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MICHAEL HEWSON
SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...- Global Markets: European shares edge higher as auto, chemical stocks riseEuropean shares neared an all-time high, boosted by strong auto and chemical stocks, despite ongoing Middle East tensions. Investors are ca...
- European shares log weekly losses on Iran war-linked inflation woesdropEuropean markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming fro...
- Warren Buffett saw the Trump Slump coming, and Berkshire Hathaway is built to withstand it; here's how the 94-year-old market legend planned to handle itWarren Buffett, the 94-year-old investor, anticipated a market crash that happened as US president Donald Trump's presidency started. He sh...
- Dollar gains after U.S. retail sales fall less than expectedThe better than expected reading lifted the dollar, even though a weak reading on producer prices, along with Tuesday's consumer price inde...
- UK inflation jumps to 10.4%, surprising analystsThe central bank will weigh the need to control inflation against concerns about the fallout from global banking troubles when it decides w...
- European stocks resume falls on Omicron warningIn initial trade, London's benchmark FTSE 100 index reversed 0.9 percent to 7,047.14 points.
- FTSE 100 ends worst session in nearly two-months; cigarette makers, oil stocks weighSterling hit its highest in more than six weeks against the dollar, further weighing on the FTSE 100, many of whose constituents earn most ...
- Gold slips as firmer dollar, recovery hopes dent appealSpot gold was down 0.4% at $1,725.26 per ounce by 0829 GMT. U.S. gold futures slipped 0.6% to $1,722.
- Gold hits one-week high on muted dollar, US stimulus hopesSpot gold rose 0.9% to $1,830.40 per ounce by 1038 GMT, having earlier hit $1,832.20, its highest since Nov. 24.
- Gold steadies in tight range ahead of ECB decisionSpot gold was little changed at $1,946.22 per ounce by 0920 GMT, after hitting its highest since Sept. 3 at $1,950.51 on Wednesday.
- Gold heads for biggest monthly gain since Jan 2012 on rush to safetySpot gold was up 0.8% at $1,975.30 an ounce by 0927 GMT, while U.S. gold futures rose 1.5% to $1,970.70.
- Gold prices slump 2% as recovery hopes bolster risk appetiteUS gold futures fell 2.2 per cent to $1,696.40.
- PM Narendra Modi seeks make in India in defence sector"Thank you my friend Mike Bloomberg for one more insightful interaction on policy and global issues," the Prime Minister said in a tweet af...
- Oil prices on track for worst first-half show since 1997Crude oil is hovering below $45 and on track for its worst performance for the first-half of a year since 1997.
- Oil prices will depend more on dollar strength than production cut prospects: Michael Hewson, CMC MarketsIn a chat with ET Now, Michael Hewson, CMC Markets, says the link between oil prices and equity prices will eventually break and equity val...
- Expect rupee to remain stable, markets to remain choppy: Michael Hewson, CMC MarketsRupee is going to weaken further. It might go back to the levels that we saw at the beginning of this year, says Michael Hewson.
- Euro rises against US dollarThe 16-nation euro is up on the US dollar following Ireland's application for a massive EU loan to bail out its banking sector.
- Euro climbs above 1.32 dollars, yen scores 2010 peakThe European single currency topped 1.32 dollars on Tuesday and the yen hit a new 2010 peak amid stubborn concerns over the US economic out...
- Euro slides below $1.32 amid spreading debt fearsThe euro slid against the dollar in morning European trading but managed to recovery slightly even as fears that the Greek financial crisis...
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