NEW: Boeing reports loss of $343 mn on lower plane de ries Please follow and like us: Related posts: As global markets react to a myriad of factors impacting economies and industries, the European market has witnessed a downturn following a series of corporate earnings announcements and the latest policy decision from the Federal Reserve. The U.K. is forecasted to experience the slowest growth among advanced nations, reflecting ongoing economic challenges. In the tech sector, the recent licensing agreement between Taylor Swift’s label (Universal Music Group) and TikTok has resolved a prior dispute. Meanwhile, the o oil industry faces significant pressures due to a combination of climate change, price surges, high interest rates, and robust inflation. Additionally, a fund manager has cautioned that recent price cuts by Tesla could have unintended consequences. These developments underscore the complex and interconnected nature of global markets and the need for strategic insights and analysis to navigate turbulent economic landscapes As global markets react to a myriad of factors impacting economies and industries, the European market has witnessed a downturn following a series of corporate earnings announcements and the latest policy decision from the Federal Reserve. The U.K. is forecasted to experience the slowest growth among advanced nations, reflecting ongoing economic challenges. In the tech sector, the recent licensing agreement between Taylor Swift’s label (Universal Music Group) and TikTok has resolved a prior dispute. Meanwhile, the o oil industry faces significant pressures due to a combination of climate change, price surges, high interest rates, and robust inflation. Additionally, a fund manager has cautioned that recent price cuts by Tesla could have unintended consequences. These developments underscore the complex and interconnected nature of global markets and the need for strategic insights and analysis to navigate turbulent economic landscapes US Economic Event • Baker Hughes Oil Total Rig Count: Actual 605 Previous 613 US Economic Event • Baker Hughes Oil Total Rig Count: Actual 605 Previous 613 RBI Draft Guidelines on Project under implementation Majorly negative for project financiers followed by PSU banks Additional prov. requirement can impact the net-worth by 4%/6%/7% for PFC/REC/IREDA PSU Banks – credit costs to rise by 10-15 bps over FY25-27 RBI Draft Guidelines on Project under implementation Majorly negative for project financiers followed by PSU banks Additional prov. requirement can impact the net-worth by 4%/6%/7% for PFC/REC/IREDA PSU Banks – credit costs to rise by 10-15 bps over FY25-27 UK Economic Event • Construction PMI (Sep): Actual 57.2 Forecast 53.1 Previous 53.6 Financial #FinancialNews https://earnfree.in/latest UK Economic Event • Construction PMI (Sep): Actual 57.2 Forecast 53.1 Previous 53.6 Financial #FinancialNews https://ift.tt/TMQ9r4i earnApril 24, 2024Latest market