News

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04 Apr 2025 04:02

Search for balance after record gold

Daily News

Gold held steady after rising to a record high in the previous session. Gold held steady after rising to a record high in the previous session, weighed down by U....

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04 Apr 2025 04:02

Oil price decline continues

Daily News

Oil prices settled after falling after a report showed U.S. inventories continued to rise, a sign that supply may be outpacing demand. Brent crude traded around $...

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04 Apr 2025 04:02

The calm in oil

Daily News

Oil is set to ease ahead of the OPEC monthly report and US inflation data. Oil is trading flat after a three-day slide ahead of a raft of market reports and US in...

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04 Apr 2025 04:02

Gold awaits US inflation data

Daily News

Gold bounced after eight straight days of gains as investors watched Tuesday’s consumer price index statement for clues about when the U.S. Federal Reserve might ...

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04 Apr 2025 04:02

ECB tends to keep critical reserve ratio constant

Daily News

The European Central Bank (ECB) is inclined to keep the reserve ratio that Eurozone banks must park at the ECB without interest. According to sources familiar wit...

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04 Apr 2025 04:02

Contrasting market commentary from two major banks

Daily News

Strategists at JPMorgan and Bank of America (BofA) have diverged in their expectations for the S&P 500. Strategists from the two major banks have offered opposing...

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04 Apr 2025 04:02

Record Bitcoin mining revenues

Daily News

As Bitcoin prices continue to rally, Bitcoin miners’ daily earnings have also hit an all-time high. As the price of the largest cryptocurrency asset continues to ...

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04 Apr 2025 04:02

US core inflation beats forecasts for second month

Daily News

Core inflation in the US exceeded estimates for the second month, confirming the Fed’s cautious interest rate cut view. Inflation in the US was 0.4 percent monthl...

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04 Apr 2025 04:02

US budget deficit hits $296 billion in February

Daily News

The US federal government's budget deficit increased by 13 percent in February compared to the same month the previous year, reaching $296 billion. The US Treasur...

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04 Apr 2025 04:02

Rising momentum in oil

Daily News

Oil rose after four days of losses as an industry report showed shrinking U.S. crude inventories offset hesitant OPEC cuts. U.S. crude rose to around $78 a barrel...

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04 Apr 2025 04:02

Gold's rapid rise has stopped

Daily News

Gold extends losses as U.S. inflation data strengthens Fed’s focus. Gold snapped a record nine-day rally as U.S. inflation beat forecasts for a second month in Fe...

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04 Apr 2025 04:02

Spring signal for ECB rate cut

Daily News

European Central Bank (ECB) officials continue to strongly guide interest rates to the spring months. The latest statement came from the French member. European C...

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04 Apr 2025 04:02

US House of Representatives issues TikTok decision

Daily News

The US House of Representatives has passed a bill that would pave the way for a ban on TikTok in the country on the grounds that it “poses a national security con...

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04 Apr 2025 04:02

Wells Fargo impact on Tesla stocks

Daily News

Tesla shares fell nearly 2 percent after Wells Fargo downgraded its rating for the company. Tesla shares fell nearly 2 percent after Wells Fargo expressed concern...

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04 Apr 2025 04:02

Rogoff: Ultra-low interest rate era ends with Biden and Trump

Daily News

According to Harvard Professor Kenneth Rogoff, the US debt level is at risk of rising to dangerous levels under both Joe Biden and Donald Trump. Another predictio...

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04 Apr 2025 04:02

JPMorgan's gold forecast

Daily News

JPMorgan’s global head of commodity research expects gold to reach $2,500 an ounce this year. Gold has the potential to reach $2,500 an ounce this year, according...

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04 Apr 2025 04:02

Rising momentum in oil

Daily News

Oil is posting its biggest gain in five weeks after U.S. inventories fell. Oil extended its biggest gain in nearly five weeks after U.S. crude inventories fell an...

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04 Apr 2025 04:02

Bitcoin exceeded $73,000

Daily News

Bitcoin broke the record by rising to $73,664. Thus, bitcoin broke the record for the 4th time in 6 days. Inflows to spot bitcoin ETFs triggered the rise in bitco...

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04 Apr 2025 04:02

Economists say Fed will stay put for longer

Daily News

The upward surprise in producer prices in the US has strengthened the idea that the Fed will postpone the interest rate cut. Nomura Holdings economists announced ...

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04 Apr 2025 04:02

US PPI wind continues in global markets

Daily News

After the US PPI data, economists postponed their expectations for the first Fed rate cut. The PBOC, which investors and economists expected to ease policy, drew ...

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04 Apr 2025 04:02

Oil at 4-month high

Daily News

Oil settled at a four-month high after the International Energy Agency revised its previous forecast of a surplus to project a supply deficit through 2024 on the ...

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