Global equities are poised for a third consecutive week of gains as investors return to artificial intelligence-related trades, while easing U.S. inflation has bolstered market hopes that the Federal Reserve will hold off on raising interest rates. The MSCI Asia-Pacific Index rose 0.3% on Friday, pushing the global all-country index toward its longest weekly winning […]
Last night’s $42 billion auction of 10-year U.S. Treasuries yielded the highest return for the benchmark security since 2007, drawing strong interest from investors demanding greater compensation to fund the U.S. government. On Wednesday, Treasury yields reached 4.683%, the highest level since the global financial crisis, slightly above pre-bidding market levels—indicating demand was just below […]
Traders weighed the prospects of an agreement to reopen the Strait of Hormuz while awaiting tonight’s CPI data release, sending gold prices higher. Gold surged as much as 1.1%, returning above $4,400 per ounce after falling from a two-month high the previous day. Pakistan’s defense minister said that despite both the U.S. and Iran appearing […]
Gold prices held steady above $4,300 per ounce as investors assessed an unexpected contraction in the U.S. labor market, easing concerns over potential interest rate hikes. Despite profit-taking by traders on Monday, gold remained firmly above its 50-day moving average. Last week, gold surged more than 7%, marking its largest weekly gain since late January. […]
U.S. mortgage rates reached their highest level of the year, intensifying concerns over inflation, driven by ongoing tensions in Iran and the Federal Reserve’s decision to keep borrowing costs stable. Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 6.69% from 6.66% the previous week—the highest since July 31, 2025, […]
According to an informed source, the People’s Bank of China is increasing its gold holdings in Hong Kong. This move may help Hong Kong become a major gold trading center. The source added that the People’s Bank of China has been increasing its gold reserves in Hong Kong over the past few months. This increase […]
Gold prices extended their biggest gain in six months as signs of the reopening of the Strait of Hormuz eased pressure on energy markets from expected Federal Reserve rate hikes. Gold prices surged 1.3%, briefly surpassing $4,300 per ounce, after rising 4.1% in the previous trading session—the largest gain since February 3. Iran said it […]
The prospect of a temporary deal focused on the Strait of Hormuz has gained more support after Qatar indicated it had drafted a proposal, and both U.S. and Iranian officials expressed optimism about reopening this vital waterway. According to the Qatari government, U.S. President Donald Trump spoke by phone on Tuesday with Qatar’s Emir Sheikh […]
Wall Street institutional analysts believe that helping Japan pull the yen back from its lowest level in nearly four decades involves significant U.S. interests. Similar to last year’s situation with Argentina, part of the reason may be Trump’s support for another conservative leader—Japan’s Prime Minister Sanae Takaichi, whose recent poll ratings have declined. The U.S. […]
Companies such as Amazon, Microsoft, and Alphabet are actively advancing their spending plans in the field of artificial intelligence, once again demonstrating strong demand for chips and related equipment—offering a glimmer of hope for an industry that has recently suffered significant setbacks. Amazon raised its full-year capital expenditure forecast on Thursday from the previous $200 […]