Apr 28 2025, 10:45 The Japanese Yen (JPY) oscillates in a narrow range during the Asian session on Monday and stalls the recent pullback from a multi-month high touched against its American counterpart last week. US Treasury Secretary Scott Bessent did not back President Donald Trump’s assertion that tariff talks with China were underway. This…
Gold prices moved slightly lower during the Asian session on Friday, but the decline was limited and remained within the same range throughout the week. The main pressure came from the delayed release of the US September Non-Farm Payrolls (NFP) data, which tended to be positive, reducing market expectations that the Fed would cut interest…
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,”…
U.S. stock futures rose in overnight trading Wednesday as investors weighed the latest corporate earnings reports, including strong results from Meta Platforms. S&P 500 futures gained 0.5%, while Nasdaq-100 futures jumped nearly 0.9%. Futures tied to the Dow Jones Industrial Average added 65 points, or 0.1%. In extended trading, Meta Platforms rallied 7% on stronger-than-expected…
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…
Gold rose following a five-day drop — the longest run of declines in almost six months — as traders took their cues from wider markets after a bumpy ride, with the US dollar and Treasury yields both weakening. Bullion for immediate delivery climbed toward $2,395 an ounce after shedding almost 3% in the losing streak. With Asian…
