Gold price remains under pressure this week as concerns about inflation continued. XAU dropped to $4,530, its lowest level since March 31st. It has slumped by over 18% from its highest point this year, and technicals suggest that it has more downside to go. Inflation risks rise as the US-Iran ceasefire nears its end Gold
The crypto market held relatively steady on Tuesday despite the elevated risks in the market, with tensions between the US and Iran escalating. Bitcoin remained strong above the key support at $80,000, while the market capitalization of all coins rose to $2.6 trillion. This article provides a forecast for top altcoins like Terra Luna Classic
Rolls-Royce share price has held steady in the past two days, helped by the company’s reassurance that its business was still firing on all cylinders despite the ongoing weakness in its business. RR rose to 1,200p on Monday, up from the month’s low of 1.093p. Rolls-Royce Holdings helped by its diversification and execution Rolls-Royce Holdings
The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest level since March 27. It remains 5.50% below its highest point in February this year. TLT ETF drops as US 30-year Treasury yields soar American and foreign investors are selling long-term government
The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935. Soaring UK Gold yields A key reason why the FTSE 100 Index pulled back is that UK bond
GameStop stock price will be in the spotlight on Monday as the company makes a leveraged bid for eBay, the e-commerce pioneer. GME stock jumped by over 6% on Friday, reaching its highest point since October last year. Similarly, eBay jumped to $104 from the weekly low of $96 billion. GameStop makes a leveraged bid
Crude oil prices pulled back on Monday morning after President Donald Trump announced the launch of Project Freedom, a move meant to escort ships crossing the Strait of Hormuz. The West Texas Intermediate (WTI) dropped to $99.25 from last week’s high of $110. Similarly, Brent dropped to $108. Donald Trump announces Project Freedom In a
The Japanese yen was largely unchanged on Monday morning as investors reacted to last week’s intervention by the Bank of Japan (BoJ). The USD/JPY exchange rate was trading at 158 on Monday, down from last week’s high of 160. Bank of Japan intervention The USD/JPY exchange rate is in the spotlight this week as investors
The FTSE 100 Index remained in a narrow range last week as investors reacted to the Bank of England (BoE) interest rate decision and key earnings by companies like Lloyds, NatWest, and Rolls-Royce Holdings. This article explores some of the top FTSE 100 shares to watch this week. HSBC Holdings The first main FTSE 100
The DAX Index has rebounded in the past few weeks, moving from a low of €21,870 in March to €24,290. It is now hovering near its all-time high as focus remains on the upcoming earnings by some of the top companies like Commerzbank, Daimler Truck, Lufthansa, Rheinmetall, and Siemens Healthineers. Daimler Truck Holdings Daimler Truck