Market

Oil prices recover on supply concerns as US sanctions hit Russia's energy sector, pushing Brent and WTI crude futures higher.

Published on: January 20, 2025, 02:01 AM UTC

China's steel industry faces challenges as domestic consumption declines, leading to excess production and consolidation efforts to address profitability issues.

Published on: January 20, 2025, 02:00 AM UTC

Investors await Donald Trump's inauguration and policy announcements, influencing currency markets and Asian stocks. Focus on potential trade tariffs and Bank of Japan's possible rate hike.

Published on: January 20, 2025, 02:00 AM UTC

The dollar hovers near a two-year high as investors await Donald Trump's inauguration speech and the Bank of Japan's potential policy rate hike. Cryptocurrency values surge amidst Trump's support, while the euro and sterling remain near lows due to global uncertainty.

Published on: January 20, 2025, 02:00 AM UTC

Charts offer a convenient method for analysts to assess the relationship between two variables by plotting a sample as scatterplots and carrying out a linear regression analysis. Through this process, a line of best fit is established, and the R-squared value is computed. This value reflects the extent to which the line captures the relationship between the variables. The R-squared value indicates the degree to which changes in one variable predict changes in the other variable. While some analyses yield high R-squared values (e.g., stock prices versus earnings), others may show low values, as we will demonstrate below. Statistical analyses like these are crucial for market analysis because they reveal that intuitive assumptions about the relationship between variables may not always align with actual observations.

Published on: January 20, 2025, 01:01 AM UTC

In the face of heightened uncertainty, LGBTQ+ individuals face specific challenges in job security. Paul Donovan, an economist from UBS Wealth Management, advises building precautionary savings, emphasizing its importance as a buffer against potential discrimination. He highlights the negative economic impact of prejudice, limiting human capital and hindering labor mobility. Despite these challenges, Donovan acknowledges the potential benefits of diverse perspectives and encourages LGBTQ+ individuals to leverage their experiences to enhance their professional contributions.

Published on: January 20, 2025, 01:01 AM UTC

VanEck's defense sector ETF has seen growing demand ahead of Donald Trump's return to the White House. The fund has risen 55% in 2024 and 8% in 2025, with $1.8 billion in assets under management.

Published on: January 20, 2025, 01:01 AM UTC

Asian equities rise as positive Trump-Xi Jinping conversation boosts sentiment. US futures dip slightly, with markets bracing for Trump's second term and China's loan prime rate announcement. Traders prepare for the World Economic Forum and Bank of Japan policy decision.

Published on: January 20, 2025, 01:00 AM UTC

China, heavily reliant on exports, faces a repeat of tensions with Trump's presidency, with a weaker economy and a record trade surplus. As the US prepares to impose tariffs, China considers retaliation and seeks trade diversification. Mexico and other nations implement tariffs to reduce Chinese imports. Beijing prioritizes domestic consumption to offset potential trade war losses.

Published on: January 20, 2025, 01:00 AM UTC

Cyclone Sean strengthens, shuts major iron ore ports in northwest Australia

Published on: January 20, 2025, 12:00 AM UTC