Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin, […]
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The Japanese yen continued its recent crash on Thursday as its run as one of the worst-performing currencies accelerated. The USD/JPY exchange rate jumped to a high of 158, up by over 12% from its lowest level in April this year. It has jumped to its highest level since January last year. Japanese yen crashes […]
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What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of support from the Federal Reserve. The tech-heavy Nasdaq fell 2%, and the broad S&P 500 index dropped by more than 1.5%. The Dow Jones Industrial […]
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Bitcoin opened December with a flash crash during the latter half of the Asian trading session, rattling already nervous investors and forcing bulls to retreat as liquidations piled up across the board. The wipeout erased a significant chunk of value from the broader crypto market, with total market capitalization dropping more than 5% over the […]
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Airbus share price moved sideways as investors assessed the impact of last week’s recall of its most important jet. AIR was trading at €204, down by 5.35% from its highest point this year. So, will the Airbus A320 recall crash the stock? Airbus A320 recall The main catalyst for the Airbus stock price is a […]
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Nvidia shares dropped on Tuesday after a report indicated that Meta Platforms is in talks to adopt Google-designed chips for its data-center infrastructure. Nvidia’s stock was down 3.58% in premarket trade, while shares of Alphabet, Google’s parent, rose more than 4% following the report from The Information. The Information reported that Meta is considering using […]
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Volatility in energy markets, especially oil prices, is far from over amid the uncertainty surrounding the peace deal between Russia and Ukraine. Last Friday, the West Texas Intermediate oil prices fell to their lowest level of $56 per barrel in a month after having traded close to $61 earlier in the week. Last week’s selloff […]
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U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in the artificial intelligence boom that has powered markets higher for much of the year. Prior to the opening bell, bets on the S&P 500 were […]
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Chile’s peso and equities firmed on Monday, while local bond yields edged lower, as markets interpreted the first-round presidential vote as opening the door to more market-friendly policies. Far-right candidate José Antonio Kast is now seen as the frontrunner for the December 14 runoff despite finishing slightly behind government coalition candidate Jeannette Jara on Sunday. […]
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Secretary of War Pete Hegseth chastised the press following media reports that he signed off on a second strike against an alleged drug boat after the first one left survivors. The Trump administration has come under renewed scrutiny for its strikes in the Caribbean targeting alleged drug smugglers, after the Washington Post reported on Friday […]
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