After a strong rally at the end of the year pushed gold and silver to record highs, traders rushed to take profits, causing the prices of the two metals to plummet. The lack of market liquidity exacerbated the price volatility. Spot gold prices once dropped by 5%, marking the biggest one-day decline since October 21 […]
The indicator measuring the volatility of the US bond market is on track for its biggest annual decline since the financial crisis, as the Fed’s rate cuts have eased the risk of a recession. The ICE BofA MOVE index, which gauges expected bond market volatility, dropped to around 59 on Friday, the lowest level since […]
In the just-ended 2025, new car sales in the UK surpassed 2 million units for the first time since the outbreak of the pandemic, partly due to car manufacturers offering more than 5 billion pounds (6.7 billion US dollars) in discounts for electric vehicles. The Society of Motor Manufacturers and Traders (SMMT) said on Tuesday […]
Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, said that the current interest rate might be close to the neutral level for the US economy, and the central bank’s actions would depend on the upcoming data. Over the past few years, we have always believed that the economy would slow down, but it […]
A group of economic authorities said that the long-term risk brought by the continuously rising federal debt is the top issue facing the US economy. These risks include a situation where the scale of debt prompts central banks to keep interest rates low to minimize debt servicing costs rather than to curb inflation – a […]
Anna B. Paulson, president of the Federal Reserve Bank of Philadelphia, said in a speech at the American Economic Association’s annual meeting in Philadelphia on Saturday: “I think inflation will ease, the labor market will stabilize, and the growth rate of the economy this year will be around 2%. If all these goals can be […]
The recent interest rate hike by the Bank of Japan failed to sustainably boost the yen, leading to a growing chorus of bearish views on the currency. This has further reinforced the notion that the yen’s structural weaknesses cannot be resolved quickly. Strategists at JPMorgan Chase, BNP Paribas and other institutions believe that due to […]
While traditional markets are experiencing a seasonal upswing at the end of the year, the world’s largest cryptocurrency, Bitcoin, has remained almost unchanged. Its trading price hovers around $87,370, fluctuating within the range of $85,000 to $90,000, showing no signs of recovery. This asset, built on hype, volatility, and disruptive factors, has come to a […]
The Central Bank of Russia has developed a framework to regulate cryptocurrencies in the domestic market. This framework will allow both retail and qualified investors to purchase cryptocurrencies, once again demonstrating how sanctions have altered Russia’s attitude towards cryptocurrencies. The Central Bank of Russia said in a statement on Tuesday that non-qualified investors can purchase […]
U.S. Treasury Secretary Scott Bessent supports reconsidering the Federal Reserve’s 2% inflation target, provided that the United States can consistently bring the rate of price increases down to that level. “Once we get back to 2 – and I think that’s just around the corner – we can discuss: Is it smarter to set a […]