Copper price surge signals strain, but no acute shortage yet
The copper market is flashing warning signs of scarcity with spot prices on the London Metal Exchange trading well above…
HSBC raises 2025 and 2026 gold price forecasts amid fiscal risks
Citing elevated risks and government debt, HSBC increased its average gold price forecast for 2025 to $3,215 an ounce from…
Tesla shares plunge after Trump calls to evaluate Musk’s subsidies
Shares of Tesla (TSLA) faced significant pressure on Tuesday after President Donald Trump, in a late-night social media post, called…
Powell says Trump tariffs delayed rate cuts despite cooling inflation
Fed Chair says US interest rates would be lower if not for Donald Trump’s tariff plan. Federal Reserve Chair Jerome…
Gold prices unlikely to make further gains as risk appetite improves, experts say
Gold prices rose slightly on Monday, but the precious metal is likely to struggle to make further gains amid improved…
Floki Inu eyes 40% breakout as Valhalla mainnet launch sparks bullish momentum
Cryptocurrencies demonstrate resilience as Bitcoin tests the $108,000 mark. Meanwhile, meme token Floki Inu looks to lead upside breakouts for…
ECB rate cuts show weakening impact on European lending, says ING
Growth in borrowing by businesses and households in Europe is showing signs of levelling off, indicating a slower transmission of…
Brazil debt edges up to 76.1% of GDP in May as interest payments surge
Brazilian central bank figures released on Monday show a slight rise in the public sector gross debt to 76.1 per…
Citi Wealth CIO says traders ignoring warning signs in S&P 500
The U.S. stock market is presently witnessing an extraordinary period, with the S&P 500 Index trading at all-time highs. This…
Oil prices face litmus test as US-Iran nuclear talks, OPEC meeting to shape market next week
Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply further,…