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DAX Expected to Lead European Outperformance in 2025, Analysts Predict

Germany's DAX index is set to drive a period of European market outperformance in 2025, according to analysts at BCA Research. This forecast comes...

Ferrovial Sells Stake in Heathrow for €2 Billion

Ferrovial has completed the sale of a substantial portion of its stake in FGP Topco Ltd., the parent company of Heathrow Airport Holdings Ltd.,...

Indonesia Stocks End Lower; IDX Composite Index Down 0.52%

Indonesia's stock market closed lower on Friday, with the IDX Composite Index falling by 0.52%, driven by losses in the Infrastructure, Agriculture, and Basic...

European Stock Markets Edge Higher Ahead of ECB Decision

European stock markets showed slight gains on Thursday, as investors awaited the European Central Bank's (ECB) final monetary policy decision for 2024. At 03:20...

Nvidia Expands Workforce in China to Focus on AI-Driven Cars

Nvidia has significantly increased its hiring in China, adding approximately 200 new employees this year, with a specific focus on advancing its research capabilities...

Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns

Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...

EUR/USD Price Forecast Update – December 13, 2024

The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for...

GBP/USD Forecast Update – December 13, 2024

The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of the bearish trend throughout the day. The...

CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024

The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...

Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence

Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...

New Hedge Fund Launches Set to Hit 24-Year Low, Preqin Reports

The number of new hedge fund launches is expected to reach a 24-year low by the end of 2024, according to hedge fund research...

European Stocks Fall Amid Disappointing Corporate Reports and Inflation Data Wait

European stocks faced a decline on Wednesday, retreating from multi-week highs as investors reacted to a series of disappointing corporate earnings updates and awaited...

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