The Reserve Bank of Australia has raised its official cash rate for the third consecutive time this year, taking it to 4.35% and effectively erasing all the monetary easing delivered in 2025.Surging energy prices tied to the Middle East conflict have pushed inflation well above target, forcing policymakers to balance…
Rolls-Royce share price has held steady in the past two days, helped by the company’s reassurance that its business was still firing on all cylinders despite the ongoing weakness in its business. RR rose to 1,200p on Monday, up from the month’s low of 1.093p.Rolls-Royce Holdings helped by its diversification…
Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday.Palantir stock in the spotlight ahead of earningsThe PLTR stock price has…
Brent crude oil price remained in a narrow range on Tuesday morning as investors wait for more details about the ongoing situation in the Middle East. It dropped slightly, paring some of the gains experienced on Monday. It was trading at $113.17, down slightly from this week’s high of $115.Crisis…
Gold price remains under pressure this week as concerns about inflation continued. XAU dropped to $4,530, its lowest level since March 31st. It has slumped by over 18% from its highest point this year, and technicals suggest that it has more downside to go.Inflation risks rise as the US-Iran ceasefire…
The crypto market held relatively steady on Tuesday despite the elevated risks in the market, with tensions between the US and Iran escalating. Bitcoin remained strong above the key support at $80,000, while the market capitalization of all coins rose to $2.6 trillion. This article provides a forecast for top altcoins…
Rolls-Royce share price has held steady in the past two days, helped by the company’s reassurance that its business was still firing on all cylinders despite the ongoing weakness in its business. RR rose to 1,200p on Monday, up from the month’s low of 1.093p.Rolls-Royce Holdings helped by its diversification…
Global markets are entering May 2026 under a cloud of uncertainty, with multiple macro and geopolitical triggers converging at once. From surging oil prices and the ongoing Middle East conflict to key economic data and central bank decisions, traders are facing a complex environment.A mix of risk and resilience is…
The Federal Reserve kept borrowing costs unchanged on Wednesday, holding the federal funds rate in the 3.50% to 3.75% range for a third straight meeting.But this was no routine pause.The vote was the most divided since 1992, with four officials dissenting, and that split sent a clear message to investors:…
GameStop stock price will be in the spotlight on Monday as the company makes a leveraged bid for eBay, the e-commerce pioneer. GME stock jumped by over 6% on Friday, reaching its highest point since October last year. Similarly, eBay jumped to $104 from the weekly low of $96 billion.GameStop…