Global News

The victory of Donald Trump in last week’s elections send Wall Street soaring, with US 2000 outperforming the broader SPX500

Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher

The pair drops and heads towards its worst month of the year, as Australian inflation showed further moderation and is likely to add pressure to the RBA to follow its peers and start cutting rates

The pair extends this month’s losses, as UK inflation dropped below the 2% target for the first time in over three years, strengthening the case for bolder rate cuts by the central bank

HKG33 is tepid as Chinese authorities announced new fiscal support, but the lack of details and soft inflation report sustain skepticism

Netflix goes into the Q3 earnings from a position of strength and its stock reaching new record highs, but expects revenue growth to slow and challenges lay ahead

The pair extends its losses after the central bank of New Zealand accelerated its easing pace after August’s pivot as inflation cools, the economy contracted and unemployment is rising

Utilities were the best performing sector of the S&P500 in Q3, largely fueled by the AI boom, but the new quarter leads to a pullback

The pair deepens the pullback from the 2024 peak as US NFPs moderate expectations around the Fed’s easing path and BoE governor Bailey offered dovish remarks

The sportswear giant is having a bad year which reflect on the stock and the latest results reaffirmed the downside momentum, but turnaround plans could fuel further rebound

The pair extends its recovery from the 2024 lows as Fed Chair Powell struck a more cautious tone around the pace of easing, while Japan’s new PM does not want further hikes