Dollar Posts Worst First Half Since 1973
Policy turmoil and fiscal deficits weigh on U.S. currency The U.S. dollar just logged its worst start to a year since Richard Nixon ended the gold standard in 1971. Through June, the
Gold Soars Above $2,700 as Geopolitical Tensions and Economic Uncertainty Rise
Gold surged to historic highs, surpassing $2,700 per ounce on Friday, driven by heightened geopolitical tensions in the Middle East, looming uncertainties around the U.S. elections, and market anticipation of looser monetary
Bank of England Rate Cut Expectations Wane Amid Sticky Inflation
Investor confidence in significant rate cuts from the Bank of England (BOE) next year has diminished, with sticky inflation and robust wage growth fueling doubts about aggressive monetary easing. Money markets now
OECD Warns Trump’s Tariffs Are Slowing Global Economic Growth
President Donald Trump’s tariff policies are dragging down economic growth in the United States and globally, while simultaneously driving up inflation, according to a report from the Organisation for Economic Co-operation and
European and Global Markets Start the Week on a Cautious Note
China began the week with disappointing economic data. Retail sales in November rose just 3.0% year-over-year, falling short of the median forecast of 4.6%. Additionally, house prices continued their decline, though industrial
