Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with delivery scheduled for the second half of April, according to a Reuters report. A Very Large Crude Carrier (VLCC) will transport the crude oil, which is being sold…
Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment. A weaker dollar against a basket of major currencies lifted prices as it makes commodities priced in the greenback cheaper for overseas buyers. Gold experienced a surge, moving beyond the significant…
Global markets opened the week with a burst of political and technology-driven momentum. Investors reacted to a sweeping election victory of Sanae Takaichi in Japan, fresh gains in Asian equities, political turbulence in the UK, and a rally in Chinese artificial-intelligence shares following a new product launch from ByteDance. Japan…
The past few months have produced a strange contrast in global markets. Headlines warn that China is cutting back on US treasuries while the dollar slides and confidence in America is questioned. At the same time, hard data shows foreign ownership of US Treasuries at record levels.Both statements are true,…
Bitcoin’s recent recovery could be hanging in the balance as the political deadlock over Kevin Warsh’s nomination to lead the US Federal Reserve deepens, raising fresh concerns about prolonged dollar tightening and the erosion of risk appetite across digital asset markets.Treasury Secretary Scott Bessent has urged the Senate Banking Committee…
Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with delivery scheduled for the second half of April, according to a Reuters report. A Very Large Crude Carrier (VLCC) will transport the crude oil, which is being sold…
The top cryptocurrency news in LATAM this week includes: XDC Network crosses $100 million in tokenized assets in Brazil, Argentina introduces its first public Bitcoin treasury model, and Brazilian investors express increasing interest in “digital gold” in light of the metal’s recent surge.Argentina’s first public Bitcoin Treasury modelArgentina’s public Bitcoin…
Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment. A weaker dollar against a basket of major currencies lifted prices as it makes commodities priced in the greenback cheaper for overseas buyers. Gold experienced a surge, moving beyond the significant…
Global markets opened the week with a burst of political and technology-driven momentum. Investors reacted to a sweeping election victory of Sanae Takaichi in Japan, fresh gains in Asian equities, political turbulence in the UK, and a rally in Chinese artificial-intelligence shares following a new product launch from ByteDance. Japan…
Stellantis stock price continued its downward trend, reaching its lowest level since September 2020. It has tumbled from a record high of $25 in 2024 to a low of $7.25. This retreat has brought its market cap from an all-time high of $91 billion to the current $20 billion. It…