KEY TAKEWAYS
Stock market volatility has surged in recent weeks. Over the last 10 days, the S&P 500's average daily move was 1.02%, the highest since March 2023.
There wasn’t…
The global sell-off on stock markets deepened as US jobless figures hit a three-year high. The unemployment rate rose to 4.3%, up from 4.1% and its highest level since October…
Various host cities have spent money on "necessary" infrastructure for the Olympic Games, costing their countries billions. This summer, Paris is hosting the Summer Games for the third time. The…
The Bank of England cut interest rates by 0.25% to 5% with a narrow 5-4 vote, as inflation met the 2% target. This decision caused the British pound to weaken…
Questions are being asked, such as whether visitors were warned to avoid the city during the Olympics, or whether the skyrocketing accommodation prices and events have discouraged every day tourists.…
The eurozone's GDP grew 0.3% in the second quarter of 2024, exceeding expectations, but Germany's contracted by 0.1%, indicating economic struggles for the bloc’s largest economy.
Economic growth in the…
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This week will bring earnings from Microsoft, Apple, Amazon, and Meta, in what could be the biggest week of this earnings season.
Big moves in their stocks would…
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The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday.
Inflation moderated in the…
Germany's business sentiment worsened more than expected in July, marking the second consecutive monthly decline, bolstering fears that the Eurozone's largest economy is once again under pressure.
Sentiment among German…
KEY TAKEWAYS
The Roundhill Magnificent Seven ETF suffered its largest daily decline on record on Wednesday.
Investors fled America's tech giants after earnings reports from Tesla and Alphabet raised concerns…