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BoC’s Macklem: Rate decisions must look beyond initial Oil shock

Bank of Canada (BoC) Governor Tiff Macklem, speaking in Halifax, Nova Scotia, on Monday, offered a cautious assessment of the economy as higher energy prices and US tariffs create competing risks for inflation and growt…

3 min read

Gold declines amid firmer dollar, bets on more Fed rate hike

Gold (XAU/USD) falls on Wednesday, hitting a fresh seven-month low as hawkish Federal Reserve (Fed) expectations and a stronger US Dollar (USD) keep the precious metal under pressure. At the time of writing, XAU/USD tra…

5 min read

Gold: CTA whipsaws but support holds – TD Securities

TD Securities’ commodity strategists report that CTAs (Commodity Trading Advisors) have reversed recent Gold buying, yet emphasize that discretionary investors continue to support the metal. They point out Gold’s resili…

1 min read

US Dollar: Oil-driven support as Fed seen hiking – ING

ING strategist Francesco Pesole notes the Dollar remains supported as ING now expects the Fed to deliver one final rate hike in December. Despite near-term upside risks for the Dollar, ING keeps a gradually negative lon…

2 min read

Strives Buys 1,355 BTC as Bitcoin’s Price Crosses $85K

Matt Cole, the Chairman and CEO of Strive, just announced that his firm has completed another BTC purchase over the past week, accumulating 1,355 units for $107.7 million. This means that the average cost was just inche…

1 min read

U.S. Treasury yields ease on crude pull-back ; rate hike bets stay

Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.

8 min read

Strategy’s Bitcoin Stash Hits 846,000 After Fresh 950 BTC Purchase

After hinting on X about a new purchase, Strategy’s co-founder and former CEO, Michael Saylor, announced minutes ago that his company has resumed its BTC purchases by accumulating another 950 units for $75.7 million at …

1 min read

Silver price edges up as lower Oil, guarded Fed stance temper upside

Silver (XAG/USD) starts the week on a positive note, gaining 0.37% on Monday to trade around $66.50 at the time of writing. The precious metal manages to advance despite a stable US Dollar (USD), with the US Dollar Inde…

4 min read