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Silver price (XAG/USD) extends its gains for the third consecutive day after the latest inflation report in the United States prompted investors to seek the safety of the white metal, while the Greenback remained firm. At the time of writing, XAG/USD trades near $91.39 up close to 3%.XAG/USD jumps as elevated US producer prices, trade tensions revive haven demandMarket mood turned negative as the US Producer Price Index (PPI) in January exceeded estimates sponsored by import tariffs, signaling that inflation could reaccelerate in the upcoming months.Headline PPI dipped from 3% to 2.9% YoY but exceeded forecasts of 2.6%. Core PPI,…
While AI demand remains high, CoreWeave’s widening net loss in the fourth quarter is giving investors pause.
DBS Group Research economist Chua Han Teng notes that the Bank of Thailand surprised markets with a 25bps rate cut to 1.00% at its first 2026 meeting, following earlier easing since October 2024. DBS expects an extended pause as monetary policy space has narrowed, while downside risks to inflation and growth, and tight credit conditions, keep further easing risks skewed lower.BOT pause after surprise rate cut”The Bank of Thailand (BOT) delivered a surprise 25bps policy rate cut to 1.00% at its first meeting of 2026 on February 25, in a 4-2 vote.””The back-to-back easing aimed to ensure financial conditions support…
The company, which makes hyperconverged infrastructure including storage offerings, is partnering with AMD and betting that AI customers want flexible ecosystems.
On Thursday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9228 compared to the previous day’s fix of 6.9321 and 6.8605 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese…
Axon Enterprises stock jumped on Wednesday, as the maker of Taser stun guns said its efforts at providing artificial intelligence-driven services to law enforcement clients have led to bookings.
Silver price (XAG/USD) has recovered its recent losses registered in the previous session and is trading around $90.50 per troy ounce during the early European hours on Wednesday. The technical analysis of the daily chart timeframe shows that the 14-day Relative Strength Index (RSI) is around 56 trades above the midline without approaching overbought territory, which supports continued buying interest with room for further gains before momentum looks stretched.The near-term bias is cautiously bullish as the Silver price holds above both the nine-day and 50-day Exponential Moving Averages (EMAs), signaling a recovery phase after the sharp mid-period sell-off. The short-term…
“Within a week or two after the deadline to contest the will expired, my stepmother sent me an email stating she would not share anything.”
AUD/USD trades around 0.7040 on Tuesday at the time of writing, down 0.20% on the day, after failing to hold above the psychological 0.7100 mark on Monday. The pair is correcting from multi-month highs as market participants trim risk exposure ahead of a series of key macroeconomic events in Australia, China, and the United States (US).The release of Australia’s January Consumer Price Index (CPI) on Wednesday stands as the week’s main catalyst. Headline inflation is expected to rise 3.7% YoY, slightly below the previous 3.8%, while the Trimmed Mean measure is seen steady at 3.3%. These figures will be closely…
Investors have pulled roughly $4.3 billion out of spot bitcoin ETFs in the past five weeks, according to Dow Jones Market Data.