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Forex
XAG/USD holds gains above $83.00 as safe-haven demand surges
Silver price (XAG/USD) extends its gains for the second successive day, trading around $83.10 per troy ounce during the Asian hours on Monday. Precious metals, including Silver,…
New threat is not about his testimony or the renovation project but a pretext
Federal Reserve (Fed) Chair Jerome Powell said in a statement that the US Justice Department has threatened criminal charges against him in connection with his Senate testimony…
US federal prosecutors open inquiry into Fed Chair Powell
Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank's renovation of its Washington headquarters and…
UK, Germany discuss NATO forces in Greenland to calm US threat — Bloomberg
A group of European nations, headed by the United Kingdom (UK) and Germany, is discussing plans to increase its military presence in Greenland to show US President Donald Trump…
Japan’s Takaichi may call early election in February — Reuters
Japan’s Prime Minister Sanae Takaichi may call an early general election, the head of her party's coalition partner said on Sunday, after Reuters reported that snap election could…
EUR/USD stays on the back foot after mixed US labour-market report
The Euro (EUR) edges lower against the US Dollar (USD) on Friday as traders react to a mixed batch of US labour-market data. At the time of writing, EUR/USD trades around 1.1638,…
EUR slips slightly against USD amid mixed data – Scotiabank
The Euro (EUR) is soft and down a fractional 0.1% vs. the US Dollar (USD) as it extends its latest pullback within the flat range from last June, Scotiabank's Chief FX Strategists…
China’s net Gold imports from Hong Kong double in November – Commerzbank
China’s net Gold imports from Hong Kong rose to 16.2 tons in November, doubling October’s weak level, but overall imports remained low compared to previous months, reflecting muted…
What we can learn from the Warner Bros. saga, as Rio makes second swop for Glencore
The big news for UK markets today has been confirmation that Rio Tinto and Glencore are in talks about a potential combination of some or all their businesses, including Glencore’s…
US UoM Consumer Sentiment Index rises to 54 in January vs. 53.5 expected
Consumer confidence in the US improved slightly to start the year, with the University of Michigan's Consumer Sentiment Index rising to 54 in January's preliminary reading, from…