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Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Jan 14, 2025 02:18 am UTC| Research & Analysis Investing Commentary

Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while...

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Oct 07, 2024 06:05 am UTC| Digital Currency Commentary

On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to...

U.S. personal income and spending rose less than expected in August

Sep 27, 2024 16:26 pm UTC| Commentary

Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased...

Canada's economy shows growth in July, but growth stalled in

Sep 27, 2024 16:14 pm UTC| Commentary

The Canadian economy expanded by 0.2% month over month in July, beating preliminary projections from Statistics Canada. But preliminary data pointed to little growth in August. Thirteen out of twenty industries reported...

Germany's unemployment exceeds expectations in September

Sep 27, 2024 09:09 am UTC| Commentary

The Federal labor office reported on Friday that the number of unemployed individuals in Germany rose more than anticipated in September, highlighting the ongoing challenges facing Europes largest economy The number of...

U.S. weekly jobless claims unexpectedly decrease

Sep 26, 2024 14:24 pm UTC| Commentary

The number of Americans filing new unemployment benefit applications unexpectedly declined last week, suggesting a continued low rate of layoffs that could alleviate concerns about the health of the labor market. Initial...

U.S. durable goods orders sustain robust growth

Sep 26, 2024 14:08 pm UTC| Commentary

In August 2024, new orders for manufactured durable goods in the U.S. showed little change, maintaining a remarkable revised surge of 9.8% from the previous month, marking the largest increase in four years. This outcome...

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Economy

ECB Signals Possible Rate Hike as Middle East Tensions Push Euro Zone Inflation Higher

The European Central Bank (ECB) is increasingly likely to raise interest rates in June as escalating geopolitical tensions in the Middle East continue driving energy prices higher across the euro area. ECB policymaker and...

Asian Stocks Rally as Nvidia Earnings Boost Tech Shares, Samsung Jumps on Wage Deal

Asian stock markets surged on Thursday after strong earnings from Nvidia reignited investor confidence in artificial intelligence-related technology stocks. The positive momentum spread across regional markets, while...

Australia Regulator Flags Private Credit Risks Amid Global Market Uncertainty

Australias financial regulator has warned that the countrys growing private credit sector faces increasing risks tied to global market instability, geopolitical tensions, and rapid technological change. The Australian...

Japan Manufacturing Growth Slows in May as Services Sector Stagnates Amid Rising Middle East Supply Costs

Japans manufacturing sector continued to expand in May 2026, although growth slowed slightly as escalating supply-chain pressures tied to the Middle East conflict increased business costs and weighed on overall economic...

Moody’s Downgrades Mexico Credit Rating Amid Rising Debt and Fiscal Pressure

Moodys Ratings downgraded Mexicos long-term local and foreign-currency issuer ratings from Baa2 to Baa3 on Tuesday, while revising the outlook to stable from negative. The agency also cut the ratings for Mexicos senior...

Politics

Trump Delays Iran Strike as Peace Talks Continue, Markets Watch Strait of Hormuz Closely

Iran said it is reviewing the latest proposal from the United States aimed at ending the ongoing conflict, after U.S. President Donald Trump signaled he may delay military action in favor of reaching a diplomatic...

Raul Castro Indicted by U.S.: Cuba’s Revolutionary Leader Faces Renewed Scrutiny in 2026

Former Cuban President Raul Castro, the longtime revolutionary leader and younger brother of Fidel Castro, has been indicted by the United States over Cubas deadly 1996 shootdown of aircraft operated by the anti-communist...

Trump Warns of Renewed Military Action Against Iran as Peace Talks Stall

U.S. President Donald Trump warned that the United States is prepared to launch additional military strikes against Iran if Tehran fails to agree to a peace deal, raising fears of renewed conflict in the Middle East....

UN Backs ICJ Climate Ruling Despite U.S. Opposition

The United Nations General Assembly voted 141-8 to approve a resolution supporting a landmark International Court of Justice (ICJ) advisory opinion on climate change, highlighting growing global pressure for stronger...

U.S. Removes Francesca Albanese From Sanctions List After Court Ruling

The United States has officially removed Francesca Albanese, the United Nations special rapporteur on the Palestinian territories, from its sanctions list following a recent federal court decision. The update appeared on...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

SoftBank Shares Surge as OpenAI IPO Buzz and SB Energy Filing Boost AI Optimism

SoftBank Group (TYO:9984) shares soared on Thursday as investor confidence returned to the Japanese technology giant, driven by growing excitement around its artificial intelligence investments. The companys stock jumped...

X Corp Loses Legal Battle Over Australia Child Safety Fine

Elon Musks social media company X Corp has officially admitted breaching Australias Online Safety Act after failing to provide required details about its child protection measures, ending a legal dispute that lasted nearly...

Samsung Shares Surge After Strike Deal Eases Labor Tensions

Samsung Electronics Co Ltd (KS:005930) shares climbed sharply on Thursday after the company reached a last-minute agreement with a major South Korean labor union, avoiding a potentially disruptive strike. Investor optimism...

Intuit Raises Full-Year Forecast After Strong Q3 Earnings Despite Stock Drop

Intuit (NASDAQ: INTU) delivered stronger-than-expected fiscal third-quarter earnings and raised its full-year guidance, driven by growth in its AI-powered financial platform. Despite the upbeat results, Intuit stock...

Anthropic Revenue Surge Signals Strong AI Market Momentum in 2026

Anthropic is on track to dramatically increase its revenue in 2026, according to a Wall Street Journal report citing figures shared during the companys latest fundraising discussions. The artificial intelligence startup is...
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