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06.08.2024 11:27
Turnaround Tuesday Can Prove Lucrative But Not Always Lasting It’s a clichГ© but the phenomenon known as Turnaround Tuesday — when markets rebound from a selloff at the start of the week — is an opportunity that shows up time and again. The bad news is such recoveries don’t guarantee a bottom has been reached.

06.08.2024 11:29
Worst Is Over For This Storm, Rabobank’s Foley Says Rabobank FX Strategy Head Jane Foley says there has been evidence of “bargain hunting” coming through during Tuesday’s Asian session and “there’s a very good chance that that will be extended.” Speaking on Bloomberg Television, Foley adds she believes “the worst is over for this storm right now.”

06.08.2024 11:50
06.08.2024 12:30
06.08.2024 12:49
People Overplaying US Economy Concerns: HSBC’s Kettner HSBC Chief Multi-Asset Strategist Max Kettner says the selloffs are not over yet, but there is going to be a buying opportunity “pretty soon.” Asked on Bloomberg Television whether he believes some people are overplaying concerns about weakness in the US economy, Kettner says this is “absolutely” the case.

06.08.2024 14:00
Southern Sardinia Beckons Visitors As travelers discover the Mediterranean charms of this island region, with its idyllic beaches and buzzing capital, locals are hoping to avoid the crowds suffocating so many other Italian destinations.

06.08.2024 14:39
Fitch Downgrades Dangote Industries After Soft Sale Proceeds Fitch Ratings downgraded its assessment of Dangote Industries Ltd.’s creditworthiness, citing factors including a “significant deterioration in the group’s liquidity position following lower-than-expected disposal proceeds,” and placed its ratings on a negative watch.