Author: Admin

Plumes of smoke rise following reported explosions in Tehran on March 1, 2026, after Iran’s supreme leader, Ayatollah Ali Khamenei, was killed a day earlier in a large U.S. and Israeli attack, prompting a new wave of retaliatory missile strikes from Iran. Mowj | Afp | Getty ImagesLONDON — European stocks opened the new trading week firmly in negative territory as global markets dropped after the U.S. and Israel launched widespread attacks on Iran at the weekend.The pan-European Stoxx 600 was down 1.8% shortly after 8:30 a.m. in London (3:00 a.m. ET), with all major bourses and sectors except for…

Spanish manufacturing stabilises in February but demand stays weak, PMI shows

Key findings:Business expectations reach highest since February 2022Comment:Commenting on the PMI data, Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: “It finally looks like things are turning around for Germany’s manufacturing sector. For the first time in over three-and-a-half years, the headline PMI has climbed back above 50. That’s thanks to faster growth in output, a solid jump in new orders – helped a bit by stronger export demand – and longer delivery times, which usually signal rising demand. Most of the gains came from makers of intermediate and capital goods. For a sector that hasn’t had…

Cotton futures posted 25 point gains across the nearby contracts on Friday, with May down 2 points on the week. December was up 40 points this week. Crude oil futures were up $2.08 per barrel on the day at $67.29. The US dollar index was down $0.125 at $97.615.Commitment of Traders data from Friday afternoon showed a total of 14,140 contracts trimmed from the spec fund net short position as of Tuesday, taking it to 65,368 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Export Sales data from Thursday…

It is likely to be a busy and volatile week of trading, given rising geopolitical uncertainty, the Treasury’s unrelenting need to raise cash to finance the deficit, and a slew of economic data. Add in, for good measure, Broadcom (NASDAQ:) reporting results, which follow Nvidia’s (NASDAQ:) results last week. The only thing that seems certain is the level of uncertainty. Volatility was already elevated heading into Monday, and at least at the outset, it is likely to be even higher, with oil CFD markets showing the commodity up around 9% to roughly $73. Whether volatility remains elevated after the initial…

Hans Rempel examines how EU Chat Control and global policy trends are redefining online privacy and driving a shift toward decentralized communication architecture.By Hans Rempel, CEO of Diode.     Discover top fintech news and events! Subscribe to FinTech Weekly’s newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more   Across the world, governments are converging on a new theory of online safety: to make the internet safer, private communication must become inspectable.What’s changing now is not just how privacy is violated, but how it is defined in law and code. The EU’s Chat Control proposal is…

The dollar strengthened versus all its major peers as rising oil prices spurred swaps traders to dial back bets on Federal Reserve interest-rate cuts this year

Key eventsShow key events onlyPlease turn on JavaScript to use this featurePound stumbles as dollar soarsThe US dollar is strengthening this morning as investors seek out the safety of the US dollar.The dollar, which traditionally does well in times of crisis, has strengthened by 0.8% this morning.The pound is down 1%, or 1.3 cents, at $1.3346.But in the long run, the Iran attacks could spur the slow decline of the dollar’s global dominance…ShareEuropean gas prices surgeEuropean natural gas prices have surged today, as the US-Israel war on Iran sparks fears of a major disruption to global energy supplies.Benchmark futures climbed…

Zscaler (NASDAQ:ZS – Free Report) had its target price trimmed by Royal Bank Of Canada from $250.00 to $205.00 in a report published on Friday morning,Benzinga reports. They currently have an outperform rating on the stock. A number of other brokerages also recently weighed in on ZS. Piper Sandler decreased their price target on Zscaler from $260.00 to $185.00 and set a “neutral” rating for the company in a report on Friday. Cantor Fitzgerald lowered their target price on Zscaler from $365.00 to $300.00 and set an “overweight” rating for the company in a report on Tuesday, February 24th. Robert…

MSCI Inc. (NYSE:MSCI) is one of the stocks Jim Cramer put under the microscope. Toward the end of the lightning round, a caller inquired about the difference between MSCI and SPGI. In response, Cramer said: … Well, one is Standard & Poor’s, whereas the other is for the, it’s the old Morgan Stanley index, the international, and the one, MSCI is the one I prefer. That’s Henry Fernandez. I admit he’s a friend of mine, but I can tell you he’s a great businessman. The stock was down, some sort of AI fears that were dead wrong. Stock market reports…