GBP/USD forecast: why is the pound rising during stagflation?
The GBP/USD exchange rate continued its strong rally on Wednesday after the UK published a hotter-than-expected inflation report and as…
Why WGC expects China’s gold bar and coin demand to remain strong?
The World Gold Council expects bar and coin demand in China to stay strong even as high gold prices may…
China boosts oil imports from Brazil and West Africa as sanctions reshape sourcing
As Middle Eastern crude prices have increased, Chinese refiners have increased purchases of Brazilian and West African crude. This comes…
EU imposes new sanctions to curb Russia’s oil exports and revenue
EU ambassadors convened on Wednesday and reached a consensus on the 16th set of sanctions targeting Russia, as disclosed by…
Trump says he’s ‘examining’ Chevron’s license in Venezuela: here’s why
President Donald Trump said on Tuesday that his government is evaluating Chevron’s permission to produce and ship oil from Venezuela,…
Banco Santander plans $2B Mexico investment over next three years
Spanish bank Banco Santander said it will invest over $2 billion in Mexico over the next three years, marking a…
No good news about US inflation: will Trump make the same mistakes as Biden?
Inflation in the US refuses to go away. January’s data showed both consumer and wholesale prices rising more than expected,…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
US and Russia to meet in Saudi Arabia for Ukraine talks: what’s on the agenda?
Senior officials from the United States and Russia are set to meet in Saudi Arabia on Tuesday to discuss the…
Are President Trump’s posts moving markets? Study shows not a lot
US President Donald Trump has sent fewer market-moving social media posts since his re-election compared to his first term, according…