EM Stocks Set for Worst Week in 2 Years Amid Safe Haven Demand
The Mexican peso is weighing down the index for emerging-market currencies Friday as risk assets take a hit from the latest flare-up in Middle East tensions.
The Mexican peso is weighing down the index for emerging-market currencies Friday as risk assets take a hit from the latest flare-up in Middle East tensions.
Trump Media & Technology Group Corp. says an illegal form of short selling might be behind the battering of its stock and it’s asking regulators at Nasdaq Inc. to step in.
Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden administration.
Gold pared gains as demand for safe-haven assets eased after Iranian media seemed to downplay the effect of Israeli strikes, indicating a lowering of geopolitical risk.
Bank of England Deputy Governor Dave Ramsden signaled he is less concerned about UK inflation than in previous months, a sign he may be willing to support interest rate cuts.
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