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Silver Price Forecast: XAG/USD slips below $69.00 ahead of Fed Chair speech

Silver Price Forecast: XAG/USD slips below $69.00 ahead of Fed Chair speech

Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $68.80 per troy ounce during the Asian hours on Friday.

Industriya
Euro gains on hawkish ECB policy outlook

Euro gains on hawkish ECB policy outlook

EUR/USD edges higher after registering minor gains in the previous day, trading around 1.1650 during the Asian hours on Friday. The pair gains ground, bolstered by the European Central Banks (ECB) hawkish monetary policy outlook.

Industriya
Gold tumbles below $4,600 ahead of Jackson Hole Symposium

Gold tumbles below $4,600 ahead of Jackson Hole Symposium

Gold price (XAU/USD) attracts some sellers below $4,600 during the early European trading hours on Friday. The precious metal retreats from a three-month high as in-line US inflation data has reinforced the possibility of further Federal Reserve (Fed) rate hikes.

Industriya

Nvidia sales soar on rapid buildout of AI data centres

Chipmakers $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.

Industriya

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.

Industriya

'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war

"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.

Industriya

Singapore inflation hits highest in nearly two years, but undershoots expectations

Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters

Industriya

Singapore inflation hits highest in nearly two years, but undershoots expectations

Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters

Industriya

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries

The so-called breakeven rate hit its highest levels in more than two months.

Industriya

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try

Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.

Industriya

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

Industriya

Bessent says Treasury buyback operation could be more than $4 billion

Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.

Industriya

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

As he has done in the past, Trump accused Fed officials of having political motives.

Industriya

Canada averts fresh wave of US tariffs after Trump extends deadline

US President Donald Trump said he will delay imposing new tariffs on a wide array of Canadian goods for three days as the countries firm up a trade deal.

Industriya

Wholesale prices were flat in July, below expectations for 0.2% increase

The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.

Industriya

U.S. budget deficit surged in July to highest level since March 2021

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.

Industriya

Here are five key takeaways from the July CPI inflation report

Readings for July on the prices consumers pay for goods and services came in pretty much on target.

Industriya

Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%

The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.

Industriya

AI‘s costly build-out complicates the Fed’s inflation fight

Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Feds job.

Industriya

Here are three key takeaways from the disappointing July jobs report

Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.

Industriya

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