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Wall Street is on track for one of its worst years yet on record as the Federal Reserve hikes interest rates to combat 40-year high inflation, increasing the likelihood of a recession.The Dow Jones...
Gold bulls appear to have caught a break from this week’s blitzkrieg that sent the yellow metal’s prices to 10-month lows. The question is will it last? And when will the pivotal...
Issuers of exchange-traded funds (ETF) have been racing to launch metaverse-focused products, eyeing the fast-expanding sector that is expected to reach $5 trillion by 2030. Almost a year after...
Stocks have continued to rally post the latest FOMC minutes, in anticipation of tonight’s US unemployment print, with Wall Street and European markets both pushing much higher. The USD continued...
This year's market rout is forcing investors to seek refuge in stocks that pay steady dividends Defensive stocks are most likely to withstand any fallout from rising interest rates and persistently...
Gold firmed after falling to a nine-month low.The yellow metal is down 16.5% from its Mar. 8 all-time high. What's interesting about this is that gold is supposed to be an inflation hedge. The price...
The WTI and Brent benchmarks fell below the $100 mark in trading on July 6 and 7 after significant declines on July 5, when Brent dropped 9% and WTI dropped 8%.The question is whether prices will...
The average American is cranking the air conditioner up more than ever since summer began, and the next ten days are forecast to be sweltering.Yet, it might not be enough to prevent another selloff in...