The major US stock indices are closing lower for the day and lower for the week. The decline this week is the 5th consecutive weekly decline. The S&P decline is the worst string in 4 years. A look at the closing levels shows: Dow industrial average-793.78 or -1.73% at 45166.33. S&P index fell -108.49 or…
Silver (XAG/USD) price turns positive on Friday after posting back-to-back bearish sessions, as heightened tensions in the Middle East decreased the white metal’s safe-haven appeal, prompting traders to turn to the US Dollar (USD). Nevertheless, buyers emerged, pushing XAG/USD higher and driving it near the $70.00 figure, up 2.70%. XAG/USD Price Forecast: Technical Outlook Silver…
Commerzbank economists Dr. Henry Hao and Volkmar Baur say China’s industrial profits surged early in 2026, led by AI-related electronics, but this strength predates the recent energy shock. With higher Oil prices now squeezing downstream margins and ending producer-price deflation via cost-push inflation, they argue the PBoC is unlikely to allow a strong CNY appreciation…
United Kingdom CFTC GBP NC Net Positions climbed from previous £-65.5K to £-58.4K Source link
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…
Next Week’s Menu: March 28-April 3, 2026 March 27, 2026 Central Banks: Monetary stances will be reviewed in Israel, Colombia and Jamaica. Minutes from the last Reserve Bank of Australia policy review and a summary of the last Bank of Japan Board meeting get published. Goolsbee, Williams and Musalem of the Fed, Swiss National Bank…