Goldman Sachs warns that the world faces serious risks to the rare earth supply chain, primarily due to China’s overwhelming dominance in mining and refining. Minerals such as samarium, lutetium, and terbium are crucial for high-tech applications, from batteries and chips to artificial intelligence and defense equipment. However, China is now expanding export restrictions, tightening…
World oil prices weakened again as the market began to worry about a global oversupply. Recent data showed that the volume of crude oil shipped by sea reached a record high, indicating that producers continue to increase volumes even as demand begins to slow. This has fueled concerns that the market will be flooded with…
Silver prices declined during Tuesday’s trading session, with the price of XAG trading at $51.65 at the time of writing. The easing of trade tensions between the United States and China has reduced investor interest in safe-haven assets. US President Donald Trump expressed confidence that the two countries would reach a trade deal soon, ahead…
Silver prices (XAG/USD) weakened slightly in the Asian session on Thursday (October 9th), hovering within a high range after hitting a new record near $49.6 per ounce the previous day. The main drivers came from gold’s rally to reach $4,000, demand for hedge funds, and speculation of interest rate cuts, which has boosted appetite for…
Budget discussions in the United States Congress have reached another deadlock after overnight meetings failed to produce an agreement between Republicans and Democrats. This situation has pushed the partial federal government shutdown into its second week, raising concerns about domestic and global economic stability. The failure to reach an agreement occurred after the Senate rejected…
Japanese stocks are expected to move higher on Friday, following Wall Street’s record-breaking rally, fueled by OpenAI’s latest funding and eye-catching valuations. Nikkei futures on SGX rose 35 points to 45,050, signaling a positive opening. In the currency market, USD/JPY was at 147.14 (vs. 147.26 late Thursday in New York), indicating a relatively stable yen….
