Economic events
European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
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CNBC’s Inside India newsletter: The tax with potential side effects
NEW DELHI, INDIA – JULY 23: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre on July 23, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which […]
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Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. “Emerging markets are too important to ignore,” says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. “Emerging markets have a multi-decade story […]
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Asia-Pacific markets set for higher open, tracking Wall Street gains
A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets are set to open higher on Tuesday, tracking gains on Wall Street. Futures for Australia’s S&P/ASX 200 stood at 7,956, slightly higher than the index’s last close of 7,931.7. […]
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Bank of America strategist says it’s time to get bearish
As stocks pull back from all-time highs, a top Bank of America strategist warned investors to be cautious, citing a series of economic indicators that have historically signaled the end of a rally. Sebastian Raedler, head of European equity strategy at Bank of America, made his case for a bearish outlook, forecasting that the S […]
Read MoreThese stocks will be the winners and losers of rising U.S.-China trade tensions, Wall Street says
Tensions are ratchetting up between U.S. and its major trading partners. In the latest, Bloomberg on Wednesday reported that the Biden administration is considering a wide-sweeping rule to clamp down on companies exporting their critical chipmaking equipment to China. That follows new tariff rates on $18 billion worth of Chinese imports — including electric vehicles, […]
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