Gold reduces some of its intraday gains to reach a two-week high due to a slight increase in the USD, staying above $3,300.
Gold prices are expected to retract after peaking for about two weeks at the start of Thursday. Concerns regarding US fiscal policies and the potential reduction of Fed rates should cap USD gains, thereby supporting XAU/USD. Recent updates on US-China trade tensions and geopolitical risks are likely to further limit potential losses. During the early […]
Gold prices rise amid Middle East tensions as geopolitical worries boost today’s gains.
Gold Futures Prices Rise Amid Geopolitical Tensions Gold futures have seen a three-day winning streak as investors seek safe assets due to rising geopolitical tensions in the Middle East. The June 2025 contract increased by $34.50, or 1.05%, reaching $3,319.10, while remaining above the significant technical support level of $3,180. Earlier this week, gold prices […]
Pound Sterling retracts gains as UK Reeves expresses disappointment over high UK CPI data.
Pound Sterling Expected to Strengthen Against the US Dollar Pound Sterling looks set to gain from stronger-than-anticipated UK CPI data. UK services growth jumped from 4.7% in March to 5.4% in April. Moody’s recent downgrade of US credit could weigh on the US dollar. Pound Sterling (GBP) is anticipated to trade close to a new […]
Tax-Free Tips: When Will It Begin and Who Gains?
Senate lawmakers have approved a bill aimed at eliminating federal income taxes on advanced income. Why is it important? This initiative, which aligns with one of President Donald Trump’s major promises during the 2024 election campaign, has also gained support from some Democrats. What’s the change for tips? The proposed NO Tax Act introduces a […]
Gold Price Outlook: XAUUSD Surpasses Resistance, Targets Further Gains Towards $3,375
The 50-day moving average shows that trend support was established around the swing decline of $3,121 from last week, indicating that the bearish correction might be nearing its end. The short-term upward trend remains intact as reflected in the 50-day line. This suggests that gold may continue to rise in price. While gold is currently […]
China and Australia lower interest rates; Greggs sees better sales as Mac and Cheese gains popularity – business live
Vodafone experiences losses due to writedowns Vodafone has reported a significant loss following a €4.5 billion impact from writedowns related to its operations in Germany and Romania. However, the company remains optimistic about potential top-line growth in Germany, which is its most significant market. For the year ending March 31, Vodafone recorded a pre-tax loss […]
These 8 portfolio stocks saw gains in 2025, similar to the S&P 500. Their paths shown in 2 charts
Market Update: Wall Street Dynamics As the post-election market rally started to decline in late February, things weren’t looking great for Wall Street. This was even before President Donald Trump’s surprising “mutual” tariff announcement created quite a stir, driving stocks into a downturn on April 2. But what changed in just a few weeks? The […]
Boeing gains speed with new support from Trump and Qatar.
President Trump is stepping in to support Boeing as it navigates through recent safety issues and scandals. During his trip to the Middle East, Trump announced a new contract with Boeing, first reported by News Nation and Hill, in which Qatar Airways ordered 160 widebody jets. This deal is expected to bolster the US economy […]
S&P 500 futures decline after the index records its third straight day of gains: Live updates
Market Update The trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA on May 14, 2025. The S&P 500 futures experienced a slight dip in overnight trading after seeing three days of gains tied to developments involving the Trump administration and China. Specifically, futures related to the […]
S&P 500 Today’s Gains and Losses: Supermicro Stock Rises Following DataVolt Agreement
The S&P 500 increased by 0.1% on Wednesday, May 14, 2025, driven primarily by gains in the tech sector, despite some economic worries impacting other areas. Shares of Supermicrocomputer soared after the company secured a significant agreement with Saudi data center firm DataVolt. Meanwhile, several life science companies addressed their operational struggles during healthcare conferences, […]