election, ending a two-decade-long career in Washington at the age of 74. He’s the 28th Republican to join what appears to be a

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