Decline of the Dollar
Last Friday marked a significant downturn for the US dollar, culminating in its worst weekly performance in over a year. The dollar index fell by 0.64%, closing at 107.45, a stark contrast to its peak...
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Gold: Can the Surge Last?
On February 5, 2025, an unprecedented surge rocked the gold futures market at the New York Mercantile Exchange. The price momentarily eclipsed $2874 per ounce, prompting a reverber...
Russia's Return to the SWIFT System?
In the recent whirlwind of the international financial arena, a curious rumor has surfaced suggesting a possible re-entry of Russia into the SWIFT financial messaging system. This speculation has gain...
U.S. Crude Inventories Rise
On February 25, 2025, the international crude oil market experienced a staggering upheaval, marked by significant declines in oil prices. Brent crude futures plummeted by 2.09%, cl...
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Rising Dollar Weighs on Gold Prices
In the vibrant and dynamic trading hall of the New York Mercantile Exchange, the atmosphere was charged with anticipation as traders focused intently on the fast-moving electronic ...
Countdown to a Major Shake-up in the US Stock Market?
The U.S. stock market experienced its largest selloff in two months last Friday, causing a ripple effect across global financial markets. Despite the S&P 500 index hovering near historic highs and the...
Gold Rises for Six Consecutive Weeks
On Monday, February 10, the world of commodity trading buzzed with excitement as spot gold hovered around $2,863.54, building on last week’s bullish momentum that extended into a r...
Meta's Plan to Lay Off 5% of Its Workforce
On February 11, Meta, the parent company of Facebook, made headlines by announcing a substantial global layoff plan, affecting approximately 5% of its workforce. Unlike previous rounds of layoffs that...
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Brazil's Response to U.S. Steel and Aluminum Tariffs
The potential for the United States to impose a 25% tariff on imported steel and aluminum has sparked intense debate and analysis among global economists, traders, and government officials alike. This...
U.S. Stocks Defy Inflation: Why No Plummet?
In recent weeks, the U.S. stock market has displayed an intriguing resilience, even in the face of inflation data that has exceeded market expectations. This adaptability reveals a complex interplay b...
The Fall of Lithium-ion Batteries from Grace!
In recent years, the realm of electric vehicle (EV) technology has witnessed dramatic shifts, particularly regarding the types of lithium batteries that power these vehicles. At the forefront of this ...
Open Source Models: Impact on SMB Banks
The world of artificial intelligence is experiencing a transformative shift as various organizations announce updates in their offerings. On February 13, Sam Altman, CEO of OpenAI, revealed that the f...
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