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Forex
GBP/USD edges higher as US Dollar eases after PCE and UoM sentiment data
The British Pound (GBP) gains traction against the US Dollar (USD) on Friday, with GBP/USD snapping a two-day losing streak. At the time of writing, the pair is hovering near 1.3393, staging a modest recovery after dropping to its weakest level in about seven weeks on Thursday.
Fxstreet
Fri, Sep 26
Stocks
Macerich climbs after BofA upgrades to 'buy', raises PT
** Shares of real estate investment trust Macerich MAC.N up 5% at $17.60; upgrades rating to "buy" from "neutral" ** BofA raises price objective for the California-based firm to $23 from $19, a 37.2% upside to stock's last close, based on portfolio improvements, stronger financia...Reuters
Fri, Sep 26
Commodities
GLOBAL LNG-Asian spot LNG prices decline on tepid demand, ample inventories
Asian LNG prices expected to remain under pressureEuropean prices keep to tight rangeBy Marwa RashadLONDON, Sept 26 (Reuters) - Asian spot liquefied natural gas prices declined this week on lacklustre demand and are expected to remain under pressure as ample inventories and stronger Chinese gas prod...Reuters
Fri, Sep 26
Other
Soccer-Trump says he would consider relocating World Cup matches
FARMINGDALE, New York, Sept 26 (Reuters) - U.S. President Donald Trump said he would consider relocating 2026 World Cup matches from cities he did not deem safe, months before the United States is set to co-host the quadrennial soccer showcase with Canada and Mexico.Eleven U.S. cities are set to wel...Reuters
Fri, Sep 26
Economic Indicator
Fed's Barkin: Key to continued consumer spending is whether people lose work
WASHINGTON, Sept 26 (Reuters) - U.S. consumer spending will likely hold up unless large numbers of people begin to lose their jobs, Richmond Fed president Thomas Barkin said on Friday."Both lower end and higher end spending are still reasonably healthy," Barkin said in comments at the Peters...Reuters
Fri, Sep 26
Other
Erdogan-Trump talk fuels Christian Orthodox hopes for school reopening in Istanbul
By Daren ButlerISTANBUL, Sept 26 (Reuters) - Turkish President Tayyip Erdogan has signalled he will soon meet with the spiritual leader of 300 million Orthodox Christians globally to discuss the possible reopening of a key theological school near Istanbul that has been shut for more than 50 years.Th...Reuters
Fri, Sep 26
Other
Trump says Gaza deal near, hostages could soon be freed
WASHINGTON, Sept 26 (Reuters) - President Donald Trump said on Friday that he is close to a deal to end the war in Gaza and bring hostages home.Trump made the comments to reporters before departing the White House to attend the Ryder Cup golf tournament in New York.Reuters
Fri, Sep 26
Stocks
Meet the Company Challenging Broadcom's AI Chip Dominance (Hint: It's Not Nvidia)
Key PointsBroadcom is the dominant player in the custom AI chip market with an impressive market share.Yet, a smaller chip designer has been quickly improving its customer base and revenue pipeline in this space.Marvell Technology is trading at an attractive valuation and looks like a better buy tha...The Motley Fool
Fri, Sep 26
Stocks
3 Strong-Buy Dividend Growth Stocks
When it comes to investing, I am a big believer in the power of compounding dividends. I focus less on yield and more on dividend growth when analyzing dividend stocks.As such, in today's video, we are going to look closely at three dividend growth stocks that I believe are a buy, and all pay fast-g...The Motley Fool
Fri, Sep 26
Other
EU's diplomatic arm proposes new rule on intra-EU travel for Russian diplomats
BRUSSELS, Sept 26 (Reuters) - The EU's diplomatic arm EEAS proposed on Friday a notification obligation for Russian diplomats stationed in the bloc for any travel within the EU as an addition to a 19th package of sanctions against Moscow, EU sources said. The notification system would allow memb...Reuters
Fri, Sep 26
Stocks
Global equity funds log weekly inflows as AI optimism, Fed cut bets boost sentiment
Sept 26 (Reuters) - Global equity funds recorded net inflows for the first time in three weeks in the week to September 24, as optimism around artificial intelligence investments and renewed bets on potential U.S. rate cuts lifted investor sentiment.Investors poured a net $28.36 billion into equity ...Reuters
Fri, Sep 26
Stocks
Copper miners slide as Grasberg-driven rally hits red metal demand
** Shares of copper miners fall, tracking red metal prices** Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.7% to $10,190 a metric ton** Copper prices fall as this week's rally — sparked by an accident at Grasberg, the world's second-largest mine — affected demand** U...Reuters
Fri, Sep 26
Stocks
Some Chip Stocks Jump. Globalfoundries Up 8%; Intel Up 4%; Texa Instruments, UMC and AMBQ Up 1%
Some Chip Stocks Jump. Globalfoundries Up 8%; Intel Up 4%; Texa Instruments, UMC and AMBQ Up 1%.Trump Admin May Require U.S. Tech Firms to Match Chip Imports 1:1 With Domestic Production or Face TariffsTiger News
Fri, Sep 26
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