The past week was a busy one in the global markets, but this week promises to inject another round of volatility in a data-heavy week...

India to report its inflation numbers for May

Markets: Risks and opportunities this week

Now, we look at key market moves at the start of the week. The euro fell to its weakest in nearly a month after french president emmanuel macron called a snap vote after his loss in the European parliament elections.

Japanese stocks gain after economy shrinks less than forecast

Now, we look at what to expect from Indian stocks this week. On friday, Indian stocks rallied significantly to all-time highs after tanking nearly $400 billion on Tuesday. After the swearing-in ceremony of Prime Minister Narendra Modi and 73 ministers, the new government's resolve in growth policies will be in focus.

Modi 3.0: Indian stocks at record highs on the radar

How markets will move this week

We look at what to expect from the U.S. Federal Reserve meeting this week. Broadly, the FED is expected to keep policy rates on hold for a seventh consecutive meeting. However, there's less certainty on officials' rate projections.

FED to stay on the sidelines this week

Have you ever wondered what you should order at the new restaurant that opened up in your neighbourbhood? Imagine a companion who knows your food preferences better than anyone else? Yes, we are talking about AI. And whether you like it or not, artificial intelligence is in your kitchen. But is it a recipe for disaster or a feast you didn't imagine? Take a look at this next report to find out.

AI in the kitchen: Recipe for disaster?

Let’s look at the rollercoaster ride of GameStop stock. After a surprise announcement of a livestream by social media influencer "Roaring kitty," the stock price surged. But following the highly anticipated stream, shares took a nosedive, dropping nearly 40 percent.

GameStop stock crashes despite influencer hype

In the world of Wall Street, where bulls and bears usually reign supreme, a new player is stepping onto the field—--cricket. Yes, you heard it right! The sport that's madness in some parts of the world is now catching the attention of high-profile investors and Wall Street CEOs, signaling a potential spin in the American sports landscape.

The recession proof business of cricket

Now, we turn our attention to news about Saudi Aramco's $11.2 billion stock sale. The oil giant will likely allocate about 60% of its share sale to foreign funds. This is according to a Bloomberg report, quoting sources.

Aramco's share allocations in focus

Norway's $1.7 trillion sovereign wealth fund announced its intention to vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which faces shareholder scrutiny following its invalidation by a Delaware judge earlier this year.

Norway fund opposes Musk pay at Tesla

Turkey recently announced a 40% additional tariff on vehicle imports from China, effective July 7th, with a minimum charge of $7,000 per vehicle. This decision aims to safeguard Turkey's current account balance and protect its domestic automakers from what they perceive as unfair competition. The move comes amidst global concerns over China's increasing export of electric vehicles, which many allege to be heavily subsidized by Beijing to prop up its economy.

Turkiye tariffs target Chinese auto imports

And now we've got some insights into summer spending trends in the U.S. amid uneven growth. Our next report breaks down credit card data, revealing a surge in apparel and footwear purchases, while electronics and homeware sales take a dip.

US shoppers ‘picky’ about summer spending

And onto some updates from the global markets this week...The S&P 500 ended flat on friday, touching a record-high in intraday trading.

Global markets roundup

Now, we turn our attention to what are the important aspects that will define Modi 3.0. While the elections have given Prime Minister Narendra Modi a third term to lead the country, he is now forced to form a new coalition government.

What is likely to define Modi 3.0?

We look at new record highs for Indian stocks post the Reserve Bank of India's first policy announcement after the elections...As widely expected, the RBI kept its key policy rate on hold for the eighth consecutive time at 6.5% on food inflation concerns

Indian stocks hit new all-time highs

The food and agriculture organization reports a 0.9 percent increase in global food prices for May, marking the third consecutive month of upward movement. This rise comes after a period of decline from the record highs set in March 2022.

Global food prices rise for third month in May

Recently a seismic shift rocked the world of finance, as one of the most lucrative currency trades came crashing down. Watch this report to know more about the market mayhem caused by the 'year of the elections.

Market tension rises amid election drama  | 'Year of the election' mayhem

US trade deficit has widened to its largest in 18 months, highlighting some interesting trends in the American economy. The commerce department reported that the overall trade gap reached $74.6 billion in April.

Weaker global demand impacts US Export outlook

Let’s take a closer look at China's booming exports. While this might sound positive on the surface, there are growing concerns about the impact it's having on the global market. This report delves into this growing global backlash against China’s trade practices.

China’s record manufacturing trade surplus sparks concerns

The global energy landscape is undergoing a significant shift. According to the International Energy Agency report, total investment will reach $3 trillion in 2024.

Renewables surpass fossil fuels in investment for the first time

Rahul Gandhi referred to it as the "biggest stock market scam". He questioned why prominent members of the BJP, such as Prime Minister Narendra Modi, were advising people on investments just days before the election results were to be declared.

Rahul Gandhi accuses BJP of 'market manipulation'

The global chip industry is experiencing a surge fueled by artificial intelligence. Taiwan semiconductor manufacturing company, the world's largest contract chipmaker, saw its stock price jump 5.3%.

TSMC’s market cap tops $23 trillion on AI chip demand

Leading oil producers gathered in St. Petersburg to discuss the future of the global oil and gas market. Saudi Arabia and its allies in OPEC+, the organisation of the petroleum exporting countries, met against a backdrop of rising oil demand. OPEC+ forecasts a significant increase in global oil consumption of 2.2 million barrels per day in 2024.

OPEC + may adjust oil output agreement to support market

The US Government is taking aim at the dominance of major tech companies in the rapidly growing field of artificial intelligence. The Federal Trade Commission and the Department of Justice have agreed to divide responsibilities for investigating potential anti-competitive practices by Microsoft and Nvidia.

US Antitrust probe targets Microsoft & Nvidia in AI Dominance Probe

The European central bank took a cautious step towards easing monetary policy today, cutting interest rates for the first time since 2019.

ECB implements first rate cut since 2019, citing 2.6% Eurozone inflation