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“I recently gave him $20,000 for a newer car and had him finance the rest.”
Platinum and palladium might not get as much attention as gold or silver, but they’re essential to industries ranging from jewelry to dentistry to automotive manufacturing. But how do these metals get their global prices, and who sets the standards for their trade? The answer lies with the London Platinum and Palladium Market (LPPM), the world’s leading authority for platinum and palladium trading. If your business handles these precious metals, understanding the LPPM can help you stay competitive and informed. You can stay up to date on the daily Fixing from the LPPM by signing up for a free business…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day’s fix of 7.0573. 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 Communist Party (CCP) Committee…
Waymo, the Alphabet-backed robotaxi startup, has been on a tear. Soon it could be worth $100 billion.
Technical vs. Fundamental Analysis Analytical Approach Analytical Approach Capital preservation is a key to longevity in the trading business. One reason is that markets can stay irrational longer than you can stay solvent. Nowhere is this truer than in leveraged trading, where a small account can control positions many times its size. When markets become unpredictable, relying on only one style of analysis, either technical or fundamental, can quickly test your risk tolerance. This raises a common question among traders: Should you trade solely on technical analysis, purely on fundamentals, or use both? The real answer is more nuanced…
Airplanes with Southwest Airlines sit on the tarmac at the Baltimore/Washington International Thurgood Marshall Airport on Nov. 26, 2025 in Baltimore, Maryland.Anna Moneymaker | Getty ImagesCheck out the companies making headlines in midday trading:Pfizer — The pharma giant issued disappointing 2026 earnings guidance. Pfizer forecast an adjusted profit ranging between $2.80 per share and $3 per share for the coming year. Analysts polled by LSEG expected earnings per share of $3.05 for 2026. Revenue for the period is anticipated to range from $59.5 billion to $62.5 billion, which would be little changed from the company’s 2025 sales forecast for $62…
Here’s an all-inclusive guide to spot prices for anyone looking to buy gold in Brisbane, buy silver in Brisbane, or compare prices at Cash Your Gold. Read on. So, if you want to make wise decisions with your precious metals, such as gold or silver, it is essential to understand their current market value. The spot price sits at the centre of everything: buying and selling, premiums, and even why prices of your precious metals jump overnight. Let’s break it down to make it easier to understand. What the spot price actually means The spot price is simply the live…
China’s refineries processed 60.83 million tons of Crude Oil in November, up 4% from a year ago but slightly below October’s daily rate. Stronger output at independent refineries offset slower production at state-owned facilities due to maintenance. December will be crucial for matching last year’s record processing levels, Commerzbank’s FX analyst Michael Pfister notes. Independent refineries offset state-owned maintenance slowdown”Refineries in China processed 60.83 million tons of Crude Oil in November, as reported by the National Bureau of Statistics (NBS) at the beginning of the week. This corresponds to 14.82 million barrels per day. Crude Oil processing was thus 4%…
Fed governor Stephen Miran and New York Fed President John Williams say they are not worried about inflation.
Historically, March through June is the worst seasonal period for gold and silver prices. From 2004 to 2023, the average month-on-month rate of return on gold priced in U.S. dollars is as follows: March -0.03%, April -0.2% and June -0.25%. This year, however, the price of gold rose 13.8% from $2,054 at the end of February to $2,338 at the end of June over those three months. The silver price rose 29% over the same three-month time period. Gold & Silver Defy Seasonal Price Patterns Two key factors could have enabled gold and silver prices to defy the monthly seasonal…