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15+ min ago (256+ words) EUR/USD is holding its retreat from 10-week highs'near 1.1750'in the European session on Friday, capped by a modest rebound in the US Dollar.' The potential downside for the pair might be limited amid expectations of divergent Fed-ECB monetary policy outlooks. Fedspeak is awaited,' GBP/USD is keeping its range trade intact below 1.3400 in European trading on Friday. The UK GDP unexpectedly fell by 0.1% in October vs. a 0.1% growth expected, while the Manufacturing Production rose 0.5% over the month'in the same period, missing the estimated 1% increase. Mixed UK data have little to no impact on the Pound Sterling.' Gold remains on the back foot through the Asian session on Friday, though it lacks follow-through and trades near its highest level since October 21, touched the previous day. A generally positive tone around the equity markets undermines demand for traditional safe-haven assets and…...

19+ min ago (234+ words) When a borrower needs quick funds, an overdraft and a personal loan are the two popular options that usually come to mind. Both financial products address the urgent need for finances. They can help resolve complex problems, such as medical emergencies, job loss, unexpected travel, or home renovations, as well as other immediate financial needs. Still, it is essential to consider that these two options are distinct. Each operates in its own unique way. Understanding these key differences helps potential borrowers choose the most suitable product for their needs. They must consider their cash flow requirements, repayment considerations and personal comfort with debt. Note: The differences above are illustrative. Actual terms vary across banks based on eligibility, income profile, and specific product features. It is critical to remember that, beyond repayment and interest, a personal loan can improve a borrower's…...

23+ min ago (254+ words) Gold extended its rally to a seven-week high above $4,275 per ounce on Friday, while silver climbed toward a record peak of $64.31 on Comex, following the US Federal Reserve's 25 basis point interest rate cut to 3.50 per cent-3.75 per cent. The precious metals surge came as Chair Jerome Powell's remarks were interpreted as modestly dovish, prompting traders to increase expectations for further monetary easing. The Fed also announced plans to purchase approximately $40 billion in short-dated Treasury bills to ease money market strains, a move expected to cap upward pressure on short-term yields and support bullion prices. Gold broke past the key near-term resistance level of $4,240, gaining more than 1 per cent in the session. Comex gold is holding above its 20-day exponential moving average near $4,200, with the next resistance zone opening toward $4,350. In India, MCX gold broke out to lifetime highs near "1,32,776, with…...

29+ min ago (252+ words) EUR/USD is holding its retreat from 10-week highs'near 1.1750'in the European session on Friday, capped by a modest rebound in the US Dollar.' The potential downside for the pair might be limited amid expectations of divergent Fed-ECB monetary policy outlooks. Fedspeak is awaited,' GBP/USD is keeping its range trade intact below 1.3400 in European trading on Friday. The UK GDP unexpectedly fell by 0.1% in October vs. a 0.1% growth expected, while the Manufacturing Production rose 0.5% over the month'in the same period, missing the estimated 1% increase. Mixed UK data have little to no impact on the Pound Sterling.' Gold'edges lower during the Asian session on Friday and erodes a part of the previous day's strong gains, snapping a three-day winning streak to the $4,285-4,286 region, or the highest level since October 21. The prevalent risk-on environment " as depicted by a generally positive tone…...

43+ min ago (465+ words) The UK economy shrank by 0.1% in October, it has been revealed. The latest Gross Domestic Product (GDP) figures, released on Friday morning, show that the economy unexpectedly contracted in the month leading up to Chancellor Rachel Reeves" November budget. That period saw a flurry of leaks over potential tax cuts being eyed up by the Chancellor. Ms Reeves has admitted the leaks were "very damaging". The GDP figure for October falls below the 0.1% growth that analysts had been expecting. It follows a 0.1% fall in September - and is the ninth monthly GDP contraction since Labour came to power in July 2024. The Office for National Statistics revealed that construction activity fell 0.6% month-on-month, while services fell 0.3%. The data shows the UK economy has now not grown since June, with GDP either flat or falling in the past four months. Business leaders in London…...

46+ min ago (108+ words) Defiant Rachel Reeves says she will be Chancellor for years SOURCE: BBC ONS reveals UK economy shrank again in October - The UK economy contracted by 0.1 per cent in October, according to figures released by the Office for National Statistics (ONS). - This decline in Gross Domestic Product (GDP) represents a fresh blow for the government. - A shrinking economy is generally unwelcome, as rising GDP signals economic growth. - A country is considered to be in a recession if its GDP falls for two consecutive quarters, which can negatively impact wages and jobs. - The government had hoped for stronger economic growth to increase tax revenues and support public spending plans....

47+ min ago (318+ words) Indian shares are set to open higher on Friday, extending gains after snapping a three-day losing run in the previous session following the Federal Reserve's rate cut, while investors await domestic inflation data due later in the day. The Gift Nifty futures were trading at 26,130.5 points as of 7:47 a.m. IST, indicating that the benchmark Nifty 50 will open above Thursday's close of 25,898.55. Other Asian markets opened higher, rising 0.7%. Overnight, Wall Street rose, with the S&P 500 posting a record closing high, while the US dollar declined in the wake of the Fed's rate decision and commentary. The Nifty and Sensex gained about 0.5% each on Thursday, in a broad-based rebound after a three-session slide, while the rupee slumped to a record low on persistent foreign outflows and delay in achieving meaningful progress in India-U.S. trade deal. "While the Fed's rate cut and commentary…...

48+ min ago (418+ words) SHANGHAI: China's yuan inched higher to a fresh 14-month high against a broadly weaker dollar on Friday, but the central bank's growing unease about recent rapid rises in the Chinese currency limited its gains. Market participants keep a close watch on the daily midpoint fixing by the People's Bank of China (PBOC) for any subtle changes to foreign exchange policy. Friday marked the 11th session over the past 12 days that the central bank set a weaker-than-expected guidance, a move interpreted by markets as an official attempt to slow yuan gains. The PBOC's yuan's midpoint fix at 7.0638 per dollar was the strongest since October 9, 2024, but 155 pips weaker than a Reuters estimate of 7.0483. "PBOC will continue its stance of maintaining yuan stability (by) using the fix as a tether on spot prices regardless of directional cues from market forces," Maybank analysts said in…...

54+ min ago (142+ words) Founded in 2004, Seeking Alpha is an industry-leading financial research platform powered by one of the world's largest investing communities. We bridge the gap between financial information and actionable insight by providing unrivaled coverage on all asset classes and access to best-in-class tools. From in-depth analysis on thousands of stocks to timely investment ideas and market-beating Quant ratings*, Seeking Alpha is an essential resource for millions of investors globally. The inflation rate in Germany remained unchanged at 2.30% in November, meeting estimates. The Consumer Price Index decreased 0.20% M/M in November of 2025 over the previous month. arsenisspyros/iStock via Getty Images The inflation rate in Germany remained unchanged at 2.30% in November, meeting estimates. The Consumer Price Index decreased 0.20% M/M in November of 2025 over the previous month. arsenisspyros/iStock via Getty Images...

55+ min ago (184+ words) The UK's economy shrank unexpectedly in October, according to the latest official figures. The economy contracted by 0.1%, the Office for National Statistics (ONS) said, whereas economists had been expecting it to grow by 0.1%. Over the three months to the end of October the economy also shrank by 0.1%, as manufacturing output fell and services growth stalled, the ONS said. "Within production, there was continued weakness in car manufacturing, with the industry only making a slight recovery in October from the substantial fall in output seen in the previous month," ONS director of economic statistics Liz McKeown said. It comes after intense scrutiny of the Office for Budget Responsibility in the run-up to the Budget. Badenoch claimed Labour had tipped the balance too far against workers and in favour of welfare. The government U-turned on protection against dismissal from day one last…...