The Latest Breaking News from Deutsche

Market and Economic BackdropSeptember has been a month of mixed signals across global markets. Inflation remains sticky, with shelter, services, and insurance costs continuing to put upward pressure on consumer prices. The Federal Reserve has signaled patience but has not yet delivered the long-anticipated rate cuts. Long-term Treasury yields remain…

“Nvidia’s market cap is now larger than every country’s entire listed stock exchange apart from the U.S., China, Japan, and India,” the bank said.

Renters in the Big Apple also have much less money to splurge, according to an annual report from the Deutsche Bank Research Institute.

The FTSE 100 index closed up 24.59 points, 0.3%, at 8,875.22, just shy of its record closing peak of 8,884.92 posted last Thursday.