Gold’s price is currently stuck between two opposing forces: rising inflation and the expectation that the Federal Reserve will lower interest rates in June. Let us look into these things more closely and see how they affect the gold market. As of 10:47 GMT, spot gold XAU= increased 0.3% to $2,163.12 per ounce. Tuesday marked […]
Gold firms on June rate cut expectations Read More »
Shanghai copper futures surged on Thursday, reaching their highest level in nearly three years. This surge coincides with a wave of production cuts planned by major Chinese copper producers, raising concerns about a potential global supply shortage. The most-traded May copper contract on the Shanghai Futures Exchange (SHFE) surged by more than 3%, reaching 72,470
China’s Copper Cuts Drive Shanghai Futures Surge: Global Market Impact Read More »
Tesla’s stock is on the rise, marking a positive turn after a series of declines. The company’s shares increased by 0.9% in early trading, following a 1.2% rise to close at $178.65 on Thursday. This comes amidst a general uptick in the market, with the S&P 500 and Nasdaq Composite futures also seeing gains. In
Tesla Vs Novo Nordisk Market Value Shift Read More »
Chancellor Jeremy Hunt announced a new type of savings account called a ‘British ISA‘ in the Spring Budget to help people invest more in UK companies. This account allows people to invest an extra £5,000 without paying tax on the money they make from these investments. This is in addition to the £20,000 they can
Spring Budget 2024 Unveils: The Quick Path to Wealth with New British ISA! Read More »
