Money
The best cities in the world to visit for an adventure holiday
The world is reopening and it’s time to dust off the passport. These are the best cities in the world to visit for an adventure holiday.
Love the idea of adventure but not sold on the idea of trekking the amazon? A city vacation might be a better idea than getting off the beaten track as a way to get back into international travel.
After all, who wants to stray too far from the comforts of a five star hotel?
We’ve taken a look around, and these are the best cities to kick off 2023 with an adventure holiday.
1. Rio de Janeiro, Brazil
Rio de Janeiro is one of the most vibrant and exciting cities in the world. It is home to some of the most beautiful beaches, as well as a lively nightlife and culture scene. There are plenty of activities to keep you busy in Rio, from hiking and biking in the city’s many parks to exploring its colonial architecture.
Here are the top ten tourist attractions
2. Cape Town, South Africa
Cape Town is an incredible city with a lot to offer visitors. It is home to stunning beaches, as well as a vibrant culture and nightlife scene. There are also plenty of outdoor activities to enjoy, such as hiking, biking, and climbing. Cape Town is also a great place to go for a safari or beach holiday.
3. Cusco, Peru
Cusco is a beautiful city located in the Andes Mountains of Peru. It is known for its Inca ruins and Spanish colonial architecture. Cusco is also a great place to go for outdoor activities such as hiking, mountain biking, and rafting. Additionally, there are many cultural attractions to enjoy, such as museums and galleries.
4. Chiang Mai, Thailand
Chiang Mai is a charming city located in northern Thailand. It is known for its Buddhist temples, as well as its elephant sanctuaries and jungle trekking opportunities. Chiang Mai is also a great place to enjoy Thai food and culture. Additionally, there are many beautiful temples and shrines to explore in Chiang Mai.
5. Queenstown, New Zealand
Queenstown is an adventure lover’s paradise. Located in New Zealand’s stunning Southern Alps, Queenstown offers visitors the opportunity to go skiing, snowboarding, bungee jumping, sky diving, and more. Queenstown is also home to some of the best restaurants and bars in the country.
Money
Stocks rally ahead of Thanksgiving as markets log four days of gains
Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.
Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.
Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.
Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.
All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.
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Money
Dow surges 500 points amid rate cut optimism
Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism
Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.
Tech Sector
Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.
Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.
Money
Gold prices surge as Central Banks buy big, but risks grow ahead
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.
But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.
Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.
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