Author: Silas W

A Reform UK candidate for the Welsh Senedd elections in May has announced he is standing down because of his mental health, after a photograph emerged of him apparently making a Nazi salute as an imitation of Adolf Hitler. The announcement by Reform comes a day after Nigel Farage defended Corey Edwards, its lead candidate…

Economists have clearly downgraded their outlook for the U.S. economy, concluding that the war with Iran and rising energy prices will weigh increasingly heavily on economic activity in the coming months. At the center of these concerns are higher inflation, weaker consumption, slower GDP growth, and a deteriorating labor market. More and more often, the…

Here is the summary of key events for next week in the US, Eurozone (EU), and UK: United States Retail Sales (Wednesday): Expected to be lifted by strong auto sales, but there is concern that rising energy costs are becoming “demand-destructive,” leaving consumers with less money for discretionary spending. Non-Farm Payrolls / Jobs Report (Friday):…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Equities are feeling the intense heat of the swift return to risk-aversion. US stock benchmarks have dropped to new lows since the conflict began, with the Nasdaq and S&P 500 under the most severe pressure (while the Dow Jones is not there yet). Across the board, major indices are down 1% and more for the…

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West Texas Intermediate (WTI) US Oil rises sharply and trades around $96.00 at the time of writing on Friday, up 3.55% on the day. The Oil market remains driven by heightened geopolitical uncertainty, as investors increasingly price in a prolonged conflict involving Iran, with potential long-term disruptions to global energy supply. After a brief easing…