Trump will appoint only a candidate willing to lower interest rates as the new head of the Federal Reserve System. He criticized the current chairman, Jerome Powell, calling him a «stubborn ass» and expressing hope for his resignation, although Powell's term expires in May 2026...
American regulators are developing new rules allowing the use of cryptocurrency to obtain a mortgage without converting it into fiat. The US Federal Housing Finance Agency (FHFA) has ordered Fannie Mae and Freddie Mac to take into account borrowers' crypto assets when assessing mortgage risks...
Russian oil has broken two records at once: a record high price and record low imports. The cost of a barrel of Urals crude oil last week exceeded $68, which was the highest since January. Now the price of Russian oil has dropped to $65-$65.23 per barrel...
Donald Trump, with his aggressive trade policy, can compensate for the weakening of the British pound caused by Brexit. This could bring sterling back to the levels before the UK left the EU, experts say...
Markets on Edge: Investors Brace for Sell-Off After US Strike on Iran Financial markets are on alert this Monday as investors anticipate a sharp downturn following a US military strike on Iran over the weekend...
Night of Escalation: Israel and Iran Exchange Heavy Strikes Tensions between Israel and Iran surged overnight as Israeli forces launched airstrikes targeting Iranian nuclear facilities. In retaliation, Tehran fired a barrage of missiles and drones at Israeli territory...
Russia and China condemn Israel's actions that violate the UN Charter: the result of a telephone conversation between Putin and Xi Jinping...
Gold is currently holding on to its intraday losses. Overall positive sentiment in the stock markets is undermining demand for bullion. However, a combination of factors is preventing bears from taking aggressive positions, helping the metal stay above the key psychological level of $3400...
Representatives from the United States and China have reached a framework agreement on trade following two days of high-level talks in London. But why isn't there a sense of euphoria in the markets...
Early in the European session, gold traded around 3,372, showing signs of exhaustion after reaching the weekly high of 3,387. We could expect a technical correction to occur in the coming hours toward the 21SMA or the 7/8 Murray EMA at 3,355...
US Markets Close Higher as Chip Stocks Lead the Rally U.S. stock indexes finished Tuesday's session in positive territory, driven by strong gains in chipmakers like NVIDIA...
Markets Brush Off Tariff Threats as S&P 500 Rises Despite fresh trade threats from President Donald Trump, U.S. markets closed higher on Monday, reflecting continued investor confidence in the progress of trade talks between the U.S. and its key economic partners...
Wall Street's roller coaster: May ends with strong rally A turbulent month came to a strong finish, as the benchmark S&P 500 closed Friday almost exactly where it started the day. Despite a choppy session, May delivered the index's biggest monthly gain since November 2023...
Gold is declining below the $3300 level today. U.S. PCE data met expectations. A shift in trade flows is helping the U.S. dollar regain positive momentum...
The US Court of International Trade declared Trump's duties illegal. The court supported the Democratic-led states and small businesses, which accused the president of misuse of the law on the state of emergency...
What's new is often just what's been forgotten. As spring draws to a close, the long-dismissed mantra "sell America" is making a comeback in markets. The phrase gained traction following Donald Trump's sweeping tariff actions in early April, which heightened fears of a potential US recession...
The approval by the House of Representatives of what Donald Trump called a "big and beautiful" tax-cut bill, along with a rise in the U.S. composite PMI from 50.6 to 52.1, helped the U.S. dollar regain its footing. EUR/USD fell below the 1.13 level. However, if the U.S...
Volatility on Wall Street: Cisco shines, UnitedHealth loses ground Stock trading on Thursday ended in different directions - investors chose between tech optimism and alarming signals in the healthcare sector...
IBM shares rise, J&J still in downtrend IBM stock continues to climb, supported by technical chart signals pointing to a potential move towards the $265.90 level. Investors are showing interest in the company's stock, backed by strong corporate performance and a favorable technical backdrop...
How quickly things change on the financial markets! Before America's Liberation Day, investors viewed the 10% universal import tariff as disastrous. Now, it's seen as the most favorable option...
