Author: Admin
USD/CAD trades around 1.3820 on Wednesday at the time of writing, up 0.10% on the day, supported by a modest rebound in the US Dollar (USD) amid mixed US economic data and persistent weakness in the Canadian Dollar (CAD).In the United States (US), activity in the services sector shows signs of improvement. The Institute for Supply Management (ISM) Services Purchasing Managers Index (PMI) came in at 54.4 in December, up from 52.6 previously and above market expectations. This increase points to stronger momentum in the services sector, although some components remain mixed. The Prices Paid Index eased to 64.3, suggesting…
President Donald Trump late Tuesday said Venezuela will send the U.S. 30 million to 50 million barrels of oil, which will then be sold by the U.S. and the proceeds controlled by him.
As we step into 2026, the silver market is capturing global attention like never before. After surging more than 150 percent in 2025, prices are hovering around USD 73 per ounce in early January. What investors are now witnessing is not a typical cyclical rally, but what increasingly resembles a fundamental repricing of silver as both an industrial necessity and a monetary metal. At BullionStar, we have long advocated physical precious metals as a cornerstone of wealth preservation. The current dynamics in silver highlight precisely why ownership of real, deliverable metal matters more than ever. In this post, we examine…
The Australian Bureau of Statistics (ABS) will publish the Consumer Price Index (CPI) data for November at 00:30 GMT on Wednesday.This is the second complete monthly CPI report, as the government continues to transition from the quarterly CPI to the monthly gauge as the primary measure of headline inflation.“However, the RBA has said it still prefers the quarterly prints for a better gauge of inflation trends, given the new data can be volatile,” according to Reuters.The inflation report is eagerly awaited to gauge the next interest rate move by the Reserve Bank of Australia (RBA), which could significantly impact the…
AMD CEO Lisa Su delivered a CES keynote that highlighted cost benefits, memory improvements, a shift toward real-world AI — and an insatiable demand for compute power.
Gold prices remained broadly unchanged in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at -0.03 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR -0.03 it cost on Monday.The price for Gold was broadly steady at SAR -0.37 per tola from SAR -0.37 per tola a day earlier.Unit measureGold Price in SAR1 Gram-0.0310 Grams-0.32Tola-0.37Troy Ounce-1.00FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Jan. 2, 2026. Jeenah Moon | ReutersThe stock market showed little reaction to President Donald Trump’s extraordinary action in Venezuela as investors bet the attack, as well as the capture of leader Nicolas Maduro, would not lead to a bigger geopolitical conflict. S&P 500 futures and Nasdaq 100 futures were higher in premarket trading Monday, up 0.3% and 0.8%, respectively. Futures tied to the Dow Jones Industrial Average were last up by 35 points, or 0.1%. The oil market rose just modestly, though energy…
EUR/USD has opened the week on the same soft tone that closed the previous one. The pair trades at four-week lows of 1.1690 at the time of writing, with traders trying to look ahead to the US intervention in Venezuela into a slew of key US macroeconomic releases due later in the week.Venezuelan President Nicolas Maduro is expected to appear in a US court later on Monday, after being captured by US forces over the weekend, and US President Donald Trump has warned about the possibility of further attacks on the country if the authorities do not cooperate with US…
Global investment strategist Marko Papic, referencing the 1980s Chuck Norris vehicle “The Delta Force,” says traders could start demanding higher prices as the U.S. rediscovers a taste for regime change.
United States (US) President Donald Trump gave a press conference at his residence in Mar-a-Lago. Trump confirmed the capture of Venezuelan President Nicolás Maduro and his wife: “Maduro and his wife both will face US justice,” Trump said, adding the US will be running Venezuela until they can do a safe, proper, and judicious transition. Key takeaways: Air, land, and sea were used in the Venezuela operation.This was one of the most stunning, effective, and powerful displays of US military might and competency.All Venezuelan military capacity was rendered powerless.The lights of Caracas were turned off due to a certain expertise…