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Oil prices fell during trading on Wednesday, April 30, recording their largest monthly decline in nearly three and a half years, following signs that Saudi Arabia was moving to increase production and gain a larger... [read more]
The U.S. economy contracted in the first quarter of 2025 for the first time in three years, raising recession fears at the outset of President Donald Trump's second term, as he continues to wage trade wars with multiple ... [read more]
European markets closed higher on Monday, as investors digested a series of earnings and key data releases in both Europe and the United States this week.The Stoxx 600 closed up 0.5%, led by the travel and banking sector... [read more]
The China Gold Association announced a 5.96% year-on-year decline in gold consumption, reaching 290.492 tons in Q1 2025, due to the continued rise in gold prices that reduced demand for gold jewelry and ornaments.The ass... [read more]
Oil prices settled higher on Friday, posting weekly losses of more than 2%, pressured by market expectations of a supply surplus and uncertainty surrounding the fate of US-China tariff talks.Brent crude futures rose 36 c... [read more]
US stocks rose for a third day on Thursday, April 24, thanks to strong gains in large-cap technology stocks, as investors continued to look for signs of progress on the global trade front.The S&P 500 rose 2%, and the... [read more]
Gold prices fell about 3% on Wednesday after US President Donald Trump backed down from his threat to fire Federal Reserve Chairman Jerome Powell, expressing optimism about a trade deal with China, which negatively impac... [read more]
The dollar's performance was mixed on Tuesday, April 22, trading near multi-year lows against the euro and the Swiss franc, following concerns about the independence of the US Federal Reserve amid sharp criticism of its ... [read more]
Analysts at "Point Trader Group Mauritius Ltd" project that gold prices may witness a dramatic surge in the coming year, potentially surpassing $4,000 per ounce. This outlook is driven by a combination of geopolitical te... [read more]
China's Plans to Leverage Domestic Market to Support Exporters Amid Ongoing Trade Tensions with the USChina has announced plans to harness the vast potential of its domestic market to support businesses in facing externa... [read more]
