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 Korea's Kospi climbed 0.83%, and the small-cap Kosdaq jumped 0.65%. Australia's benchmark S&P/ASX 200 added 0.41%. Futures for Hong Kong's Hang Seng index stood at 26,464, higher than its last close of 26,086.32. Equities in several parts of the world have been rallying as easing inflation pressures and expectations for U.S. rate cuts boost investor sentiment. "Momentum and the promise of...
Silver prices are supported by global uncertainty following fresh tariffs from US President Donald Trump.The latest FOMC Meeting Minutes stressed the need for more time to assess various factors before considering any interest rate adjustments.The grey metal is supported by strong industrial demand driven by electrification and manufacturing.Silver (XAG/USD) bounced back from recent losses recorded in the previous session, The grey metal is gaining momentum as its safe-haven appeal remains strong amid global uncertainty. US President Donald Trump recently proposed a 25% tariff on cars, along...
Gold prices edged higher to a record high on Thursday morning (2/210) as fresh geopolitical tensions supported demand for the precious asset, with traders looking for past signals that the Federal Reserve is in no rush to cut interest rates.Meanwhile, investors were digesting the latest Fed minutes, which reiterated U.S. policymakers' cautious stance on interest rates amid stubborn inflation and economic uncertainty. Lower borrowing costs tend to benefit bullion, as it does not pay interest. Source: Newsmaker.id
Silver (XAG/USD) prices recovered from intraday losses and turned flat on Wednesday (2/19). The white metal bounced back as its appeal as a safe-haven asset remained strong amid concerns about a global economic slowdown from potential tariffs by United States (US) President Donald Trump. President Trump has threatened to impose 25% tariffs on cars, pharmaceuticals, and semiconductors and that the tariffs could increase substantially next year. Trump added that some tariffs could be imposed in April, the same time frame in which he had planned to unveil a reciprocal tariff plan as...
Gold prices rose to a record high on Wednesday (2/19) on safe-haven demand following US President Donald Trump's latest tariff threats, while investors await the minutes of the Federal Reserve's January policy meeting later in the day. It also follows Trump's recent move to impose a 10% tariff on Chinese imports and a 25% tariff on steel and aluminum earlier this month. Source: Newsmaker.id
Silver prices held above $32.5 an ounce on Wednesday after rising more than 2% over the past two sessions, as global trade uncertainty continued to boost demand for the precious metal as a safe-haven asset. US President Donald Trump said on Tuesday he plans to impose auto tariffs "in the region of 25%" and similar duties on semiconductor and pharmaceutical imports, raising concerns about a broader trade war. Meanwhile, investors are keeping an eye on US-led efforts to resolve the war in Ukraine, which could dampen demand for safe-haven assets such as silver. Silver hit a three-month high...
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...
Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts...