Dollar rebounds from multi-month lows’ sterling slumps after soft inflation data

Nike has reported a 1% increase in revenue to $12.4 billion, surpassing analyst expectations; however, the company is grappling with significant margin pressures due to tariffs and disappointing sales in key markets, particularly China and its Converse brand.

Former President Donald Trump has signed an executive order aimed at easing federal regulations on marijuana, a move that has generated optimism within the cannabis industry. This decision is seen as a significant shift in the regulatory landscape, potentially leading to increased investment and growth opportunities in the sector.

Nano Nuclear Energy has reported a strengthened cash position in its FY 2025 slides, coinciding with a growing push for nuclear technology within the tech sector. This development highlights the company's financial resilience amid industry shifts.

The US House has passed a bill aimed at expediting the permitting process for large energy projects, a legislative move that underscores the government's commitment to enhancing energy infrastructure and supply. This decision is part of broader efforts to streamline regulations that can delay energy development initiatives.

Venezuela has authorized the departure of two unsanctioned loaded oil supertankers, a move that comes amid heightened tensions following recent U.S. actions against oil vessels in the region. This decision reflects the Venezuelan government's ongoing efforts to navigate the complex landscape of international sanctions and trade restrictions.

Natural gas storage levels have seen a less-than-expected decline, suggesting weaker demand in the market. This development indicates that the anticipated drop in storage, which typically signals a tightening supply, has not materialized as traders had forecasted.

The U.S. dollar weakened following the November inflation report, which indicated slower price increases, leading to a decline in its value. This development reflects growing concerns among investors regarding the Federal Reserve's potential interest rate cuts, as market sentiment shifts in response to economic indicators.

Germany has launched a 30 billion euro fund aimed at mobilizing private investment, a strategic move to bolster its economy amid fluctuating industrial performance and rising corporate bankruptcies. This initiative is expected to enhance the investment climate and stimulate economic growth.