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Silver Price Seeks Support at $34.00 – Market Forecast for March 31, 2025
Silver prices saw a decline in the latest intraday trading as the metal searches for a bottom that could provide the necessary momentum for...
Gold Surges Past US$3,100 as US Tariffs and Uncertainty Propel Safe-Haven Flows
Gold prices soared to new heights on Monday, crossing the US$3,100 mark for the first time, as geopolitical uncertainties and U.S. President Donald Trump's...
Sri Lankan Stocks on Track to Be Frontier Haven, EM Fund Says
Sri Lanka, which faced an unprecedented economic crisis culminating in a default in 2022, is on the path to recovery, and global investors are...
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Hong Kong Stocks Rise Despite US Tariffs and Wall Street Losses
Hong Kong stocks rose on Thursday, defying the impact of new US tariffs on car imports imposed...
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Brookings Paper Suggests Central Banks Should Backstop Hedge Funds Engaged in Basis Trade
A new research paper to be presented at the Brookings Papers on Economic Activity (BPEA) conference on...
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GBP/USD Price Continues Downward Correction – Forecast for March 27, 2025
The GBP/USD exchange rate dipped further in the latest intraday trading on March 27, 2025, maintaining its...
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UK consumer spending softens, job ads fall in past week
British consumers' spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings...
Analysis: High energy prices could sink U.S. stocks during earnings season
Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even...
The fall in US bond yields strengthens the international appeal of gold
Gold prices rose on Wednesday as US Treasury yields retreated and the dollar strengthened its appeal amid growing recession fears.As of 10:31, the international...
Fed policy needs to be more ‘muscular’ to battle high inflation -Bostic
Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank's 0.75 percentage point interest-rate hike this week, adding...
EU, India relaunch talks for free trade agreement
The European Union and India on Friday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end...
Indonesia looks to plug shortage of chicken supplies in Singapore
Indonesian authorities hope to reach an agreement with Singapore to start exporting chickens within weeks, officials said, as the city-state scrambles to find alternative...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Asia shares turn lower, no dodging recession risks
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S. Federal Reserve...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...