Silver price (XAG/USD) extends its winning streak for the third successive session, marking a fresh 14-year high at $42.17 during the Asian hours on Friday. The precious Silver attracts buyers as market expectations for three Federal Reserve (Fed) rate cuts this year increase after US Weekly Initial Jobless Claims climbed to their highest since October…
Global gold prices continue to strengthen, approaching $3,650 per ounce and heading for a fourth weekly gain, driven by large inflows into bullion-backed ETFs. This rally comes amid expectations that the Federal Reserve is ready to cut US interest rates after consumer inflation data matched expectations and the labor market weakened. Silver also strengthened to…
Hong Kong shares surged 375 points, or 1.4%, to 26,405 on Friday morning’s trade, reversing losses in the prior session and hitting their highest in over four years. The rally was broad-based, tracking a global rally after Wall Street’s S&P 500 notched a third record close Thursday following higher-than-expected US jobless claims that solidified bets…
Tokyo – Japanese stocks rallied for a third consecutive day on Friday (September 12th), led by gains in technology stocks. US inflation data that met expectations reinforced the view that the Federal Reserve will cut interest rates next week for the first time this year. The Topix index closed up 0.4% to 3,160.49, while the…
Tensions in the Middle East have escalated again following Israeli military attacks on several targets in Yemen and Qatar, which killed Hamas figures and security officials. This action has triggered a strong reaction from the international community, particularly the European Union, which has begun considering sanctions against Israel, a measure previously difficult to achieve due…
Global oil prices stabilized after three consecutive days of gains. The market weighed US President Donald Trump’s latest comments on Russia and the possibility of punitive measures for the war in Ukraine. Trump’s tweet questioning the Polish airspace violation incident triggered a brief price spike due to the closing of short positions. West Texas Intermediate…
