Fitch downgrades China’s outlook to negative, finance ministry voices regret
A US-based rating agency, Fitch, downgraded its long-term perspective on China to negative, in the late hours of Tuesday, while maintaining the country's A+ credit rating.
US Inflation Preview: US Dollar & Stocks on Edge. How to Trade this Risk Event?
Wednesday's U.S. inflation report has the potential to cause significant volatility, so traders should prepare for the possibility of treacherous market conditions, especially if the incoming data sur
FOMC Minutes: Strategies to Trade USD FX Pairs and Gold
The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U.S. central bank’s thinking. These minutes can have a sign
Gold Hits Yet Another All-Time High, Silver Surges Ahead of US CPI
Precious metals soar, with gold printing another new high and silver picking up where it left off last week. Prices appear immune to warnings of delayed rate cuts
Japanese Yen Nears a Multi-Decade Low, Will Talk Turn to Action?
USD/JPY remains close to making a fresh multi-decade high despite official warnings last week that the Yen was too weak. The question lingers: will the BOJ take action beyond verbal intervention to st
US Dollar Retreats Ahead of US CPI, Treasuries Seen Rising
The disconnect between the US dollar and US treasuries recently is an interesting one but may have to do with improving EU sentiment. Upward surprise in CPI to jolt DXY?
Labour promise to replace business rates with property taxes
Labour has promised to replace business rates with a system of “business property taxation” in a bid to level the playing field between high street businesses and online retailers.
UK arms sales to Israel will ‘continue’, David Cameron confirms
The UK will continue issuing export licences for arms sales to Israel amid the conflict and humanitarian crisis in Gaza, the foreign secretary has confirmed.
Meta president Nick Clegg says AI can’t be kept in the ‘clammy hands’ of Big Tech
During a Meta event, Nick Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month.
Gold Price Outlook: Drivers Behind Market Boom, Reversal or New Record Ahead?
Gold has soared and hit one record after another this year despite the rally in U.S. real yields, with the bulk of the bullish move taking place over the course of the past two months. What’s behind