The US dollar is headed for its first monthly loss since December as easing inflation pressures strengthen expectations that the Federal Reserve will start dialing back interest rates before the year ends. from Bloomberg Markets https://ift.tt/hOXDNTo
Oil futures are holding steady after a week of aimless trading as the market looks ahead to Sunday’s OPEC+ meeting. from Bloomberg Markets https://ift.tt/D4vWdpR
Double-digit growth in mergers and acquisitions should persist during the next year “as conditions and optimism have improved and a very quiet 2023 left much pent-up deal activity,” according to Barclays Plc. from Bloomberg Markets https://ift.tt/fBinZMh
Penn Entertainment Inc. shares soared after an activist investor called for the sale of the casino company, saying a failed deal and growing pattern of guidance misses have damaged management’s credibility. from Bloomberg Markets https://ift.tt/oKwPHbQ
An Adani Ports and Special Economic Zone Ltd. joint venture has entered into an agreement with Hutchison Port Holdings Ltd. to acquire 95% stake in a container terminal company at the Port of Dar es Salaam in Tanzania. from Bloomberg Markets https://ift.tt/5cABi9X
Turkey is winning over investors as bets grow on its economic firepower and the continuation of a yearlong shift back to conventional policy. from Bloomberg Markets https://ift.tt/t8lNzVd
‘We are still in a bull market, but it will be slowing down from here,’ he says from Bloomberg Markets https://ift.tt/1OnimcV
Germany’s government has started to sound out advisers for a potential share sale in Uniper SE, a first step toward privatizing the power utility, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/hqY39bp
Palladium prices won’t recover unless the mining industry cuts supply further, according to the boss of a South African producer. from Bloomberg Markets https://ift.tt/wyoEYrM
The ethics council for Norway’s $1.6 trillion sovereign wealth fund is investigating which companies are selling weapons to Israel for use in its war against Hamas in Gaza, and may advise divesting a “very limited” number of arms manufacturers. from Bloomberg Markets https://ift.tt/DPpiNbV