By Sukanya MitraGold prices slipped on Tuesday, weighed down by a firmer dollar, while investors looked ahead to the Federal Reserve's policy meeting for fresh guidance on the outlook for interest rates.Spot gold TVC:GOLD eased 0.3% to $4,004.55 per ounce by 0721 GMT, while US gold futures TVC:GOLD...
After 2022, Europe made itself a promise: never again would its winter depend on a country at war. Four years later, it does. Only the country has changed. While public attention has been mostly focused on...
Published Tue, Oct 27, 2026 · 03:43 PMCHINA’S unprecedented property crisis has just reached another flashpoint, as one of the country’s biggest local-government-owned conglomerates struggles with debt...
Elon Musk has a 'failure warning' for these technology companies; says: Investors have already started betting against themElon Musk has warned that most “neoclouds”, startups that rent out computing power...
MLex Summary: The risk of financial stress triggered by the artificial intelligence industry remains limited given the sound finances of leading companies, but vulnerabilities are building as long-term interest rates rise, South Korea’s central bank said in a report published Tuesday. The Bank of Korea identified delays in AI monetization, difficulties in accurately assessing risks and the potential for circular financing to amplify the spread of shocks through the financial system as key concerns. It urged particular attention to potential risks at specialist AI cloud=service providers, or neocloud providers, and AI labs with limited financial resources and low transparency. It added that South Korea could face stronger spillovers than in the past if an AI-driven crisis emerges, given its close links to global supply chains.
Dollar Firms as Central Bank Week Begins; Budget Risk Hangs Over Sterling The dollar firmed on Tuesday as a rebound in tech stocks revived risk appetite. Traders are bracing for five central bank decisions in...
Every £1 of economic activity that the logistics sector generates directly creates a further £1.04 across the wider economy. That is the headline finding of new research from business group Logistics UK,...
The Japanese Yen (JPY) continues to underperforms its peers amid caution ahead of the Bank of Japan’s (BoJ) monetary policy announcement on Friday. In the European trade on Tuesday, the US Dollar (USD) is up 0.22% at around 157.80 against the Japanese currency.
Overview: Based on Arc Cycle Analysis applied to the 2h chart, Australian Dollar / U.S. Dollar is testing the 0.786 Resistance Arc within the current Arc Cycle. Bullish momentum is slowing near this boundary, and a failure to break the Arc could open the potential for a downside rebound.
From 9m agoIntroduction: HSBC profits jump 32%Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.As he puts the finishing touches to tomorrow’s budget,...
Asia’s fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand. South Korea’s economy grew much faster than expected in the July-September quarter amid booming demand for chips used in artificial intelligence (AI). Gross domestic product (GDP) expanded 1 percent on a quarterly basis, or 3
Sentiment among German exporters improved considerably in October. The ifo Export Expectations rose to 12.2 points, up from 9.0 points in September. That’s the highest level since February 2022. “The automotive industry in particular has significantly revised its export outlook upward,” says Klaus Wohlrabe, Head of Surveys at ifo. “The signs also point to export growth in many other industrial sectors.”
UPI/Yonhap NewsCanada is moving faster on stablecoin regulation after releasing rules that would allow non-banks to issue the tokens. Unlike proposals in South Korea, the Canadian government did not include...
minutes agoEsme AshcroftPolitical reporter for Gloucestershire BBCShane has been prepping for more than 20 yearsAdvice was issued by the government last week in a bid to encourage us all to stock up on...
hours agoShannen Headley,West MidlandsandChris Steers,West MidlandsBBCPre Ramteke wants to buy her first home but says saving for a deposit while paying rent remains a challengePre Ramteke pays around £900...
Oil prices declined as renewed Middle East diplomacy raised hopes of peace, although ongoing attacks and the possibility of fresh U.S. military action against Iran kept supply concerns elevated.
USD/IDR halts its four-day winning streak, trading around 18,170 during Asian hours on Tuesday. The pair pulled back after reaching a nearly five-month high of 18,216 on Monday. However, the Indonesian Rupiah (IDR) continues to face downside risks due to growing fiscal concerns.
Donald Trump's biggest economic problem looks strangely familiar13 minutes agoMichelle FleuryNew York business correspondentGetty ImagesUS President Donald Trump and his predecessor Joe BidenThe White House...
Have you ever wondered how food gets to your local supermarket’s shelves, or how medicines get to your local hospital? For over 16,000 people in my constituency, they don’t wonder, they do it. They work in...
There are a couple of key expiry levels to take note of on the day, as highlighted in bold below.The first is for EUR/USD at the 1.1175 level, with the strike holding roughly within 10 pips of the spot price....
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that the government is prepared to take decisive steps in the foreign exchange market. Katayama added that officials will closely monitor market moves with heightened urgency, including at this moment.
The Federal Reserve holds its interest rate-setting meeting of the Federal Open Markets Committee (FOMC) on Tuesday and Wednesday. On Wednesday at 2:00pm, the Committee will announce the rate de...