Forex

Gold prices edged up slightly in Asian trading on Tuesday as President-elect Donald Trump’s threats of increased trade tariffs spurred demand for safe-haven assets. However, gains were capped by a strengthening U.S. dollar, which rebounded toward its recent two-year high, making gold more expensive for holders of other currencies. Spot…

Macroeconomic uncertainty and evolving policies under the Trump administration may lead to short-term market volatility, but Evercore ISI views these fluctuations as opportunities to increase exposure to the S&P 500, according to a note released Sunday. Evercore forecasts the S&P 500 (SPX) to reach 6,600 by mid-2025, despite its current…

Europe’s main stock index opened at a two-week high on Monday, buoyed by the nomination of U.S. President-elect Donald Trump’s Treasury Secretary and optimistic remarks from the European Central Bank’s chief economist regarding monetary policy easing. The pan-European STOXX 600 rose 0.5% by 0810 GMT, driven by gains in basic…

German business morale dropped more than anticipated in November, adding to the negative outlook for a country projected to be the worst-performing among the G7 nations this year. The Ifo Institute reported that its business climate index fell to 85.7 in November, according to a survey released on Monday. Analysts…

The dollar gave up some of its recent gains on Monday as the nomination for U.S. Treasury secretary appeared to ease concerns in the bond market, leading to a dip in yields and slightly reducing the currency’s rate advantage. Yields on 10-year Treasuries fell to 4.351% from 4.412% on Friday,…

Bitcoin’s price edged lower on Monday after steep weekend losses, as its attempt to reach the historic $100,000 mark faltered amid uncertainty over the implications of a Trump presidency for cryptocurrency. The token had hit a series of all-time highs last week, climbing to $99,617.4 following Donald Trump’s victory in…

Singapore’s consumer inflation grew at a slower pace than expected in October, driven primarily by declines in housing and energy costs, alongside a drop in import prices. According to official data released on Monday, the Consumer Price Index (CPI) rose 1.4% year-on-year in October, below the projected 1.8%. This moderation…

Gold prices saw a sharp decline in Asian trading on Monday, driven by reduced safe-haven demand following reports of ceasefire talks between Israel and Hezbollah, signaling potential de-escalation in the Middle East. Despite the drop, gold remained supported by last week’s gains, fueled by heightened tensions between Russia and Ukraine,…

New York, Nov 23 Despite warnings about the link between alcohol consumption and cancer, fewer than half of Americans are aware that regular drinking raises the risk of developing cancer later in life. A survey conducted by the Annenberg Public Policy Center (APPC) at the University of Pennsylvania found that…