Summary: Central banks face a significant week with crucial interest rate decisions. The Federal Reserve is expected to raise rates and provide insights through the press conference. The European Central Bank will likely indicate ongoing commitment to supporting economic growth. The Bank of Japan is anticipated to maintain its short-term interest rate target. Global markets closely monitor these decisions for potential currency shifts and investor reactions. Central banks wor...

Summary: NVIDIA 's earnings report exceeded analyst expectations, leading to a 13.2% surge in stock price in extended trading. Other chip stocks , including AMD and Intel , also experienced significant gains as a result of NVIDIA 's success. ST Microelectronics , a French chip manufacturer, saw a positive stock price response due to the market's enthusiasm following NVIDIA 's earnings . ...

Summary: China's deflation could lead to cheaper import s globally, potentially benefiting the UK's consumer market. UK inflation may receive some relief from cheaper Chinese import s, but ongoing challenges persist. Sustained deflation in China might hinder UK exporters due to delayed spending and slower market growth. Global trade, consumption, and commodity prices could be significantly affected by a slowdown in China's economic growth. ...

Summary: BRICS , a group of developing countries including Brazil, Russia, India, China , and South Africa, is expanding and gaining influence on the global stage. The organization faces challenges in balancing its economic goals with geopolitical considerations and maintaining relations with Western powers. China 's role in BRICS raises questions about the organization's direction and potential anti-Western stance. BRICS seeks to share global power with other middle powers and redefine the global order. ...

Summary: Watches of Switzerland shares are experiencing a significant decline in the London markets following the news of Rolex 's acquisition of Bucherer . The acquisition marks the latest chapter in the century-old relationship between Rolex and Bucherer . Swiss competition regulators are examining the takeover's potential impact on Bucherer 's global supplier relationships . Watches of Switzerland emphasizes that there will be no disruption to Bucherer 's regular business operations due to the acquisition . Despite the historic...

Summary: The Jackson Hole symposium begins, raising expectations about its impact on markets, interest rates , and the US dollar. Central banks grapple with the challenge of balancing inflation control and fostering economic growth . Fluctuations in the US dollar are not solely tied to the symposium but have multiple influencing factors. The euro's performance is analyzed in relation to recent dollar movements and support levels. Federal Reserve Chairman Jerome Powell's upcoming speech holds key insights for future market trends. ...

Summary: FTSE 100 reaches 10-day highs despite mining company struggles. Mining stocks, including Anglo-American , Rio Tinto , Glencore , and Antepagasta , perform poorly due to concerns about global growth and Chinese economy . Wilco faces business-saving uncertainty leading to potential store closures and job layoffs. Virgin Media 's broadband contracts draw attention, potential for unlimited price rises under scrutiny. Positive news from PureGym as half-year revenue increase s alongside growing membership. Nvidia shares surge as chipmaker...

Summary: Global trend towards cashless society is accelerating. US experiences surge in card payments during pandemic. India's UPI fosters financial inclusion and data-driven services. China's AliPay and WeChat Pay dominate digital payments market. Distinct models of digital payments shape financial landscapes worldwide. ...