The U.S. economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund said on Thursday. IMF spokesperson Julie Kozack said inflation was on a path to meet the Federal Reserve's 2% target, but there were some risks that could push it higher, largely as a result of tariffs imposed on imports by the Trump administration. "What we've seen over the past few years is that the U.S. economy has proven to be quite resilient. We do see now that some strains are beginning to show," she told a regular briefing....
Silver prices were steady on Wednesday, pressured slightly by a stronger dollar and rising Treasury yields. The move came as strong US economic data reduced the chances of further interest rate cuts by the Federal Reserve. Silver, along with other safe-haven assets, also benefited from uncertainty ahead of US President-elect Donald Trump's inauguration on January 20 and confusion over his tariff plans. In addition, silver gained support from hopes that China, the world's top consumer of the metal, would follow through on its promise to increase monetary and fiscal stimulus to boost...
Silver held above $30.10 an ounce on Wednesday, holding near its highest level in more than three weeks despite pressure from the dollar and rising Treasury yields. The move came as strong U.S. economic data reduced the likelihood of further interest rate cuts by the Federal Reserve. Silver, along with other safe-haven assets, also benefited from uncertainty ahead of U.S. President-elect Donald Trump's inauguration on Jan. 20 and uncertainty over his tariff plans. Silver also gained support from hopes that China, the world's top consumer of the metal, will follow through on its promise to...
Silver rebounds after a challenging year-end performance in 2024. There is good reason to suspect that bullion banks deliberately lowered gold and silver prices in late 2024 to "paint the charts" and influence the year-end closing prices. This tactic seems to make sense, given the solid gains in gold and silver over the year—26% and 21%, respectively. As the new year begins, the gold and silver bull markets are poised to regain momentum and potentially surpass last year's performance. As of this writing, the price of Silver is at $ 30,095 Source: Newsmaker.id
Gold prices were higher in early Asian trade as the yellow metal remains a safe haven for many investors amid geopolitical uncertainty, analysts said. With Trump's upcoming inauguration, gold prices have been boosted by risk-averse sentiment, analysts at CITIC Futures wrote in a note. In the coming weeks, investors will be watching Trump's policy announcements, particularly around tariffs, as a key catalyst for gold. As of this writing, Gold Prices are at $ 2,648
Silver prices rose above $30 an ounce in the mid-day U.S. session on Tuesday, hitting a near three-week high despite a stronger U.S. dollar after strong JOLTS Job Openings and ISM Services PMI data. Looking ahead, investors are focused on key U.S. labor market data this week to assess the outlook for Federal Reserve monetary policy, which could influence the direction of the dollar. Silver is also getting support from the positive economic outlook in China, the world's largest silver consumer. Beijing recently pledged to implement "more proactive" macroeconomic policies and lower interest...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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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...