Economy

Economy
Economy

BoE holds rate but narrow vote fuels expectations of spring rate cut

The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided

Read More
Economy

ECB holds rates steady as global risks overshadow easing inflation

The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy

Read More
Economy

Snap stock price loses key support as North America user growth fades

The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback

Read More
Economy

France widens criminal probe into Elon Musk’s X after Paris office raid

French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a long-running criminal investigation. What began as a probe into alleged algorithm abuse and data practices has now expanded to include complaints linked to the platform’s artificial intelligence chatbot, Grok, as well as

Read More
Economy

Why the US economy is holding together and what breaks once it doesn’t

The US economy has recently taken hits that would have stalled most developed systems. Tariffs were announced and withdrawn, then reintroduced. Trade relationships were tested. Government spending surged while policy direction changed repeatedly. But despite all that, growth stayed firm and markets kept moving higher. The US President argues that’s a sign of hidden strength.

Read More
Economy

Nio stock price crash gains steam as vehicle deliveries surge: is it a buy?

Nio stock price continued its recent downward trend even after the company announced a big increase in its January deliveries. It crashed to a low of $4.52, its lowest level since August last year and 43% below its highest point in September last year. This article explores whether it is safe to buy the dip.

Read More
Economy

Polygon price forecast: POL surges 12% on ERC-8004 standard adoption

Polygon’s POL is one of the best performers among the top 100 cryptocurrencies by market cap. The coin takes a breather above $0.11 after adding 11% to its value in the last 24 hours. The rally comes as Polygon recorded its largest monthly burn of more than 25 million POL tokens in January. This latest

Read More
Economy

Brazil’s central bank signals March rate cuts, warns policy must stay restrictive

Brazil’s central bank signalled it is ready to start reducing interest rates in March but insisted borrowing must remain expensive and decision-making regarding the magnitude and length of the easing cycle must be gradual, based on incoming macroeconomic data. Policymakers maintained the benchmark Selic rate at 15% for the fifth straight time, and the guidance was

Read More
Economy

Analysis: gold rebounds over 6%, silver 14% as correction paves way for buying opportunity

After a roller-coaster start to 2026, both gold and silver prices plummeted in the last couple of trading sessions. But, prices have started to rise again on Tuesday as gold surged more than 6%, while silver nearly 14% from Monday’s close. Experts believe that prices are likely to stabilise and even recover further, especially for

Read More
Economy

Morning Brief: Asian stocks slide as Korea tumbles; China manufacturing grows

Asian markets opened the week under heavy pressure as a sharp selloff in South Korean equities set the tone for the region, while investors weighed mixed signals from China’s manufacturing sector, steep losses in precious metals, sliding oil prices, and a major leadership development at Walt Disney. Asian markets lead declines as South Korea tumbles

Read More