quoting note1kf8…4tuvAsian Markets Rise After Wall St Rebound, Inflation In View
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#d85cffeb ver:0.61
Asian and European equities rally after Wall Street rebound, with focus on US economic data and inflation outlook. Concerns over right-wing parties in France causing political turmoil in EU. S&P 500 and Nasdaq close at record highs. Tokyo, Taipei, Shanghai, Sydney, Singapore, Mumbai, Bangkok, Seoul, and Wellington markets up. Euro/dollar down, dollar/yen up. Oil prices decline slightly. Dow Jones Industrial Average rises. Asian stocks hesitant, yen approaches 160 per dollar. MSCI's Asia-Pacific index little changed. Nikkei and Taiwan stocks soar, China stocks edge lower. Fed officials urge patience on rate cuts. Traders await US PCE index release. Dollar steady, Aussie rises. Gold prices ease. Australian shares fall sharply. Nikkei 225 rises. Chinese stocks sluggish....
#newstr #AsianMarkets #WallStreetRebound #Inflation #UsInflationData #Yen #JapaneseOfficials #Euro #FranceElections #FedGovernor #EquityMarkets #UsRates #Dollar #ForexMarkets
https://here.news/story/d85cffeb?ver=0.61
quoting note1jdt…pzd9Weak US Consumer Confidence Data Dips Oil Prices Amid Concerns About Demand Outlook
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#80409bb8 ver:0.65
Weak US consumer confidence data weighs on oil prices, raising concerns about demand outlook. High inventory levels and tensions in Ukraine and the Middle East also impact prices. #OilPrices #ConsumerConfidence #DemandOutlook #Ukraine #MiddleEast...
#newstr #OilPrices #UsConsumerConfidence #DemandOutlook #SummerDrivingDemand #UkrainianAttacksOnRussianOilInfrastructure
https://here.news/story/80409bb8?ver=0.65
quoting note15d6…lpyrChina's Defense Against Over-Capacity Allegations in EVs and Lithium Batteries: US and Europe Respond
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#ac1676e0 ver:0.74
China's defense against over-capacity allegations in EVs and lithium batteries is met with responses from the US and Europe. Europe struggles to catch up with China and the US in the battery industry, facing slow EV sales and bureaucratic hurdles. China controls over 80% of the battery market, while the US and Canada offer substantial subsidies. China's Premier Li Qiang rejects accusations of unfair subsidies and over-capacity, emphasizing China's early investment in green technologies. The US and EU raise security concerns and launch investigations into the Chinese EV industry. The clash between Chinese and European carmakers remains uncertain. #EVs #China #Europe #batteries...
#newstr #China #ElectricVehicles #Evs #Us #Europe #Trade #Security #Investigation #Antisubsidy #Competition
https://here.news/story/ac1676e0?ver=0.74
quoting note1lhf…puwxAdvancing AI-Powered Tourism, Investment Opportunities, and Dominance in AI Technology: Dubai, Sharjah, and Abu Dhabi
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#388617f6 ver:0.62
#Dubai is investing heavily in AI technology to transform its tourism industry and become a global leader in AI development by the late 2020s. AI-powered services and attractions enhance the visitor experience, from business licensing systems to checkout-free stores and AI-powered art installations. Meanwhile, #Sharjah Investment Forum explores the role of investments and capital in directing AI systems to support global growth. And #AbuDhabi aims to dominate AI technology, partnering with the US and investing in AI organizations to diversify its economy away from oil. The UAE and the US share a vision in advancing AI and cutting-edge technologies....
#newstr #Dubai #Sharjah #AbuDhabi #AipoweredTourism #InvestmentOpportunities #AiTechnology #UnitedArabEmirates #UnitedStates #ArtificialIntelligence #Biotechnology
https://here.news/story/388617f6?ver=0.62
quoting note15xj…k7chUS Dollar Recovers as Traders Await Key Economic Figures
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#6e48c64f ver:0.85
The US dollar recovers as traders await key economic figures, including the Conference Board confidence report, GDP revisions, and the release of May's PCE data. There is a 70% chance of a rate cut in September. The yen weakens against the dollar due to a slowdown in the US economy and softer core inflation readings. Geopolitical events like the US presidential debate and the French election are set to impact global markets. Stay informed of economic indicators and political developments for successful investing. #USD #economy #traders #PCE #ratecut #yen #inflation #geopolitics #investing...
#newstr #UsDollar #DollarIndex #EconomicFigures #ConsumerSentiment #ConsumerConfidenceIndex #GrossDomesticProduct #PersonalConsumptionExpenditures #Inflation #FedRateCut
https://here.news/story/6e48c64f?ver=0.85
quoting note1k46…h680Chinese AI Stocks Rebound Amid Economic Concerns
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#133aea61 ver:1.41
Chinese AI stocks rebounded despite concerns over economic data, with the CSI AI Index jumping 3.7%. The broader Asian markets were hesitant due to US Federal Reserve comments. Investors are awaiting the release of the US PCE price index. #China #AI #stocks #economy...
#newstr #HongKongStockMarket #UsEconomicData #FederalReserve #China'sTechStocks #MarketMoves #BeijingSupport #RateCut #ConfidenceliftingMeasures #Correction #ForeignInvestors
https://here.news/story/133aea61?ver=1.41
quoting note105l…j2pwRed Lobster Files for Chapter 11 Bankruptcy Amidst Challenging Economic Conditions; Major Restaurant Chains Experience Closures Across the U.S.
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#f0fa85be ver:0.18
Red Lobster, the largest seafood restaurant chain, files for Chapter 11 bankruptcy amidst challenging economic conditions. Over 50 locations closed, but the chain will remain open and continue operations. Red Lobster's struggles reflect the decline in sales for casual dining chains, facing competition from fast-casual and quick-service chains. Major restaurant chains like Cracker Barrel, Applebee's, TGI Fridays, Denny's, and Hooters have also closed locations due to financial challenges. The closure of the iconic Arby's restaurant in Hollywood is attributed to the impact of the pandemic, rising minimum wage, and equipment upgrades. #RestaurantIndustry #Bankruptcy #Closures #EconomicChallenges...
#newstr #RedLobster #Hooters #RestaurantClosures #Bankruptcy #Economy #FoodCosts #LaborCosts
https://here.news/story/f0fa85be?ver=0.18