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EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs of 1.1974.Euro sinks below 1.19 as hawkish Fed leadership signals and sticky inflation crush rate-cut hopesKevin Warsh is Trump’s election to be the next Fed Chairman of the Federal Reserve, confirming rumors that leaked late on Thursday. The financial markets sent precious metals tumbling, while…
The cost of wholesale goods and services rose sharply at the end of last year, underscoring that the battle against inflation is far from over as President Donald Trump names his pick for chair of the Federal Reserve.
The CAD is showing moderate outperformance against the USD, supported by stronger commodities and firm risk sentiment. The Bank of Canada maintained its benchmark rate at 2.25%, indicating that current policy is suitable for growth. The CAD’s fair value estimate has improved, reflecting its strongest position since last June, report Scotiabank Chief FX Strategist Shaun Osborne and FX Strategist Eric Theoret.CAD strengthens against USD”The CAD continues to pressure major USD support in the mid-1.35 area (last June’s low at 1.3540) after spot pushed below long-term trend support (1.3660 earlier this week).””Trend momentum signals are aligned bearishly for the USD across…
Tyson Foods, Amazon and other big companies are facing pressure from some shareholders to provide reports about how they’re being affected by the Trump administration’s immigration policies.
The Philippine economy grew 3.0% year-on-year in 4Q25, falling short of expectations and marking the weakest pace since 1Q21, according to UOB’s Global Economics & Markets Research. For the full year, real GDP grew 4.4% in 2025, below the forecast of 4.6%. Looking ahead, the expectation for a modest recovery to 5.0% in 2026 remains intact, supported by various factors including the Philippines’ ASEAN chairmanship.Weak growth outlook for Philippines”The Philippine economy grew 3.0% y/y in 4Q25 (from a downwardly revised 3.9% in 3Q25), marking the weakest pace since 1Q21 and undershooting our estimate and Bloomberg consensus of 3.7%.””Looking ahead, we…
Shares of the software company were set to extend declines despite a better-than-expected forecast.
Tesla (TSLA) stock advanced 3% afterhours on Wednesday following Elon Musk’s primary company posting a $0.05 earnings beat. The company posted adjusted EPS of $0.50 on revenue of $24.9 billion. Revenue bested consensus by $140 million but fell 3% YoY. Tesla’s automotive segment saw revenue decline by 11% YoY, while the energy business witnessed a 25% increase YoY.Tesla’s operating margin compressed by 50 basis points to 5.7% as an 11% decline in operating income was outmatched by a 39% jump in operating expenses.In the fourth quarter of 2025, Tesla reported free cash flow of $1.42 billion compared with $3.99 billion…
“My monthly expenses are around $6,000. That includes rent.”
27 January 2026 Dear Customers, The precious metals markets are moving at an extraordinary pace. Gold and silver have reached new all-time highs, and demand has surged to levels unprecedented in BullionStar’s history. We want to be transparent about what this means for service expectations, while reassuring you that we continue to have physical precious metals available. Current service timeframes Online customer buy orders – Dispatched for shipping or transferred to vault storage within 5 business days from payment received (or from the stated pre-order availability date, if later), subject to standard verification procedures. Shop transactions – Please expect long…
Gold prices rose in United Arab Emirates on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 618.94 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 611.23 it cost on Tuesday.The price for Gold increased to AED 7,219.27 per tola from AED 7,129.29 per tola a day earlier.Unit measureGold Price in AED1 Gram618.9410 Grams6,189.27Tola7,219.27Troy Ounce19,251.12FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) 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 for…