The US dollar appears to have stabilized in recent weeks after experiencing a record drop in the first half of the year. However, many investors believe this is only a temporary pause
Gold prices retreated slightly on Thursday but remained near historical highs above $3,600. Spot gold fell 0.3% to $3,629/ounce, while December US gold futures contracts dropped 0.4% to $3,666. The US dollar
US stock futures traded flat on Thursday morning as investors awaited critical inflation data. Markets are looking for new clues about the Fed’s interest rate cut path with the release of the
The People’s Bank of China (PBOC) announced it aims to more strictly regulate cross-border yuan financing between banks and increase the global use of the yuan. This move stands out as part
Wall Street is preparing for the risk of a liquidity crunch in the money markets at the end of the quarter. The accelerated issuance of US Treasury bonds in recent months has
The pound sterling fell 0.2% against the dollar in July to 1.3553 following the stagnation of the UK economy. However, the currency is poised for its second consecutive weekly rise, increasing by
The dollar fell to its lowest level in seven weeks on Tuesday. Investors anticipate that downward revisions to US employment data could reveal weakness in the labor market, potentially accelerating Fed interest
Unilever’s ice cream unit, led by Magnum, which it is preparing to split, forecasts an average annual 3-5% organic sales growth from 2026 onwards. The new company will include Magnum, Ben &
Taiwan’s August exports exceeded expectations, rising 34.1% to $58.49 billion. This marked the country’s fourth consecutive month of export record. Strong demand for AI and technology supported growth despite the 20% tariffs
Russian President Vladimir Putin, Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi met at the Shanghai Cooperation Organization (SCO) summit in Tianjin, sending a remarkable message of solidarity. The summit