Saturday, April 5, 2025

How long do I have to wait until I’m protected by the vaccine?

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More than 4 million people have died from COVID-19 globally.More than half of U.S. adults are now fully vaccinated.COVID-19 cases remain high in some parts of the world, like India, where few people have been vaccinated. Update on COVID-19 numbers Globally, there have been more than...

MSCI Seeks Feedback On Adani Group Over Hindenburg Report

MSCI
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Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate - controlled by one of the world's richest men Gautam...

Global banks raise forecast to 4% peak for key ECB rate

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Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised...

Oil Sinks Further as China COVID Concerns outweigh Tightening Supply

Oil sinks
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Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories dropped far more than expected and as supply appeared to be tightening. China reported over 20,000 daily new cases...

The Latest Twist in the Life-on-Venus Debate? Volcanoes

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Last fall, researchers said the presence of phosphine in the planet’s atmosphere could indicate life. But a new study says there could be a geological explanation. VENUS IS OFTEN called Earth’s sister planet, a neighboring twin of similar density and size. But the resemblance stops there....

Sensex Sheds Nearly 100 Points, Nifty Hovers At 17,850; IT Shares Weak

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The domestic stock markets have opened on a cautious note in the absence of any positive cues from the global front. The S&P 500 and Nasdaq indexes ended lower on Monday as tech shares weighed on equities in the quarter's final week and stocks...

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

GOLD STEADY
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Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in...

U.K. Unemployment Rose Less Than Feared in December

U.K. unemployment
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The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the...

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Rising Interest Rates
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Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved...

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices creep
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Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s...