BizTrendWire Your quick daily dose of business trends
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Oil prices jumped sharply, the US dollar rebounded, and global markets turned cautious on Monday due to renewed tensions in Iran disrupting shipping through the Strait of Hormuz. Brent crude rose about 6 percent to…
Source: Reuters (via feed) Stocks and bonds rallied at the start of the Asian trading session on Wednesday. The dollar weakened during early trading. This occurred on hopes of a de-escalation in the Iran conflict.…
Source: Reuters (via feed) Swiss miner Glencore is nearing the appointment of Citi as its lead investment bank. The move is part of talks about a potential acquisition by Rio Tinto. If completed, the deal…
Source: Reuters (via feed) U.S. manufacturing activity expanded in January for the first time in a year, driven by a strong rebound in new orders. The uptick signals a potential improvement after a period of…
Source: Reuters (via feed) Global shares rebounded on Wednesday after a sharp selloff.Investors reacted to comments from U.S. President Donald Trump. Trump said a framework for a future deal over Greenland was reached.He also said…
Markets remain highly sensitive to policy signals, with trade rhetoric once again proving capable of triggering sharp moves across equities, currencies, and bonds. (BizTrendWire Insight) Source: Reuters (via feed) Wall Street futures slipped and the…
