It says something about the level of confusion in the markets right now (American markets anyway), that having wrung their hands all last about inflation, 100 basis point rate hikes by the Fed, and an impending recession, that strong US Retail Sales and Michigan Consumer Sentiment on Friday saw Wall Street rally impressively. If that […]
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As seen on the XAG/USD chart, the price of silver fell to the $70 level and briefly pierced it, marking the lowest level since early February. Although geopolitical tensions typically support demand for safe-haven assets, Read more…
Market Overview The crypto market cap has fallen to $2.42 trillion, under pressure from sellers alongside risk assets, as the Fed pushes the next rate cut further into the future, boosting the dollar’s appeal. The Read more…
Gold prices stabilised around 4,830 USD per ounce on Thursday following a sixth consecutive decline, marking the longest losing streak since late 2024. The market remains under pressure from the Federal Reserve’s hawkish stance, which Read more…