The recent release of the U.S. Consumer Price Index (CPI) showed that core inflation unexpectedly rose from 3.2% to 3.3% in September, raising concerns about a possible reaction from the Federal Reserve (Fed). Investors fear that this increase could pressure the Fed to adopt a less dovish stance, even if that means hurting the labor market and the broader economy....
Berkshire Hathaway (NYSE: BRKa), the investment firm led by Warren Buffett, has raised 281.8 billion yen ($1.9 billion) through a Samurai bond issue, strengthening its position in the Japanese market. This is the company's largest yen bond issue in five years, with maturities ranging from 3 to 30 years. The most significant tranche was the 3-year tranche,...
McDonald's - NYSE: MCD , has sued major meat companies, including JBS - BVMF: JBSS3,), Tyson Foods - NYSE: TSN, Cargill - (private, not publicly traded) and National Beef - (private, not publicly traded) accusing them of manipulating meat prices since 2015. According to the lawsuit, these companies would have intentionally reduced the supply of cattle to increase...
Gold and oil prices have been affected by the uncertainty surrounding U.S. interest rates, as markets anticipate the Federal Reserve's (Fed) next moves and inflation data. These expectations have generated volatility in both assets, with specific factors impacting their trends.
Gold: Fed and Interest Rate Uncertainty
Gold has seen a decline in Asian markets,...
Key Points:
• Dollar Highs: The U.S. dollar approaches seven-week highs, boosted by a strong jobs report that raises expectations for U.S. interest rates.
• Expectation Adjustment: Traders have trimmed the odds of dramatic rate cuts by the Federal Reserve (Fed), lowering the chance of a November cut to 86%.
• Dollar Index: The dollar index currently stands...
Ubisoft, the famous video game developer responsible for sagas such as Assassin's Creed and Far Cry, is in the midst of a financial crisis that has caused a 50% drop in its shares over the last year. Faced with this situation, Tencent and the Guillemot Brothers, the company's founding family, are considering acquiring full control of the company, according to...
Chinese markets are poised for a major rebound after the Golden Week holiday, buoyed by expectations of further economic stimulus measures from the government. Among the indices expected to lead this recovery is the China A50, which groups the top 50 companies on the Shanghai and Shenzhen stock exchanges. The optimism comes on the back of the announcement of more...
Financial giant BlackRock has received approval from the Spanish government to acquire 20% of Naturgy, consolidating its position as a reference shareholder in the energy company. This stake comes from the purchase of alternative asset manager GIP, which had held that position in the gas company's capital since 2016. The transaction marks a major change in...
Japan's Nikkei 225 index posted a volatile week, closing Friday with a slight decline of 0.08%, adding up to a weekly loss of more than 3%. This decline reflects the uncertainty that dominates among investors, who are assessing the risks associated with both global geopolitical tensions and domestic economic policies. Factors such as rising oil prices, driven by...
Oil prices have seen a notable rise, driven by rising tensions in the Middle East that threaten to disrupt crude flows from one of the world's most productive regions. In recent sessions, Brent crude futures have risen 1.27% to $74.84 per barrel, while West Texas Intermediate (WTI) has also seen increases, trading at $71.09.
The escalation of hostilities between...
OpenAI has closed a $6.6 billion funding round, reaching an impressive valuation of $157 billion. The company, known for its development of ChatGPT, cements its position as one of the world's most valuable private companies.
• Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) are the lead investors in this round, joined by Thrive Capital, Khosla Ventures and...
Dating apps are changing, and now they're looking to foster friendships too! Here are the key points:
- Bumble bets on friendship: In addition to dating, Bumble boosts its BFF platform and has acquired Geneva, an app focused on creating communities, to boost friendship among its users.
- Match Group with new options: Match has launched Yuzu, which allows users...
Investment Strategy
Stanley Druckenmiller, a renowned investor, shared his market insights at Grant's Annual Fall Conference. He revealed that he is shorting U.S. government bonds, representing 15% to 20% of his portfolio. While he is unsure when these bets will materialize, his strategy is based on the perception that inflation could return to levels similar to...
Cumulative performance in 2024: The Ibex 35 has maintained a remarkable performance in 2024, with a cumulative rise of 18.5% in the first nine months of the year, outperforming its historical annual average of 6.6%. This performance has consolidated the Spanish index as the strongest in Europe in this period, with a quarterly rise of 9.4%, outperforming its...
Tesla has been in the spotlight in the U.S. stock market, driven by its remarkable performance in 2024 and its ability to adapt to changing market conditions. Tesla shares have shown recent growth of 2.45%, remaining a key player in the technology sector, even as the market's focus has begun to diversify beyond tech giants. Looking at last year's earnings...
Throughout 2024, the Ibex 35 has surprised investors with a 17% rally since the start of the year, consolidating its position as one of the best performing indices in Europe. This has been driven by key sectors such as banking, telecommunications, tourism and renewable energies. Despite this strong advance, the Spanish stock index is not considered expensive,...
In Asian trading, the price of Bitcoin fell below $64,000, trading at $63,440.2, a decline of 1.2%. This decline was driven by the dollar rally, which negatively affected cryptocurrency markets, as investors await further signals from the Federal Reserve. Notably, the $65,000 level as a key resistance that Bitcoin has been unable to overcome since August.
This...
The Bank of Japan's (BOJ) expansionary monetary policy faces new challenges as the legacy of “Abenomics” clouds the path to an interest rate hike. With reflationary candidate Sanae Takaichi emerging as a key figure in the Liberal Democratic Party leadership race, expectations for tighter monetary policy are compromised. Takaichi openly opposes rate hikes, arguing...
