The Bank of Canada is widely expected to leave its key interest rate unchanged on Wednesday, after recent data showed the economy has broadly evolved in line with the central bank’s outlook despite headwinds from US tariffs on some sectors.Governor Tiff Macklem said borrowing costs were now broadly appropriate following…
It is one record after another for gold. The yellow metal cleared the $5,200 as well as the $5,300 marks on Wednesday for the first time in history as the rally continued. Silver prices on COMEX also kept up the charge as the metal breached $116 for the first time ever. Additionally,…
Europe’s fault lines are widening as leaders, markets, and central banks grapple with a more hostile global order.From Keir Starmer’s delicate China outreach under Washington’s glare to Germany’s faltering growth despite massive spending promises, the continent’s economic engine is sputtering.Corporate bright spots like ASML’s AI-fueled boom contrast sharply with policy…
Risk appetite roared back into markets as investors piled into chips, hard assets, and crypto on a potent mix of earnings, policy signals, and currency chaos.Semiconductor stocks ripped higher on ASML’s order shock and SK Hynix’s record profits, while Big Tech slashed jobs to fund an AI arms race.A collapsing…
The US Federal Reserve left its benchmark interest rate unchanged at 3.5%–3.75% on Wednesday, effectively putting the brakes on the rate-cutting cycle that defined much of 2025.The decision reflects a mixed economic picture as growth remains solid, but inflation is proving stubborn, and job gains are losing momentum.With 10 of…
The US Federal Reserve left interest rates unchanged on Wednesday.The federal funds rate remains in a range of 3.5% to 3.75% as policymakers paused after months of easing.The move signals a more cautious, wait-and-see approach.Officials are weighing a mixed economic backdrop. Growth remains solid, but inflation is still above target,…
Gold prices continued to surge to new record highs as the yellow metal cleared $5,600 per ounce on Thursday. Gold had surged past the $5,000 threshold for the first time this Monday, marking a weekly gain of over 10%. This rally is attributed to a combination of strong factors: robust safe-haven investment,…
India and the European Union signed a long-awaited free trade agreement on Tuesday, billed by officials as the “mother of all deals”, prompting renewed scrutiny of how — or whether — the pact alters Washington’s approach to its own stalled trade negotiations with New Delhi.The timing of the landmark trade…
China and the United Kingdom moved cautiously toward rebuilding their relationship on Thursday, with President Xi Jinping telling Prime Minister Keir Starmer that Beijing was willing to develop a long-term strategic partnership after years of diplomatic strain and mistrust.The remarks came during Starmer’s four-day visit to China, the first by…
Famed investor Jim Cramer says a 4.0% same-store sales growth in Starbucks (NASDAQ: SBUX) earnings is the only number investors should focus on, and the only number that explains why the stock is pushing higher on Wednesday.While Starbucks came in shy of profit estimates in its fiscal Q1 and issued…









