Reddit joins the S&P 500, shares surge 12%. From a niche forum to the heart of Wall Street
Key takeaways Reddit will be added to the S&P 500 on August 18, and its shares rose more than 12%...
Key takeaways Reddit will be added to the S&P 500 on August 18, and its shares rose more than 12%...
Eurozone Employment Inches Up as Expected The number of employed persons in the Euro Area grew by 0.1% from the...
DXY retreats further from a two-week low as signs of cooling inflation temper Fed hike bets. Geopolitical risks and inflation...
TD Securities’ Gennadiy Goldberg and Molly Brooks analyze the Federal Reserve’s decision to halt Reserve Management Purchases (RMP) after tapering...
MUFG’s Lee Hardman reports the British Pound (GBP) is the best performing major currency in August, with GBP/USD back above 1.3500. The...
OCBC’s Sim Moh Siong and Christopher Wong note that softer United States (US) Producer Price Index (PPI) and lower US...
Wheat prices climbed more than 2% to above $6.60 a bushel on Friday, bringing weekly gains to over 4%, the...
Brent crude rose above $88 a barrel on Friday, gaining more than 5% this week as the US increased economic...
Commerzbank’s Volkmar Baur notes that Japanese government support for an imminent Bank of Japan rate hike has reinforced market expectations...
Societe Generale notes India’s headline CPI rose slightly to 4.45% year-on-year in July, backing the RBI’s decision to keep policy...