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Gold hits near 3-week peak on rate-cut bets, US shutdown optimism
Gold prices rose further on Tuesday to hit their highest level in nearly three weeks, helped by growing expectations of another U.S. Federal Reserve interest rate cut in December and signs of an end to the U.S. government shutdown.Reuters
Tue, Nov 11
Bitcoin Price Prediction: Analysts Compare Current Setup To 2020, Could We See A 500% BTC Rally?
The Bitcoin price prediction narrative is heating up again as analysts draw parallels between today’s setup and the 2020 cycle that kicked off Bitcoin’s historic run to new highs. Miners, such as Bitdeer Technologies, report significant revenue gains, and whales appear to be holding steady. This isCryptopolitan
Tue, Nov 11
US Senate passes bill to end government shutdown, sends to House
Senate passes bill to end shutdown, heads to House for approvalDeal restores funding, stalls Trump's workforce downsizing until January 30Democrats express anger over lack of health subsidy guaranteesBy Richard Cowan, Andy Sullivan and Nolan D. McCaskill WASHINGTON, Nov 10 (Reuters) - The U.S...Reuters
Tue, Nov 11
Trump says US faces 'economic disaster' if Supreme Court rules against tariffs
WASHINGTON, Nov 10 (Reuters) - U.S. President Donald Trump said on Monday the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.Reuters
Tue, Nov 11
Japan's rice prices on rise again in test for new prime minister
KISARAZU, Japan, Nov 11 (Reuters) - At a farmer's market not far from Tokyo, more than 100 shoppers queued for a chance to get a kilo or so of Japanese rice for 500 yen ($3.32) by carefully heaping as much of the grain into a small wooden box as possible.Reuters
Tue, Nov 11
Stocks rally, Treasury yields advance on hopes for a US government reopening
NEW YORK/LONDON, Nov 10 (Reuters) - MSCI's global equities gauge rallied 1.4% on Monday while government bond yields rose modestly on bets the record-long U.S. government shutdown will soon end, enabling official data releases to resume to provide much-needed clarity on the state of the economy.Reuters
Tue, Nov 11
Buffett 'going quiet' but backs CEO-designate Abel, plans to keep Berkshire shares
Nov 10 (Reuters) - Warren Buffett on Monday assured Berkshire Hathaway BRKa.N shareholders they should stick around as he prepares to depart as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder.
Reuters
Tue, Nov 11
Trump says he is working on a deal to lower tariff rate on Swiss imports
WASHINGTON/ZURICH, Nov 10 (Reuters) - The United States is working with Switzerland on a deal to lower the 39% tariff rate it faces on exports to the U.S., President Donald Trump told reporters in the Oval Office on Monday, but said he had not yet settled on a new rate.Switzerland has been scramblinReuters
Tue, Nov 11
SoftBank's OpenAI wager in focus as analysts upgrade share price target
TOKYO, Nov 11 (Reuters) - Technology investor SoftBank Group 9984.T reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent its share price soaring.But SoftBank's belief in AI comes with risks amid growing...Reuters
Tue, Nov 11
CoreWeave flags hit from data center delay, shares fall
Nov 10 (Reuters) - Nvidia-backed CoreWeave CRWV.O trimmed annual revenue forecast on Monday, hurt by a delay at a third-party data center partner, taking the shine off a strong September quarter driven by burgeoning demand for AI cloud services.Reuters
Tue, Nov 11
Intel CEO to oversee its AI efforts after executive departs for OpenAI
SAN FRANCISCO, Nov 10 (Reuters) - Intel INTC.O said on Monday its CEO Lip-Bu Tan would oversee the chipmaker's artificial intelligence efforts after the firm's chief technology officer departed for ChatGPT maker OpenAI.Sachin Katti, who has led Intel&#...
Reuters
Tue, Nov 11
Oil settles higher as tight fuel markets offset crude supply concerns
Fuel prices gain on refinery outages, Russian supply disruptionsCrude oil oversupply concerns persist on rising outputUS Senate advances bill to end federal shutdownFlight delays, cancellations in the US accelerateBy Shariq Khan NEW YORK, Nov 10 (Reuters) - Oil prices settled higher on Monday as ...Reuters
Mon, Nov 10
Japan's Nikkei rises more than 1% as US Senate moves to end shutdown
TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average rose more than 1% on Monday, tracking gains in U.S. stock futures on hopes that the historic U.S. government shutdown may end soon.The Nikkei .N225 climbed 1.26% to close at 50,911.76. The broader Topix .TOPX rose 0.56% to...Reuters
Mon, Nov 10
Economic Adviser to Japan's Takaichi: It would be quite risky for BoJ to raise rates in December
Takuji Aida, an economic adviser to Japan’s Prime Minister (PM) Sanae Takaichi, warned on Monday, “it would be quite risky for the Bank of Japan (BoJ) to raise interest rates in December."
Fxstreet
Mon, Nov 10
