Breaking News: Markets
ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’
With less than 2 weeks remaining until the next European Central Bank meeting, the bloc’s policymakers appear undecided on the future of interest rates. Financial markets are currently pricing in a hold at the April 29-30 meeting, followed by a hike in June, according to LSEG data. The majority of traders expect the ECB’s key […]
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European stocks rise as UK GDP jumps and Iran peace talks remain in focus
A woman walks past mockups of Iranian missiles along Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images LONDON — European stocks followed Asian markets higher on Thursday, as investors assess strong U.K. GDP data and Eurozone inflation data for March. Markets also continue to keep a close eye […]
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Stocks making the biggest moves premarket: PepsiCo, Taiwan Semiconductor, Voyager Technologies, PPG & more
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant posted first-quarter results that beat analyst expectations, sending the stock 1% higher. PepsiCo earned an adjusted $1.61 per share on revenue of $19.44 billion. Analysts polled by LSEG expected a profit of $1.55 per share on revenue […]
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Don’t call time on dollar dominance just yet, say analysts as ‘petroyuan’ call sparks debate
Dieter SPannknebel | Getty Images The U.S. dollar suffered in 2025 as investors embraced the “Sell America” trade, the Federal Reserve cut interest rates, and the greenback was dealt a policy and fiscal credibility shock. The war in Iran has helped shore-up the dollar so far in 2026, but the future of the global reserve […]
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Mark Mobius, ‘Indiana Jones of emerging markets,’ dies at 89
Mark Mobius Anjali Sundara | CNBC Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his LinkedIn page. Known as the “Indiana Jones of emerging markets” for his willingness to unlock new, sometimes hazardous jurisdictions, Mobius relished the challenge. “Volatility,” […]
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PepsiCo earnings beat estimates as Doritos, Lay’s price cuts win back shoppers
Illuminated logo for Pepsi on a soda fountain in Walnut Creek, California, March 4, 2026. Smith Collection | Gado | Archive Photos | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its struggling North American food business reported a return to volume growth. Shares of the company rose slightly in […]
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EasyJet’s stock drops as the Middle East conflict, fuel costs weigh on bookings outlook
EasyJet‘s stock fell on Thursday after the European airline warned the Iran war and higher fuel prices are weighing on customer bookings. The group said it took on roughly £25 million ($34 million) in additional fuel costs in March alone as global oil prices soared, and it expects airline costs to remain tied to volatile […]
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China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic […]
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Daikin shares jump 14% after activist investor Elliott pushes for reforms
Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time. “Elliott’s significant investment in Daikin reflects […]
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Asia markets open higher after hopes of U.S.-Iran deal lift Wall Street benchmarks to new records
Asia markets opened higher after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war. Source
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