by Jibran Munaf | November 2, 2024 | Stocks & Bonds
Trump Media & Technology Group’s stock (DJT) concluded a turbulent week with a 10% drop on Friday, capping a five-day, 20% decline just days before the presidential election. The sharp movements followed a volatile series of trading sessions that saw multiple...
by Jibran Munaf | October 31, 2024 | Markets, Stocks & Bonds
India’s NSE Nifty 50 Index is on track for its worst monthly performance since the onset of the COVID-19 pandemic in March 2020, as foreign investors continue offloading Indian equities. The index has dropped nearly 6% in October, marking its first monthly decline...
by Jibran Munaf | October 31, 2024 | Stocks & Bonds
Trump Media & Technology Group’s stock (DJT) saw a sharp 22% drop on Wednesday, erasing recent double-digit gains following two volatile trading sessions. This comes just days before the highly anticipated election between Republican nominee Donald Trump and...
by Jibran Munaf | October 31, 2024 | Commodities
Gold prices in Dubai soared to new record highs on Thursday, coinciding with the Indian festival of Diwali, as demand for the precious metal surged. At the opening of markets, 22K gold climbed above AED312 per gram, highlighting the metal’s continued upward trend....
by Jibran Munaf | October 31, 2024 | Commodities, Energy
Oil prices rose for the second consecutive session on Thursday as U.S. crude inventories posted a decline, and traders kept a close eye on geopolitical tensions in the Middle East. Brent crude neared $73 per barrel after a 2% gain on Wednesday, while West Texas...
by Jibran Munaf | October 31, 2024 | Currencies, Markets
Asian equities fell on Thursday following a turbulent session for U.S. stocks and bonds, as solid economic data in the United States complicated expectations of an upcoming rate cut from the Federal Reserve. Meanwhile, the Japanese yen strengthened after the Bank of...
