May 6 2025, 07:22 The Trump administration has declared Harvard University ineligible for new federal research grants in the latest escalation between the White House and the Ivy League school. Education Secretary Linda McMahon will send a letter warning the university that access to additional federal funding will be blocked until “they demonstrate responsible management,”…
Silver price (XAG/USD) trades with a mild bearish bias near $28.25 on Thursday during the early Asian session. The modest recovery of the US Dollar (USD) weighs on the white metal. However, the rising speculation that the US Federal Reserve (Fed) will cut a deeper interest rate in its upcoming meeting this month might help…
The dollar index traded around 101.3 on Thursday after losing half a percent in the previous session, weighed down by growing expectations that the Federal Reserve will deliver a supersized 50 basis point rate cut later this month due to weak data. Markets are also pricing in about 125 bps in total easing this year,…
Silver’s (XAG/USD) accelerates its reversal from last week’s highs right above $39.00, to levels below $38.50, with bears testing support at Tuesday’s low of $39.35, amid a broad-based US Dollar strength on Wednesday. The US Dollar Index, which measures the value of the US Dollar against the world’s most-traded currencies, appreciates for the fourth consecutive…
Hong Kong stocks rose around 201 points (0.8%) to 25,733 in Thursday’s morning session, extending their gains for a second day. This rise was driven by positive sentiment from Wall Street after the Fed cut interest rates in line with market expectations. Traders remain hopeful of further easing, although the US central bank has signaled…
Oct 23 2024, 11:36 The Australian Dollar (AUD) struggled to secure the previous session’s gains on Wednesday. However, the AUD/USD pair faced pressure as the US Dollar (USD) strengthened on rising Treasury yields. Market risk aversion has increased on the increasing possibility of Donald Trump winning the presidency, adding selling pressure on US Treasury bonds….
