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EUR/GBP rises as markets eye BoE, ECB policy decisions
just now (398+ words) EUR/GBP trades around 0.8670 on Thursday at the time of writing, up 0.30% on the day, supported by some weakness in the Pound Sterling (GBP) ahead of the Bank of England's (BoE) monetary policy decision, which is due later in the…...
Bank of England expected to hold interest rates at 3.75%
4+ min ago (744+ words) The Bank of England is expected to hold interest rates at 3.75% - remaining at their lowest level since February 2023 The decision will come at 12:00 GMT from the Bank's Monetary Policy Committee, which meets to decide interest rates eight times a year…...
Could U.S. rate cuts bring sunnier economic days to Canada? Don't count on it
8+ min ago (1391+ words) The economic elephant in the room is Trump's ability to wield tariffs like a sword WASHINGTON, D.C. " Nothing zaps consumer and investor confidence quite like a trade war." U.S. President Donald Trump's tariffs have slashed Canadian exports, idled some auto plants, depressed…...
Jobless Claims Pop Up a Bit, Major Morning for Earnings
21+ min ago (246+ words) Jobless Claims notched their highest weekly print since early December, while BMY, RL, COP & more report earnings. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all…...
LIC weighs buying zero-coupon STRIPS bonds
27+ min ago (257+ words) India's largest insurer is preparing to buy zero-coupon sovereign bonds for the first time, according to people familiar with the matter, in the latest sign that the country's financialization is pushing asset managers into new products to boost returns. State-owned…...
Gold price today slides nearly 3% as dollar firms and traders unwind bets
27+ min ago (542+ words) NEW YORK, February 5, 2026, 10:02 (EST) " Regular session Gold prices dipped Thursday as traders cashed in gains following a volatile rebound, while the dollar stayed resilient. Spot gold fell 2.93% to $4,818.20 an ounce, swinging between $4,791.10 and $5,024.80 earlier in the session. (Kitco) The pullback…...
Dollar Gains as Weak Stocks Boost Liquidity Demand
28+ min ago (566+ words) The dollar index (DXY00) rose to a 1.5-week high today and is up by +0.12%. "Today's stock selloff has boosted liquidity demand for the dollar." Also, hawkish comments from Fed Governor Lisa Cook supported the dollar when she said she now sees…...
Silver price plunges today as dollar firms and China selling hits metals — what traders watch next
29+ min ago (356+ words) New York, February 5, 2026, 10:03 EST " Regular session Silver prices tumbled again on Thursday, wiping out a short-lived rebound as traders cut positions in volatile precious metals. Spot silver was down 12.8% at $76.94 an ounce by 9:47 a.m. ET. (Investing) The iShares Silver Trust ETF…...
Scott Bessent Rejects Bitcoin Bailout as Crypto Market Plunges
36+ min ago (413+ words) Treasury Secretary Scott Bessent has said that the Treasury Department cannot bail out Bitcoin. Bessent clarified this while responding to questions from Congressman Brad Sherman in a hearing before the House Financial Services Committee. Rep Sherman questioned Bessent's authority. He…...
As Everyday Prices Creep Upwards, Russians Feel the Pinch
36+ min ago (1311+ words) For one woman from Moscow, shopping for groceries these days has become something of a competition. Amid a wider rise in grocery prices, she has started doing her shopping later in the evenings, when shops put discount stickers on meat…...