Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War
Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War Just hours before the Fed’s dovish pause, the Bank of Canada extended its easing experiment when moments ago it cut interest rates by a quarter percentage point as expected, ended the bank’s Quantitative Tightening, and dropped guidance […]
LVMH Reports “Mixed” Results As Goldman Says “Buy On Any Weakness”
LVMH Reports “Mixed” Results As Goldman Says “Buy On Any Weakness” LVMH Moët Hennessy Louis Vuitton SE posted better-than-expected full-year sales but delivered mixed fourth-quarter results, highlighting a sluggish luxury recovery. Shares fell in European trading after the earnings report. LVMH controls around 60 subsidiaries that manage 75 luxury brands. LVMH’s portfolio includes Christian Dior Couture, Givenchy, […]
Gold in 2025: Why Major Banks Are Betting on $3,000+ PER OUNCE
Alan Hibbard dives into top banks’ new predictions for gold in 2025-ranging from $2,900 to $3,000-and examine how they fared with earlier forecasts.
Why Gold's Current Pattern Is a Global Warning Sign
Gold’s current price action presents a familiar pattern that typically emerges during major market repricing events, but with a unique geopolitical twist. The chart suggests that gold’s upward trajectory is primarily driven by US-China relations, making it more than just another market trend. Unlike normal market movements that tend to equilibrate around risk-free rates, this […]
Currency Markets Roiled by Twin Threats of Tariffs and Tech
The U.S. dollar strengthened against major currencies on Tuesday as markets grappled with Trump’s expanded tariff threats and the aftermath of DeepSeek’s AI breakthrough. The dollar index recovered to 108 as traders reversed Monday’s risk-off moves, while the euro fell 0.7% to $1.04155. As the Federal Reserve begins its two-day meeting, market expectations have shifted, […]
Analysts Boost Gold Forecast for 2025 Amid Trump Era
Gold’s trajectory for 2025 looks exceptionally strong, building on its impressive 27% gain in 2024 – its best performance since 2010. A recent poll of 36 market experts projects gold reaching $2,756 per ounce in 2025, reflecting growing confidence in the metal’s safe-haven appeal during Trump’s second term. While gold briefly retreated following the U.S. […]
Mali, Barrick Edge Closer to Resolution in Gold Mine Standoff
A significant breakthrough appears possible in the ongoing dispute between Barrick Gold Corporation and Mali’s government as both parties return to the negotiating table, facilitated by the National Workers Union of Mali. The conflict over revenue distribution from the Loulo-Gounkoto mine, one of the world’s largest gold operations, has resulted in severe consequences including the […]
Gold Finds Footing Following Market Turbulence
Gold markets found their footing on Tuesday after experiencing their steepest drop since December 18, when investors liquidated positions to cover losses in technology stocks. The selloff was precipitated by DeepSeek’s announcement of a low-cost AI model, which challenged the dominance of established AI companies. Despite this turbulence, gold has maintained its position above $2,742 […]
Gold Steadies Below $2,790 as Safe-Haven Demand Surges
Gold continues to demonstrate strength in the market, trading near its record high of $2,790.17, bolstered by multiple supportive factors. A softening U.S. dollar, down 0.28%, combined with falling Treasury yields, has enhanced gold’s appeal as a safe-haven asset. The precious metal’s resilience is particularly noteworthy given the current market environment, where tech stock volatility […]
Currency Markets Roil: Pound Drops vs Yen Amid Tech Selloff
The British pound experienced mixed performance across major currencies, falling sharply against the yen while showing modest gains versus the dollar. The movement came as investors sought safe-haven assets amid tech sector turbulence and ahead of crucial central bank meetings this week. The currency markets are particularly focused on upcoming Federal Reserve and European Central […]