Gold slips near $4,010 as traders await Fed decision, Iran diplomacy offers hope
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Brazil’s CSN Plunges 22.73% as Gerdau Falls 6.86% | Steel, Oct 26
Brazilian steelmakers CSN and Gerdau plunged 22.73% and 6.86% in New York on Monday, while the global steel fund SLX slipped only 0.52%.
Colombia Stocks Fall 1.38% as Peso Firms | Colombia Market Report, Oct 26
Colombia's COLCAP stock index fell 1.38% on Monday, a one-month low, while Ecopetrol rose 3.52% and the peso firmed to about 3,130 per dollar.
Argentina Stocks Fall 3.0% as Peso Slides | Argentina Market Report, Oct 26
Argentina's Merval fell 3.0% on Monday and the wholesale peso hit a record low as Brazil's crash spread; Argentine ADRs in New York lost up to 9.43%.
Lee Jae-yong's 4-year bet on chips pays off as Samsung profit surges
Samsung Electronics Executive Chairman Lee Jae-yong on Tuesday marked his 4th anniversary at the helm of Korea’s largest conglomerate.
JPMorgan Predicts Bitcoin Will Outpace Stocks, Bonds, and Gold Over the Next Decade. Is Bitcoin Now a Screaming Buy?
The leading cryptocurrency has outperformed all major asset classes over the last 10 years, and JPMorgan Chase expects the same over the next 10.
- JPMorgan predicts Bitcoin to outperform stocks, bonds, and gold over next decade.
- Bitcoin's volatility is 55% annualized, much higher than other assets.
- Bank advises limiting Bitcoin allocation to around 5% of portfolio.
Is SpaceX Stock a Buy After Reporting Spectacular Earnings Results?
Business is booming for SpaceX.