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Gold price sits near record high, continues to draw support from the global flight to safety
Gold price (XAU/USD) struggles to attract any meaningful buyers on Monday, though it remains close to the all-time top – levels beyond the $3,000 psychological mark touched on Friday. Against the backdrop of concerns about escalating trade tensions and a global trade war, geopolitical tensions...
Fxstreet
Mar 17, 2025
The US job market has never been as bad as it is right now
The US job market is collapsing, and the numbers prove it. More Americans are juggling multiple jobs than at any time in the last 15 years, and even a college degree isn’t enough to secure financial stability. A record 8.9 million people—5.4% of all employed workers—are working more than one job, acCryptopolitan
Mar 17, 2025
US envoy says Trump and Putin to hold call on ceasefire deal soon
Donald Trump’s envoy Steve Witkoff said on Sunday that he expected the US President to speak with Russian President Vladimir Putin this week, saying that Putin “accepts the philosophy” of Trump’s ceasefire and peace terms, per the Guardian.Fxstreet
Mar 17, 2025
American Express rating raised at Baird following persistent market sell-off
Investing.com -- Baird analysts upgraded American Express (NYSE:AXP) to Neutral following a “persistent sell-off in the broader market” that has made it “difficult for us to remain pessimistic on AXP's high-quality franchise.”
Investing.com
Mar 14, 2025
Gold Prices Surpass $3,000 for First Time — Is the 2025 Target Obsolete?
TradingKey — Gold prices have breached the $3,000 per ounce milestone for the first time in history, driven by surging safe-haven demand amid escalating trade tensions sparked by former U.S. President Donald Trump’s tariff threats. Analysts highlight gold’s role as a hedge against the most severe...
Is Buffett Hoarding Cash and Rarely Selling Companies — A Sign of Deep Disappointment in U.S. Economy?
TradingKey — Amid lingering discussions about Berkshire Hathaway’s record trillion cash reserves fueling a shortage of quality assets, the conglomerate led by Warren Buffett is reportedly making a rare move to sell a subsidiary — a stark departure from its long-standing policy of almost never...TradingKey
Mar 14, 2025
S&P 500 Enters Correction——Was Trump a Bull Market Killer?
TradingKey — With President Trump's tariffs remaining unpredictable, Wall Street's optimism for a renewed U.S. stock market rally has quickly faded. The S&P 500 Index has dropped more than 10% from its all-time high, officially entering technical correction territory. Markets are now debating...
TradingKey
Mar 14, 2025
GBP/USD loses momentum below 1.2950 on downbeat UK GDP data
The GBP/USD pair loses ground to near 1.2925 during the early European session on Friday. The Pound Sterling (GBP) edges lower after the release of UK growth numbers. The attention will shift to the preliminary Michigan Consumer Sentiment for March, which will be published later on Friday.
Fxstreet
Mar 14, 2025
Gold price hits fresh all-time high; approaches $3,000 amid trade war fears
Gold price (XAU/USD) enters a bullish consolidation and oscillates in a narrow range near the all-time peak touched during the Asian session on Friday. Investors remain worried about US President Donald Trump's aggressive trade policies and their impact on the global economy, which, in turn...Fxstreet
Mar 14, 2025
US Dollar Index holds gains near 104.00 ahead of Michigan Consumer Sentiment Index release
The US Dollar Index (DXY), which tracks the US Dollar (USD) against six major currencies, extends its winning streak for a third consecutive day amid improved Treasury yields. The DXY is trading near 104.00 with 2- and 10-year yields on US Treasury bonds standing at 3.96% and 4.29%, respectively...
Fxstreet
Mar 14, 2025
HSBC raises GBP-USD forecast but sees weakness ahead
Investing.com -- HSBC (LON:HSBA) has revised its forecast for the British pound against the US dollar, citing recent gains driven by broader euro strength.GBP-USD recently touched its highest level since November, benefiting from the rally in EUR-USD. However, despite the short-term boost, the UK f
Investing.com
Mar 13, 2025
US Dollar in choppy mode ahead of PPI and Jobless Claims data
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Thursday, above 103.70 at the time of writing. Markets await comments from US diplomats visiting Russia to convene over a ceasefire deal, which already bears the greenFxstreet
Mar 13, 2025
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