Cryptocurrencies witness an impressive rally in 2024,The world of cryptocurrencies has witnessed an impressive rally in 2024, with Bitcoin leading the charge and reaching an impressive $52,000 once again. This meteoric rise has not been limited…
Dollar Index is heading for a fifth week of gains as producer prices accelerate,Dollar Index was able to reverse the losses it suffered over the past two days and was able to record gains of about 0.25% and attempt to regain the level…
Barclays to cost cut by £2 billion in a overhaul as profits plummet,Barclays has revealed that their profits have fallen and are planning to strip out a further £2 billion in costs by 2026. On Tuesday morning shares climbed 5% after the…
Cryptocurrency market has experienced a notable surge,In recent days, the cryptocurrency market has experienced a notable surge, primarily driven by Bitcoin Exchange-Traded Fund (ETF) trading. However, this growth is threatened by significant obstacles that could alter…
Current conflicts and the threat of war with Russia drives record orders for BAE Systems,Weapons manufacturer BAE Systems have said that because countries are building their military capabilities they have a record backlog of almost £70 billion. BAE Systems said that due to the…
Geopolitical risk and the end of cheap money is the new normal,What is the new normal? Globally, financial markets are coming to terms with a new geopolitical, economic and policy landscape. The most dramatic change is geopolitical uncertainty and the risk…
How will gold prices react to US NFP data?,It appears that the price of gold (XAU/USD) is poised to record a third consecutive weekly gain after reaching levels of $2170 during Friday’s trading. This comes amid escalating geopolitical…
Zara owner reports record sales,Zara owner has reported a record annual sales due to strong demand for their new spring and summer collections. Inditex reported for 2023 a 10.4% rise in sales to £30.7…
Gold prices uncertain after inflation data, Fed ahead,Gold prices continued to trade sideways after traders reacted to the stronger-than-expected US inflation data this week. The latter has stopped gold’s surge after a three-week winning streak as traders…
USD strong with all eyes on the Fed meeting,The dollar index continued its rally, reaching its highest levels in almost two weeks, reacting to scaled-down bets on interest rate cuts from the Federal Reserve after stronger-than-expected inflation data.…
