BoE holds rate but narrow vote fuels expectations of spring rate cut
The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided
Economy
Economy
ECB holds rates steady as global risks overshadow easing inflation
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data
Economy
Snap stock price loses key support as North America user growth fades
The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to
Economy
Eli Lilly beats earnings, lifts outlook on booming Zepbound and Mounjaro sales
Eli Lilly reported stronger-than-expected fourth-quarter earnings and issued robust guidance for the coming year, as soaring demand for its GLP-1 drugs reaffirmed its
Gold
Commodity wrap: gold smashes $5,600, silver tops $120, Brent jumps as prices go parabolic
Gold prices breached $5,600 per ounce for the first time on Thursday on rising safe-haven demand for the metal. Silver topped $120 per
Gold
Gold slumps 3%, but set for its strongest monthly gain since 1980
Despite a sharp, more than 4% slide on Friday—fueled by rumors of a potentially more hawkish Federal Reserve chair—gold remains on course for
Gold
Gold, silver tumble after record tun as Fed Chair rumours tattle markets
Gold and silver prices came to a screeching halt on Friday as the precious metals experienced wild swings to the downside. Silver prices
Gold
Commodity wrap: volatility reins as gold, silver, copper tumble on hawkish Fed chair news
As if the volatility in commodity markets this week was not enough, gold, silver, and copper experienced free falls on Friday as investors
Gold
Analysis: gold slips to 2-week low; silver plunges 38% on CME margin hikes
Gold and silver prices fell further on Monday as the impending increases in CME precious metals margin requirements, set to take effect at
Gold
Commodity wrap: gold, silver, oil, and copper fall sharply on CME margin hikes, geopolitical easing
After posting a record intraday loss last Friday, precious metals extended their sharp sell-off, with silver dropping as much as 16% and spot