The conflicting signals regarding the US-Iran peace negotiations continue to fuel volatility in the financial markets. Earlier on Tuesday, the US stock market dropped to levels recorded 7 months ago while oil prices remained in the triple-digit zone. While the inflation concerns are weighing on precious metals, the bullish long-term outlook is offering support to
The South African rand has pulled back in the past two months as the ongoing US-Iran war disrupted the country’s economic growth. The USD/ZAR pair soared to 17.06, as the JSE All Share Index and gold prices slumped. South African rand and JSE All Share Index slumps The USD/ZAR exchange rate has rebounded because of
The FTSE Index has rebounded by over 5% from its lowest level this month, outperforming other top indices like the S&P 500 and Nasdaq 100. This article explores some of the top catalysts that will impact the blue-chip Footsie Index this year. FTSE 100 Index to react to key indices in April A key catalyst
The German DAX Index has slumped into a correction after falling by over 10% from its highest point this year amid the ongoing Iran war that has pushed energy prices higher in the past five weeks. It was trading at €22,730, up modestly from the year-to-date low of €21,875. This article looks at some of
The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in the United States. SCHD ETF main limitation is its low dividend yield This growth has been driven by the ongoing rotation from growth to value, and the fact that it has a
The Nifty 50 Index has crashed into a correction this year as foreign and local investors continued selling and as energy prices soared. The index, which tracks the biggest Indian companies, dropped to INR 22,820, down by over 13% from its highest point this year. Nifty 50 Index drops as foreign investors sell and energy
The Nikkei 225 Index dropped to a crucial support level on Monday as energy prices soared, with the US-Iran war taking a new twist during the weekend. It retreated to a low of ¥50,557, down by over 13% from its highest point this year. Japan stocks drop as US-Iran war takes new turn The Nikkei
The International Consolidated Airlines Group (IAG) share price has slumped in the past few weeks since the US-Iran war started in February as concerns about soaring fuel costs rose. IAG stock dropped to $349 on Monday, down by 25% from its highest point this year, lagging behind the FTSE 100 Index, which has dropped by
The Rolls-Royce share price has dropped and moved into a correction this month as the US-Iran war has escalated. It tumbled to a low of 1,108p, down by over 22% from the year-to-date high. This retreat may continue, potentially to 1,000p as the war impacts its civil aviation business. Rolls-Royce share price has slumped amid
The Dow Jones Index has moved into a correction after falling by over 10% from its highest point this year and is now hovering at its lowest level since September last year. Salesforce is the worst-performing Dow Jones Index stock this year Salesforce stock price has crashed by 32% this year, making it one of