Tag: Featured

October 27, 2021

After opening the day broadly unchanged, the cryptocurrency market slumped across the board in the space of a few minutes with some alt-coins registering hefty double-digit losses. The market has been reasonably calm of late with Bitcoin and Ethereum stable […]

October 27, 2021

Crude oil is holding the high ground for now after an industry report showed US stockpiles dwindling. S&P 500 made another record high in the US session, but equities were softer in Asia today. Increasing US/China geopolitical tensions and rising […]

October 26, 2021

Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up […]

October 25, 2021

The best mobile payment apps offer a simple way to make and send payments using your smartphone. Mobile apps providing contactless payments have become common since the introduction of Near Field Communication (NFC), turning individual smartphones into the equivalent of […]

October 25, 2021

Gold is currently ignoring higher US Treasury yields – a negative for the precious metal – and instead seems to be moving in line with calls for slowing global economic growth and increased market expectations for inflation to remain at […]

October 20, 2021

Democratic leaders said Wednesday that President Biden’s giant infrastructure and social spending packages could be just a couple of days away from winning approval. Senate Majority Leader Chuck Schumer (D-N.Y.) said lawmakers are “making good progress” and House Speaker Nancy […]

October 19, 2021

Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising […]

October 19, 2021

The global upswing in trade is leaving the U.K. behind, an early sign of the challenge Brexit is presenting its economy. The U.K. formally began its new relationship with the European Union Jan. 1. Before then, and before the Covid-19 […]

October 18, 2021

Oil prices hit multi-year highs on Monday, buoyed by recovering demand and high natural gas and coal prices encouraging users to switch to fuel oil and diesel for power generation. Brent crude oil futures were up 52 cents, or 0.6%, […]

October 18, 2021

Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at an important chart level that has steered price action over the last few weeks. The precious metal’s main driver remains the US dollar […]