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Fed Dovish Tilt Lifts Equities as Gold Moves to Fresh Record
Markets leaned risk-on after the Fed chair Jerome Powell signaled room for additional easing this year, even as trade friction simmered between the world’s two biggest economies - the US and China. The policy cue was clear enough for futures: S&P ...
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Gold Tops $4,000 as Investors Seek Safety from Macro Uncertainty
Gold broke at a record high above $4,000/oz for the first time, extending a year-to-date rally of more than 55% as investors hedge geopolitical risk, a Washington shutdown now in week two, and renewed trade frictions. Silver joined the surge, up ...

Nikkei Rockets on News of Pro-Business Japan Leader
Japanese equities surged after the ruling Liberal Democratic Party chose Sanae Takaichi as its leader, a result markets treated as bullish for Japan’s business potential. The Nikkei 225 jumped 4.75% on Monday to close above the 47,000 mark for the first ...

Eurozone Inflation Edges Up to 2.2%, Putting ECB on Alert
Eurozone annual inflation rose to 2.2% in September from 2.0% in August, its highest reading since April, while month-on-month prices inched up 0.1%, matching August’s small advance. Core inflation, which strips out food and energy, remains sticky at 2.3% for a ...

Alphabet Joins $3 Trillion Tech Club After Antitrust Boost
Alphabet has surged past the $3 trillion mark in market capitalization, cementing its position among a handful of mega-cap tech giants. The rally was fuelled by a favourable US court ruling that ended a five-year antitrust battle and spared Google from ...

Novo Nordisk Cuts 9,000 Jobs as Obesity Drug Battle Intensifies
Novo Nordisk will cut around 9,000 jobs, or more than 11% of its global workforce, as the Danish drugmaker confronts intensifying competition from Eli Lilly in the multibillion-dollar obesity and diabetes market. The restructuring is expected to generate annualized savings of ...

European Equities Edge Higher on Peace Hopes, Defence Stocks Retreat
European equities extended their gains as optimism over a potential Russia-Ukraine peace deal lifted sentiment, with the Stoxx 600 climbing 0.6% to reach its highest level since early March. The Dax traded near 24,400, though investors stayed cautious ahead of ...

Australia Cuts Rates to 3.6% as Growth Outlook Weakens
Australia’s Reserve Bank has lowered its benchmark lending rate by 25 basis points to 3.6%, the lowest since April 2023, while trimming its 2025 GDP growth forecast to 1.7% from 2.1%. The move follows a sharper-than-expected slowdown in public demand early ...

Honda’s Profit Buckles Under Tariffs and Currency Drag
Honda Motor’s first-quarter operating profit plunged by a staggering 50% year over year to 244.17 billion yen, well below the 323.48 billion yen forecasted by analysts. Despite this setback, revenue reached 5.34 trillion yen, outperforming analyst projections of 5.25 trillion yen. ...

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