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Tag: GlobalData

Inflation Data Weighs on the Dollar

Inflation Data Weighs on the Dollar by Rania Gule, Senior Market Analyst at XS.com – MENA The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...

Wall Street banks to report quarterly results

Wall Street banks to report quarterly results by Antonio Di Giacomo, Senior Market Analyst at XS.com The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
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US jobs slowdown expected to be below 8 million for first time in over 3 years

US jobs slowdown expected to be below 8 million for first time in over 3 years The US Job Openings and Labor Turnover Survey (JOLTS)...

India startups raise $3.9 billion in VC funding during first five months of 2024

India startups raise $3.9 billion in VC funding during first five months of 2024 India witnessed the announcement of a total of 483 venture capital...

High value deal volume decline reflects shift in investor strategies in 2023

High value deal volume decline reflects shift in investor strategies in 2023 The global venture capital (VC) landscape saw a remarkable transformation with a substantial...

US and China dominate global high value VC funding deals volume with 70% share in 2023

US and China dominate global high value VC funding deals volume with 70% share in 2023 Global deal activity, encompassing venture capital (VC) funding, remained subdued...

VC funding in India down by more than half to $7.8 billion in 2023

VC funding in India down by more than half to $7.8 billion in 2023 Indian startups went through a harsh funding winter during 2023, resulting...

UK venture funding value down by 39.4% to $14.2 billion in 2023

UK venture funding value down by 39.4% to $14.2 billion in 2023 The UK witnessed the announcement of a total of 1,260 venture capital (VC)...

North America companies dominate Forbes 2000 list with $19.3 trillion revenue in 2023

 North America companies dominate Forbes 2000 list with $19.3 trillion revenue in 2023 Companies headquartered across the North America region accounted for 38% ($19.3 trillion)...

France set to be most visited country in the world by 2025

France set to be most visited country in the world by 2025 France is set to cement itself as the most visited country in the...

How much the Energy transition drove the 20 M&A deals in mining

How much the Energy transition drove the 20 M&A deals in mining Energy transition was the key driver behind 25% of the top 20 mergers...

Top 20 global biopharmaceutical companies report 9.1% QoQ decline

Top 20 global biopharmaceutical companies report 9.1% QoQ decline Expanding generic drug competition and a decline in the demand for COVID-19 vaccines and therapies have...

Why Construction growth will decrease?

Why Construction growth will decrease? Due to greater than expected inflationary pressure and further interest rates hikes, construction output in North America is forecast to...

VC funding by China startups soar 55.9% in August 2022

VC funding by China startups soar 55.9% in August 2022 even as several key global markets achieve new low China-based startups raised $5.7 billion worth of...