Author: Admin
Receiving gold or silver through inheritance, whether it’s jewellery, coins, or bullion, can feel like uncovering something valuable that’s been tucked away for years. At the same time, it can raise plenty of questions in your mind. With different types of items, varying purity levels, and constantly moving prices, it’s not always obvious what should be sold and what might be worth holding onto. Taking the time to properly understand what you’ve been left with can make the whole process far less overwhelming and help you make a sensible choice. Understanding the Basics of Gold and Silver Value Before making…
The Euro (EUR) recovers modestly against the US Dollar (USD) on Tuesday, helping EUR/USD trim part of its earlier losses as the Greenback pulls back slightly from intraday highs following the latest S&P Global Purchasing Managers Index (PMI) release.At the time of writing, the pair trades near 1.1590, down about 0.20% on the day after hitting an intraday low of 1.1567. Meanwhile, the US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is holding near 99.30 after easing from around 99.50.The latest PMI releases, the first since the escalation of the Middle East…
Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be another day driven by developments in the Iran conflict.
The NZD/USD pair is trading near the 0.5860 price region at the start of the Asian session, having receded almost half its intraday gains late in the American session.The earlier gains came amid a boost in global risk appetite, which rose after Donald Trump signaled a potential de-escalation of tensions with Iran, stating that talks show “major points of agreement” and expressing hopes for a meeting soon. The headlines reduced demand for safe-haven assets and supported risk-sensitive currencies like the Kiwi.On the US side, the US Dollar Index (DXY) is trading below the 100.00 mark at 99.10, as investors reassess…
U.S. stock-index futures bounced between slight losses and gains on Sunday night, as new threats of escalation from both President Donald Trump and Iran threatened to intensify the conflict roiling the Persian Gulf region.
MON: Italian Judicial Referendum, Japanese CPI (Feb) TUE: BoJ Minutes (Jan), EZ/UK/US Flash PMIs (Mar) WED: Riksbank Minutes, ECB Wage Tracker, UK Inflation (Feb), German Ifo Survey (Mar), US Durable Goods (Feb) THU: Norges Bank Policy Announcement, German GfK Consumer Confidence (Apr) FRI: UK Retail Sales (Feb), Moody’s on Italy JAPANESE CPI (MON): National CPI for February is due on 23 March at 23:30 GMT (24 March 08:30 JST). Headline inflation eased to 1.5% Y/Y in January, its lowest since March 2022 and below the BoJ’s 2% target. The BoJ held its policy rate at 0.75% on 19 March, with…
“The money is tax-free and does not affect our income, which comes from investments and Social Security.”
A Reuters poll revealed that the Bank of Mexico, also known as Banxico, is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.If Banxico keeps rates unchanged, it would be the second consecutive time the central bank has opted for a wait-and-see approach, after reducing rates 12 times since the easing cycle began.The survey revealed that 16 of 28 economists expect Mexico’s main reference rate to remain unchanged, while a minority of participants — including analysts at Goldman Sachs and JPMorgan — project a resumption of Banxico’s easing cycle,…
Wall Street fears higher prices and slower growth will sink all stocks — but small-caps and housing hold their own.
Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its second-largest weekly loss since the one that ended down 17.39% on January 30. At the time of writing, XAG/USD trades at $67.89.XAG/USD Price Forecast: Technical OutlookAlthough turned bearish this week, Silver remains upward biased as long as the bulls keep spot prices above the February 6 swing low of $64.10. In the short term, XAG/USD turned negative after falling below the 100-day SMA at $72.55, which exacerbated a drop below…