The GBP/USD exchange rate continued its strong rally on Wednesday after the UK published a hotter-than-expected inflation report and as the market awaited for the upcoming Federal Reserve minutes. So, why is the GBP to USD pair soaring as the UK remains in a stagflation?GBP/USD rises amid stagflation concernsThe GBP/USD…
The World Gold Council expects bar and coin demand in China to stay strong even as high gold prices…
As Middle Eastern crude prices have increased, Chinese refiners have increased purchases of Brazilian and West African crude. This comes…
Argentine President Javier Milei’s foray into the world of cryptocurrency has taken a decidedly negative turn, leaving him embroiled…
European stocks moved higher on Monday, led by a sharp rise in defense shares as governments across the continent…
Australia’s major banks—Commonwealth Bank, Westpac, ANZ, and National Australia Bank—announced 25 basis point interest rate cuts on Tuesday, following…
Senior officials from the United States and Russia are set to meet in Saudi Arabia on Tuesday to discuss…
US President Donald Trump has sent fewer market-moving social media posts since his re-election compared to his first term,…
Oil prices rose on Tuesday, following a drone attack on a Russian oil pipeline pumping station, which disrupted flows…