AUD/USD, ASX 200 forecast ahead of RBA interest rate decision
The AUD/USD exchange rate and the ASX 200 Indices held steady on Monday morning as traders waited for the upcoming Reserve Bank of Australia (RBA) interest rate decision. The ASX…
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SBI shares rise as Q1 profit beats estimates; analysts lift targets
Shares of State Bank of India (SBI) gained more than 2.2% during early trading on Monday after the country’s largest lender reported better-than-expected June quarter earnings. The stock opened at…
European markets open higher: FTSE up 0.2%, DAX flat
European stocks rose modestly on Monday, beginning the week on a positive note as investors continued to evaluate shifting trade conditions.At the time of writing, Germany’s DAX index was up…
Is the expensive Rolls-Royce share price at risk of mean reversion?
Rolls-Royce share price has been in a relentless bull run in the past few years, helped by the robust demand for its services and products in the civil aviation, defense,…
Orsted shares plunge 27% as US wind project sale collapses, $9.4B rights issue announced
Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans to sell a stake in a key US offshore wind…
SoftBank targets AI dominance with $32.7B OpenAI stake and chip purchases
Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure, software, robotics, and AI applications. The Japanese investment…
JPMorgan sees Fed cutting rates 5 times starting in September
JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025. The bank’s economists see as many as four…
Saudi Arabia likely to cut September crude oil exports to China
Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September. This expected decline follows a surge in August, where exports reached…
Denmark’s Orsted seeks $9.4B amid US wind power opposition
Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion) from shareholders. This move aims to strengthen its finances amidst US…
Dow futures soar 100 points today: 5 things to know before Wall Street opens
Dow futures edged up over 100 points early Monday, hinting at a steady start after last week’s tech-driven rally. Traders are bracing for a packed few days of economic reports,…