By Michael Brown, Senior Research Strategist at Pepperstone DIGEST – A sell-off across DM fixed income pressured equities yesterday, while the dollar gained ground against most peers. Now, all eyes are starting to turn towards Wednesday’s FOMC decision. WHERE WE STAND – I feel like every market participant needs to…
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Egypt Cements its Aquaculture Research Partnership with WorldFish for Another 25 years
Egypt’s Minister of Agriculture and Land Reclamation, H.E. Alaa Farouk, signed and renewed the agreement to continue hosting WorldFish in Egypt in a landmark move that seals Egypt’s pivotal role on the African continent as a leading producer of aquatic foods and a hub for cutting edge research in sustainable…
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EUR/USD Holds Steady in a Cautious Environment Ahead of a Decisive Week
By Antonio Di Giacomo, Senior Market Analyst at XS.com The EUR/USD pair began the week trading around 1.1650, reflecting investor caution amid key macroeconomic expectations. The US dollar remains under slight selling pressure, driven by recently weaker Treasury yields and a moderate risk appetite that favors European currencies. In this…
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Stephen Ellsworth, Co-founder of Poppi, Joins Dropout Companies as Operating Partner
NEW YORK, NY – Dec 9 – DropOut Companies, a modern consumer products house creating the next wave of perennial food brands, is proud to announce Stephen Ellsworth, co-founder of Poppi, as Operating Partner. In this role, Ellsworth will provide strategic support across DropOut’s growing portfolio, leveraging his expertise in brand building,…
Continue ReadingIFC Invests USD 50 Million in GFCL EV to Launch India’s First Integrated Battery Materials Facility
Mumbai, Dec 06: Gujarat Fluorochemicals Limited (GFL), India’s leading fluorochemicals company, today announced a partnership with the International Finance Corporation (IFC), a member of the World Bank Group (WBG). IFC is investing ~ US$50 million) in GFL’s subsidiary GFCL EV Products Limited (“GFCL EV”) through the subscription of compulsorily convertible…
Continue ReadingNetflix Strengthens Its Dominance with Historic Warner Bros. Discovery Acquisition
By Antonio Di Giacomo, Senior Market Analyst at XS.com The confirmation that Netflix will acquire Warner Bros. Discovery for approximately $82.7 billion marks one of the most disruptive moves in modern entertainment. The deal involves a payment of $27.75 per share, $23.25 in cash, and $4.50 in Netflix stock, surpassing…
Continue ReadingIFC invests in Camposol to boost the agricultural sector in Peru
Lima, Dec 6: The International Finance Corporation (IFC), a member of the World Bank Group, announced its participation in a joint financing package of US$400 million for Camposol, one of Peru’s leading agro-exporters. The goal is to strengthen the country’s sustainable agribusiness, promote the creation of quality formal jobs, and…
Continue ReadingCREDAI Hyderabad Responds to RBI Rate Cut
Hyderabad: Dec 06: Confederation of Real Estate Developers Association of India (CREDAI) Hyderabad welcomes RBI’s 25 basis point rate cut and presents the following leadership quotes to capture the key points and intent as stated by CREDAI Hyderabad executives. The release underlines how the move supports affordable housing, buyer confidence,…
Continue ReadingUS Dollar On Hold Before PCE Data
By Milad Azar, Market Analyst at XTB MENA The US dollar was trading sideways, with the Dollar Index (DXY) hovering near the 99-point level. Traders could remain cautious ahead of the release of the PCE data later today. Consensus points for a 0.2% monthly increase. An equal or softer-than-expected figure…
Continue ReadingRate Cut Offers Relief as Inflation Eases and Growth Outlook Strengthens
By – Mr Ashok Mittal, MD & CEO, BillMart Fintech “The RBI’s 25 bps rate cut is a much-needed relief at a time when inflation is finally moving closer to the 4% comfort zone. The revised 7.3% GDP projection also shows that India’s growth story is intact and moving strong.…
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