Economy

Economy
Economy

Brent crude oil price forecast amid US-Iran escalation fears

Brent crude oil price continued rising last week, even after the US coordinated another release of strategic petroleum reserves by G7 countries. It ended the week at $102.60, its highest level since September 23rd. This rebound may continue as odds that the US and Iran will escalate in October rise. Odds of US and Iran

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Economy

Goldman Sachs explains why it is bullish on Nu Holdings stock

Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.

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Economy

SpaceX stock rises 6% as Musk targets 250kW Nvidia AI system power

SpaceX stock SPCX gained 6% on Friday after CEO Elon Musk said the company could reach a potentially significant milestone in powering Nvidia’s artificial intelligence hardware. Musk said on X, formerly known as Twitter, that he was “cautiously optimistic” that SpaceX could run its version of Nvidia’s VR72 system at close to 250 kilowatts of

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Economy

Crypto price predictions: Dogecoin, Midnight, Worldcoin

The crypto market is doing well today, helped by the relatively weak nonfarm payrolls (NFP) data, which lowered the possibility of the Federal Reserve hiking rates. Bitcoin and most altcoins were in the green, with the market cap of all tokens approaching the $3 trillion mark. This article looks at some top coins, including Dogecoin

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Economy

Goldman Sachs names four ‘must own’ European stocks for 2027

Goldman Sachs has overhauled its flagship European Conviction List – Directors’ Cut this month, spotlighting key investment opportunities across the continent heading into 2027. Marking the list’s three-year anniversary, the Wall Street titan added four high-conviction equities while rotating out former favorites Naturgy, Norsk Hydro, and Smith & Nephew. Highlighting six picks with projected returns

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Economy

How Fed hike odds plunged from 70% to 20% in one week

The Federal Reserve entered this week facing a market that had been pricing a meaningful chance of another interest-rate hike in October. Five trading days later, that bet has almost disappeared. Markets were pricing roughly a 70% probability of a 25-basis-point increase at the Fed’s October 27-28 meeting on Monday, September 28, according to CME

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Economy

US’ low-hire, low-fire labour market: why jobs are scarce but layoffs remain low

The latest US employment data has revived an increasingly familiar description of the US labour market: low hire, low fire. It is an unusual combination. Employers are adding very few workers, but they are also not cutting existing staff at a pace typically associated with such weak hiring. The result is a labour market that

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Economy

Crypto price predictions: Dogecoin, Midnight, Worldcoin

The crypto market is doing well today, helped by the relatively weak nonfarm payrolls (NFP) data, which lowered the possibility of the Federal Reserve hiking rates. Bitcoin and most altcoins were in the green, with the market cap of all tokens approaching the $3 trillion mark. This article looks at some top coins, including Dogecoin

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Economy

Arm stock jumps 5% as Nvidia AI platform role boosts chip demand outlook

Arm Holdings ADR stock surged 5% in trading as the company’s role in Nvidia’s Open Agent Safety Platform continued to attract investor interest. Arm-based processors have been confirmed to handle both artificial intelligence agent execution and safety monitoring functions across Nvidia’s BlueField 4 hardware and related infrastructure. The development highlights the expanding use of Arm’s

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Economy

Evening digest: US jobs cool, gold falls as Treasury yields rise

US employers added far fewer jobs than expected in September, while the unemployment rate rose to 4.2%, strengthening expectations that the Federal Reserve may leave interest rates unchanged in October. Gold prices fell as a stronger dollar and elevated Treasury yields outweighed earlier support from the weaker US jobs report. Oil prices were mixed after

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