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Source: Live Mint TSX ends up 0.3% at 25,971.93 Eclipses Thursday’s record high MEG Energy biggest gainer after takeover bid Investors remain cautious May 16 – Canada’s main stock index hit a record high on Friday, closing firmer for a sixth consecutive week, as worries about a global trade war eased after the U.S.-China tariff…
Source: Live Mint (Bloomberg) — The global trade war is providing a boon for Asian consumer stocks, as investors take shelter in companies that cater to local buyers’ essential needs. Strategists at Goldman Sachs Group Inc. and Morgan Stanley recommended Asian consumer staples in reports released after the April 2 tariff barrage, urging investors to…
Source: Live Mint Euro zone bond yields outperform US treasuries Moves to safe-havens resume as uncertainty persists Eyes on ECB meeting on Thursday LONDON, – Euro zone government bond yields dipped on Wednesday, outperforming U.S. Treasuries as risk aversion across assets pushed investors back towards European safe havens. Germany’s 10-year bond yield was down 4…
Source: Live Mint (Corrects typographical error in headline) LONDON, April 15 (Reuters) – Coffee prices rose on Tuesday as investor focus returned to extremely tight stocks and relief in wider markets after U.S. President Donald Trump’s latest changes in tariff policy. Investors remain concerned that a global trade war could weaken economic growth, but major…
Source: Live Mint NEW YORK (Reuters) -U.S. Treasury yields rose to a two-month high on Friday and 10-year yields were on track for their biggest weekly increase in decades, while the U.S. dollar fell, as a turbulent week drew to a close. U.S. stock indexes rose more than 1%, with bank shares rising following mostly…
Source: Live Mint (Bloomberg) — Main equity benchmarks in Middle East countries including Saudi Arabia sank the most since 2020 on Sunday as investors reacted to the risks of a fresh global trade war and depressed oil prices. Stocks on the kingdom’s main exchange fell as much as 6.1%, while gauges in Qatar and Kuwait…
Source: Live Mint Trump’s comments on the weekend dragged South Korea’s Kospi and Japan’s Nikkei down by 3-4% on Monday, while Germany’s Dax and France’s CAC traded 1% lower at the time of writing. Indian stock markets are likely to feel the pain on Tuesday, said analysts. Options data as of Friday indicates a range…
Source: Live Mint Gold Price Today: International gold prices hit a record high on Thursday, March 27, as investors sought the safe-haven asset in response to the escalating global trade war tensions and tumbling equity markets following US President Donald Trump’s announcement of new auto tariffs. Spot gold climbed 1.2 per cent to $3,057.12 an…
Source: Live Mint March 13 – Canada’s main stock index fell on Thursday to a four-and-a-half-month low as investors grew more risk averse on signs of an escalating global trade war, technology leading broad-based declines among sectors. The Toronto Stock Exchange’s S&P/TSX composite index , ended down 220.11 points, or 0.90%, at 24,203.23, its lowest…
Source: Live Mint March 13 (Reuters) – Australian shares eked out modest gains on Thursday, rebounding from a seven-month low, as investors took advantage of recent weakness to buy the dip after U.S. President Donald Trump’s tariff debacle sent markets substantially lower. The S&P/ASX 200 index rose 0.2% to 7,803.9 points by 2332 GMT, following…
