UBS continues to rate gold as ‘attractive’ despite year-to-end rally
XAU/USD prices hit a new all-time high, marking the metal’s sixth weekly gain in the past seven weeks. This year alone, gold has seen a 32% increase in value, spurred…
Inverted Yield Curve Warning: Protect Your Investments
The inverted yield curve has emerged as a critical signal for investors. When short-term interest rates surpass long-term rates, an inverted yield curve forms. This event has historically been a…
Dollar edges lower after data as recent rally stalls
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was still on track for a fourth…
Oil set for 3% weekly gain, investors weigh Middle East risk
By Robert Harvey LONDON (Reuters) -Oil prices were heading for a weekly gain of almost 3% as Friday’s prices ticked higher, with traders kept on edge by simmering tensions in…
Negative Interest Rates: A Bold Move in Today’s Financial World
When you hear “negative interest rates,” it may sound counterintuitive. After all, aren’t interest rates supposed to reward saving and charge for borrowing? However, in today’s financial world, this concept…
New Mexico studies oil drilling restrictions that would hit output, revenue
By Georgina McCartney NEW YORK, (Reuters) – New Mexico, the second-largest oil-producing state in the U.S., is studying new restrictions on drilling that would hit up to 5.4% of its…
XAUUSD: Elliott wave analysis and forecast for 25.10.24 – 01.11.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2601.27 with a target of 2880.00 – 3000.00. A…
NYSE Proposes 22 Hour Trading on Arca Equities Exchange During Weekdays
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial…
Oil prices rise; set for weekly gains on Middle East tensions
Investing.com — Oil prices rose Friday and were headed for a positive week as persistent concerns over the Middle East conflict kept a risk premium in play. At 08:30 ET…
WTI Crude Oil: Elliott wave analysis and forecast for 25.10.24 – 01.11.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 72.42 with a target of 61.50 – 53.60. A…
