These are the top 3 risks to the US stock market rally, according to Deutsche Bank
Markets dealt with several scares already in 2024, with data earlier in the year sparking sharp declines as investors feared the economy was slowing.
Turkey Economy Slides Into Recession Ahead of Rates Decision
(Bloomberg) -- Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe $1.3 trillion economy shrank by 0.2% quarter-on-quarter, the second consecutive decl
Indonesian Stocks Enter Correction on Slowing Economic Growth
(Bloomberg) -- Indonesia’s benchmark stock index fell 10% from its year’s high, entering a technical correction brought on by slowing economic growth and regional uncertainties after Donald Trump’s win in the US election. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe Jakarta Composite Index closed 1.2% to its lowest since Aug. 5, with PT Bank M
French Inflation Up Less Than Expected on Weaker Economy
(Bloomberg) -- French inflation quickened less than expected as confidence wanes, remaining well below the European Central Bank’s 2% target and supporting the case for interest rates to be lowered further.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasConsumer prices in the euro zone’s second-largest economy rose 1.7% from a year ago in November, s
Is the stock market open or closed on Black Friday? See hours, full 2024 holiday schedule
Here's what you need to know about whether U.S. stock markets will be open or closed on Black Friday this year.
Crypto Industry Leaders Claim U.S. Government Behind ‘Operation Chokepoint 2.0’ Effort To Cut Banking Ties With Blockchain Firms
More than 30 tech and cryptocurrency founders in the U.S. have claimed they were denied banking services in what is being described as “Operation Chokepoint 2.0.”
Bitwise Seeks SEC Approval To Launch $1.4 Billion Crypto Index Fund as ETF on NYSE Arca
On Nov. 27, 2024, Bitwise Asset Management filed with the SEC for an exchange-traded fund (ETF) based on its 10 Crypto Index Fund, which has been running since 2017.
Bitcoin Futures Open Interest Jumps 56% to $60.9B Following Trump’s Election, While Ethereum Sees Strong Performance With 5% Daily Surge
Bitcoin futures open interest (OI) has risen significantly, jumping from $39 billion on Nov. 5 to $60.9 billion following Donald Trump’s presidential election victory.
World markets head for reality check after month of Trump
November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory. Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged.
JLR, Dow, and Adient partner on seats made with recycled foam
JLR is integrating the material into production and plans to test it in pre-production vehicles by early 2025.