The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to reduce risk in large cap stocks. Among the index's contributors, Tencent was a major drag, with its shares falling by around 2.3%, putting pressure on the technology sector, which has recently been a driving force behind market gains. Weakness in large cap companies like this typically quickly impacts sentiment due to their significant weighting in...
Silver prices moved steadily in today's trading, Wednesday (December 18, 2025), holding near their all-time high. This precious metal remains attractive to investors amid increasing global uncertainty, particularly regarding geopolitics and the direction of US interest rate policy. The main support comes from escalating international tensions, including the situation in Venezuela and US pressure on energy-producing countries. This situation has prompted investors to seek safe assets, and silver has once again been seen as a hedge, in line with gold's movement, which has also remained near...
World oil prices have risen again after falling to their lowest level in four and a half years. This increase occurred as investors weighed rising geopolitical risks, from Venezuela to Russia, amid the prospect of a still-tight global oil supply. West Texas Intermediate (WTI) crude oil traded just below USD 57 per barrel after rising 1.2% on Wednesday. Meanwhile, Brent crude closed just below USD 60 per barrel. The United States is preparing to impose new sanctions on the Russian energy sector to pressure the Ukraine peace deal, and has declared a blockade on Venezuelan oil exports, fueling...
Gold prices remain high and are moving steadily near their record high. Bullion is trading around USD 4,340 per ounce, only about USD 40 below the all-time high reached last October. This increase comes after gold surged 0.8% in the previous session. Market participants are now focused on the release of US inflation data on Thursday. This data is crucial because it could provide clues as to whether the US Federal Reserve will continue cutting interest rates. If inflation slows, the chances of an interest rate cut could increase, which typically supports gold prices. In addition to economic...
Gold rose above $4,340 an ounce on Wednesday, nearing October's record highs, as investors bet on further Fed easing and sought safe havens amid renewed geopolitical tensions. Fed Governor Waller said rates could be up to a percentage point lower, citing near-stalled job growth and a cooling labor market. Earlier in the week, US labor data reinforced signs of a cooling job market. The unemployment rate climbed to 4.6%, its highest level since 2021, while a larger-than-expected increase in payrolls in November failed to fully offset October's sharp slowdown. Meanwhile, geopolitical risks...
Silver surged more than 4% to above $66 per ounce on Wednesday, hitting fresh all-time highs as investors increasingly price in two interest rate cuts in early 2026. Support came from comments by Fed Governor Christopher Waller, a leading contender for the Fed chair role, who said US borrowing costs should be up to one percentage point lower. Waller warned that job growth has slowed to near zero and called for measured rate cuts next year to help support employment. Earlier in the week, US labor data reinforced signs of a cooling job market. The unemployment rate climbed to 4.6%, its...