Autocatalyst palladium surged back above $1,000 for the first time since January 12, while gold reached a new high, building on excellent momentum primarily fueled by forecasts for U.S. monetary easing.   As of 2:03 p.m. ET (1903 GMT), spot gold was up 0.8% to $2,145.09 per ounce, having...

According to eight business executives who regularly communicate with the agencies and regulatory officials, U.S. regulators plan to drastically slash the additional capital banks are required to keep as a result of a planned rule that has faced strong opposition from Wall Street.   In July,...

According to Calastone analysis, British investors have been actively buying American equities since October 2023, while keeping their money out of the securities of British corporations. MarketWatch notes that this is yet another illustration of the issues plaguing the stock markets in Britain,...

Nvidia is now the third-biggest company in the world with a higher market valuation than Saudi Aramco. According to trading statistics, U.S. video card developer Nvidia has surpassed Saudi Aramco, the country's state-owned oil and gas company, in terms of valuation, moving up to third place....

Analysts at Bank of America raised their prediction for the US market index S&P 500 at the end of 2024 from 5,000 points to 5,400 points. Analysts do not completely rule out the chance of a brief downturn in the stock market, despite the optimism. The experts claims that since 1929, there have been...

Delegates from the member states of OPEC+ have decided to prolong the cutback in oil exports by 2 million barrels per day (bpd) until the end of June, according to a report by Bloomberg. The newspaper reports that the reason why the OPEC+ countries' January supply decrease did not achieve the...

In the next years, the European Central Bank will keep setting a "floor" under market interest rates, but banks will have more control over the amount of liquidity they require, four people said. In a new period where inflation is higher and the enormous amounts of money injected into the...

Although January saw an increase in U.S. prices, the yearly gain in inflation was the lowest in over three years, meaning that the Federal Reserve's June interest rate cut remains on the table.   The Bureau of Economic Analysis of the Commerce Department reported on Thursday that the price...

Chinese Premier Li Qiang stated on Wednesday during a meeting with a visiting U.S. team that Washington should refrain from decoupling from China and that Washington and China should deepen their economic and trade connections, according to Chinese official radio.   "Strengthening economic...