2+ hour, 21+ min ago  (802+ words) Gold steadied around $5,177 on Friday, consolidating within this week's range as traders weighed fading hopes for near-term Federal Reserve rate cuts against persistent geopolitical risk. At the same time, the World Gold Council (WGC) argues that the metal's recent strength…...

7+ hour, 49+ min ago  (483+ words) Wholesale prices in the United States rose at a faster-than-expected pace in January, dimming hopes that inflationary pressures were easing and complicating the outlook for interest rate cuts later this year. Data released on Friday by the Bureau of Labor…...

7+ hour, 55+ min ago  (501+ words) The US housing market is entering its busiest time of year with a notable shift in borrowing costs. The average long term mortgage rate has moved below 6% for the first time since late 2022, offering some relief to buyers preparing for…...

1+ day, 3+ hour ago  (421+ words) Gold edged higher on Thursday as uncertainty over US tariff policy, renewed geopolitical tension, and fresh US labour data supported safe-haven demand. A softer dollar added to gains, while investors digested weekly jobless claims figures and monitored developments in US-Iran…...

1+ day, 15+ hour ago  (533+ words) Gold price pulled back on Wednesday after four consecutive sessions in the green. Earlier in the day, it had topped Monday's intraday high to trade at 5,252. At the time of writing, the bullion was at $5,159. The 1.25% decline reflects profit-taking, even…...

2+ day, 8+ hour ago  (424+ words) The cryptocurrency market is having a breather following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, tapped the $66k level, adding more than 3% to its value in the last 24 hours." XRP, the native coin of the…...

2+ day, 8+ hour ago  (944+ words) The S&P 500 has started 2026 at record highs. Forward earnings are rising, core inflation has cooled to 2.5% year over year, and the Federal Reserve has already cut rates to a 3.50-3.75% range." Meanwhile, the index trades at about 21.4 times forward earnings…...

2+ day, 11+ hour ago  (602+ words) Meanwhile, attention also remained on US President Donald Trump's record-length address to Congress. Asian financial markets moved higher, led by technology and semiconductor stocks tied to artificial intelligence demand. MSCI's broadest Asia-Pacific index outside Japan rose about 1.59%, while Japan's Nikkei…...

2+ day, 12+ hour ago  (439+ words) The USD/JPY exchange rate continued rising this week, reaching its highest level since February 10 after Sanae Takaichi nominated two dovish central bank officials. It rose to a high 156, much higher than the year-to-date low of 152.28. The Japanese yen has…...

2+ day, 16+ hour ago  (557+ words) The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is nearing its all-time high of $141.5, up by 102% from its lowest level in April last year. It has jumped by…...