Gold Rush in Iran Driven by Mysterious Religious Superstition

A massive gold rush in Iran has recently captivated the nation, leaving many in disbelief. A deep-seated religious superstition, rather than market fluctuations, triggered this sudden surge in gold purchases,…

Swiss Banks Dive Into Instant Payments, Capturing 95% of Retail Transactions

Switzerland has taken a substantial step toward becoming a cashless society with the launch of its instant payment scheme. The Swiss National Bank (SNB) and financial infrastructure operator SIX made…

Oil prices ease on China demand fears, focus on Mideast talks

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early Asian trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while…

Explainer-Why Canada is on the verge of an unprecedented rail labor stoppage

By David Ljunggren OTTAWA (Reuters) – For the first time, Canada’s two main railway companies – Canadian National Railway (TSX:CNR) and Canadian Pacific (NYSE:CP) Kansas City – are on the…

Russia denies media report about indirect talks with Ukraine

MOSCOW (Reuters) – Russia on Sunday denied a report that Ukraine’s attack on the Kursk region had derailed indirect talks with Kyiv on halting strikes on energy and power targets,…

Suggestions Poland helped Nord Stream sabotage are groundless, says presidential aide

WARSAW (Reuters) – Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president’s…

Comprehensive Weekly News: Top Events at a Glance

Poll Reveals 60% of Prop Firm Clients Lose Funds, Investing $4,300 on Average Although proprietary trading has been surging in popularity, this arena remains a challenging landscape where success eludes…

Autry Stephens, Texas oil billionaire and wildcatter, dies at 86

By Arathy Somasekhar HOUSTON (Reuters) -Autry Stephens, the billionaire founder and chairman of Endeavor Energy Resources, has died aged 86, the company disclosed on Friday, after a prolonged battle with…

Dollar softens, yen set for weekly fall as US recession worries fade

By Laura Matthews NEW YORK (Reuters) -The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data…

XAUUSD: Elliott wave analysis and forecast for 16.08.24 – 23.08.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2377.25 with a growth target of 2560.00 – 2650.00.…