Timely insights on global market trends, industry developments, and investment shifts.
Global Rate Cut Sends Local Metals Soaring The recent rate cut by the Federal Reserve (Fed) in the United States, a 25-basis-point decision, has sent shockwaves through global financial markets. Among the biggest beneficiaries are safe-haven assets such as gold and silver. On Indian exchanges, the MCX Gold & Silver Price surged, reflecting renewed investor…
Migros’ vending machine expansion poses a challenge to Selecta, leveraging self-service technology in Switzerland’s retail sector.
The Decision: Bank of Canada Holds Interest Rate at 2.25% The Bank of Canada (BoC) has decided to keep its key policy rate at 2.25 percent, a move that reflects its view that the Canadian economy remains resilient despite global uncertainties. Officials said that current economic data show stable growth and manageable inflation pressures, giving…
Explore the impact of the Fed’s rate cut on ^GSPC and market volatility. Learn how investors are reacting.
Explore the recent Westpac outage, its impact on banking services, and future implications for financial tech infrastructure.
What Happened: XRPUSD Loses Key Level, Traders React The cryptocurrency pair XRPUSD has come under renewed sell pressure after it failed to sustain a breakout above $2.12. This failure to hold the resistance level triggered a wave of profit-taking among traders and sparked bearish sentiment across crypto markets. According to recent reports, XRP slumped after…
What Just Happened: Rate Cuts and a Market Surge The Federal Reserve has recently cut its key interest rate again, the third rate cut of the year, triggering a strong rally in global stock markets and bond funds. According to official statements, the move aims to ease borrowing costs for consumers and businesses, and cushion…
Explore the impact of the recent Fed interest rate cut on markets and investor strategies, amidst internal dissent and external criticism.
Meta Platforms experiences a trading volume surge, reflecting investor interest in potential strategic moves as the market remains volatile.
Explore the environmental and economic impacts of the Gramzow oil spill, including effects on the PCK refinery and potential regulatory challenges.