Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's closest European allies. Poland, backed by aircraft from other NATO, shot down drones that had violated its airspace on Wednesday, the first time a member of the Western military alliance is known to have fired during Russia's war in Ukraine. Russia said its forces had been attacking Ukraine at the time and that it had not intended to hit any targets in Poland. Trump told reporters in Washington...
Silver (XAG/USD) extended its decline during the Asian session on Wednesday (5/14) sparking some extended selling. The white metal dropped to a fresh intraday low, although the mixed technical setup warrants caution before positioning for deeper losses. Source: Newsmaker.id
Gold fell on Wednesday, giving back gains from the previous session, as easing trade tensions between the U.S. and China continued to weigh on its safe-haven appeal. Additionally, bullion found some support after the annual U.S. inflation rate eased to 2.3% in April—the lowest since February 2021 and below market expectations of 2.4%. The report supported the non-yielding metal, as it gave the Federal Reserve more latitude to continue with potential interest rate cuts. Source: Newsmaker.id
Silver prices rose, recovering from losses in the previous session as initial enthusiasm over the US-China trade deal began to fade, leading to broader market caution. The rally followed weekend negotiations in Switzerland, where Washington and Beijing agreed to reduce tariffs to 10% and 30% respectively for a 90-day period, marking a significant, if temporary, de-escalation in trade tensions.As of this writing, Silver prices were at $32,926 Source: Newsmaker.id
Gold prices are trading on a positive note, After a decline of over 2.70% on Monday, it is trading around $3,250, up 0.42%. A weaker-than-expected US inflation report and a trade truce between China and the US could keep Gold prices capped below $3,300.The US inflation data for April was slightly lower than expected by market participants on a monthly basis. The yearly figures were in line with projections, indicating that the effects of tariffs have not yet been reflected in the "hard data".Until this news was released, the price of gold was at the level of $ 3,247 Source: newsmaker.id
Silver prices jumped nearly 2% to above $33 an ounce on Tuesday, recovering from losses in the previous session as early enthusiasm over a U.S.-China trade deal faded, leading to broader market caution. The rally followed weekend negotiations in Switzerland, where Washington and Beijing agreed to reduce tariffs to 10% and 30% respectively for a 90-day period—marking a significant, if temporary, de-escalation in trade tensions. Source: Newsmaker.id
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's...