Market comment
Market comment on behalf of Ruben Ferreira - Head of Portuguese Operations at FlowCommunity
Gold remains under pressure, declining for three consecutive sessions to its lowest level in a month, largely due to a stronger U.S. dollar and reduced safe-haven demand. Amid the broader market reassessment of fiscal and monetary strategies following Trump re-election, there is a marked rotation into riskier assets as market participants...
The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50%
The number of millionaires has skyrocketed over the past...
New Fund for Pandemic Prevention, Preparedness and Response Formally Established
The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...
Pre-Cyber Monday Digital Sales Up 18% Despite Higher Prices, Smaller Discounts, and Fewer Products
Early holiday shopping is driving an increase in digital sales this...
UAE asserts Strong Climate Action equals Strong Economic Growth at Pre-COP26 Meetings in Milan
The UAE has expressed its strong support for progressive climate action...
Renewable resources discussions grow multifold in 2020 as fossil fuel demand dwindles
‘Renewable energy’ mentions in oil and gas companies’ earnings transcripts increased by over...
Deal activity in Asia-Pacific declined by 27.8% in May 2021
A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...
Global Over-the-Counter (OTC) Drugs Market to Grow by 6%YoY and Hit $120.8B Value in 2021
Over the years, non-prescription or over-the-counter (OTC) medicine has become...
69% of Routine Work Currently Done by Managers will Be Automated by 2024
Artificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots are rapidly...
For further increase tourism demand from the Middle East to Japan, the Japan National Tourism Organization (JNTO) signed a Memorandum of Cooperation (MOC) with...
