|
The dollar experienced fragility amidst concerns that President Trump might dismiss Federal Reserve Chair Jerome Powell, impacting U.S. market confidence. Trump denied immediate plans but kept the option open, criticizing Powell's interest rate policies. Investors fear undermining the Fed's independence, potentially weakening the dollar.
Category:
News and Media
Oil prices experienced a rebound following earlier losses, fueled by robust economic data from major oil-consuming nations and indications of reduced trade tensions. U.S. crude inventories saw a significant drop, signaling increased refinery activity and demand. Despite concerns over tariffs and slower growth in China, positive developments in trade negotiations between the U.S.
Category:
News and Media
Transrail Lighting's stock has surged following strong Q1 results, driven by double-digit revenue and profit growth. The EPC company, specializing in power transmission and distribution, benefits from a robust order book and capacity expansion.
Category:
News and Media
All news |
||||||||||||||||||
|