by Jennifer George | October 28, 2024 | Banking, Investment Banking, Markets, News, Stocks & Bonds
J.P. Morgan’s 2025 Long-Term Capital Market Assumptions delivers timely insights on recent market complexities. The 29th edition of the historic report reveals the dawn of a “new economic era” that is set to deliver higher growth, strong capital investment...
by Jennifer George | October 28, 2024 | Commodities, Markets, News
On Monday, oil prices shrugged more than 4% as a result of Israeli strikes on Iran during the weekend. Futures for global crude benchmark Brent slid 4.34% to $72.75 a barrel, while U.S. West Texas Intermediate futures dropped 4.54% to $68.52 per barrel. Israel...
by Jibran Munaf | October 25, 2024 | Stocks & Bonds
UBS is advising investors in the Gulf Cooperation Council (GCC) to invest in high-grade bonds and diversify their portfolios internationally to safeguard their wealth against regional geopolitical risks. Michael Bollinger, UBS’s Chief Investment Officer for Global...
by Jibran Munaf | October 25, 2024 | Markets
Tesla (TSLA) powered the Nasdaq higher on Thursday with a surprising surge in its stock price, helping the tech-heavy index lead a mixed day in the markets. The company’s solid quarterly earnings report and optimistic sales forecast ignited investor confidence,...
by Jibran Munaf | October 24, 2024 | Commodities, Energy
Oil prices bounced back as traders weighed rising tensions in the Middle East and the outlook for global supply balances as 2025 approaches. Brent and WTI Prices Surge Brent crude climbed toward $76 a barrel, while West Texas Intermediate (WTI) traded close to $72....
by Jibran Munaf | October 24, 2024 | Markets
Stocks fell sharply on Wednesday, with the tech sector leading the decline as investors grew uncertain about the Federal Reserve’s rate-cut timeline amid a flurry of earnings reports. Major companies like Boeing (BA) and Tesla (TSLA) were at the forefront of the...