European markets rose for a fifth consecutive session on Wednesday. BMW shares plunged after cutting its annual profit forecast due to Chinese market weakness and geopolitical tensions, weighing heavily on the auto sector as investors await the Fed'…
Despite robust long-term fundamentals for gold and silver, market volatility remains high amid easing geopolitical tensions. Analysts advise investors to await technical confirmation, watch for silver's industrial demand signals, and monitor Fed pol…
US stocks trade mixed prior to Fed Chair Kevin Warsh's maiden policy announcement. Strong May retail sales and shifting geopolitical signals keep traders on edge, while tech rebound and banking highs anchor indices.
According to the US Energy Information Administration, total US crude inventories plunged by 17.2 million barrels to 758.5 million barrels last week, hitting the lowest level since March 1985 amid surging demand and ongoing geopolitical conflict.
China's May economic data showed unexpected weakness with retail sales contracting for the first time since late 2022. Backed by renewed fundamental support and the PBOC's eighth consecutive day of net liquidity injections, CGB yields ticked lower a…
UBS Global Wealth Management has eliminated its 2026 Fed rate cut expectations, postponing the first reduction to March 2027. The firm anticipates a hawkish stance from Chair Warsh's debut meeting as central banks remain cautious over potential seco…