Zimbabwe ZiG: Gold-backed currency stays stable despite risks
Zimbabwe’s gold-backed currency, ZiG, has held steady this year as adoption continues and the country’s economy improves. The USD/ZWG pair was trading at
Investing
Investing
Forex markets remain range-bound ahead of key economic releases
Financial markets traded cautiously early Thursday as investors awaited fresh economic data from Europe and the United States for further direction. Market participants
Investing
Sterling holds firm despite sharp drop in UK business activity
The British pound traded largely unchanged against the US dollar on Thursday as investors focused on developments surrounding the Iran war, while also
Economy
IMF warns France on fiscal risks as deficit lingers
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag
Economy
Geopolitics and the price of silver today: a practical framework
Precious metals have always been a barometer of global unease. Wars, sanctions, currency crises, and confidence shocks have been moving silver and gold
Economy
Dow, S&P 500 fall as oil prices rise and Nvidia fails to lift sentiment
US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while
Economy
Crypto platform Blockchain moves ahead with confidential IPO filing
Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public
Economy
Oil spikes over 3% as Iran nuclear standoff threatens supply from Hormuz
Oil prices surged more than 3% on Thursday after Iran’s supreme leader ordered that enriched uranium must remain inside the country, a move
Gold
Target posts strongest sales growth in years: Is growth back for good?
Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround
Gold
Dow slips as Nvidia rally lifts Nasdaq ahead of crucial earnings
US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia,