Jan 17 2025, 13:03 Gold price (XAU/USD) enters a bullish consolidation phase during the Asian session on Friday and oscillates in a range around the $2,715 region, just below a one-month high touched the previous day. Expectations that softer inflation in the US will allow the Federal Reserve (Fed) to cut interest rates further this…
European stocks opened higher Tuesday, regaining some positive momentum after last week’s volatility. The Stoxx 600 index, the regional benchmark, was 0.4% higher at 8:07 a.m. London time. Financial services led gains, up 0.8%, while travel stocks slipped 0.86%. European stocks closed mixed on Monday as forthcoming U.S. and U.K. inflation data dominated investor attention….
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…
Feb 14 2025, 13:16 U.S. President Donald Trump on Thursday took what could become his most consequential action involving international trade early in his second administration. Trump, who signed a memorandum calling for reciprocal tariffs, told a group of reporters in the Oval Office that “if you build your product in the United States, there…
Oil prices continued their rally after the United States seized a sanctioned tanker off the coast of Venezuela, sparking concerns about supply disruptions and escalating geopolitical tensions. WTI for January delivery rose about 0.6% to around $58.79 per barrel in Asia, while Brent for February held above $62.21 per barrel. The seizure of this super-large…
Silver broke through $52/oz again on Wednesday, remaining near its record high after a global supply crunch sparked a major rally. The London market was particularly tight: a short squeeze caused lease rates to spike by more than 30% on Friday, making rollover costs for short positions unreasonable. Indian demand further squeezed supply, leading some…
