Will the price of gold keep going up? April 22, 2025 The US-China trade war rumbles on. Investors are digging their trenches. The dollar is losing its force while the price of gold is going ballistic. A week ago, UBS made what some saw as a bold prediction that gold would reach $3,500 per ounce by December 2025. That milestone has already been hit. Scarred stockholders [...]
FTSE 100 down after US stocks slump April 21, 2025 The FTSE 100 opened seven points down on Tuesday morning, following a major US market slump on Bank Holiday Monday. US stock markets took another hit on Monday, with the S&P 500 closing down 2.38 per cent – at 5,158 – while the Nasdaq fell 2.5 per cent and and Dow Jones slumped 2.48 per [...]
Will US Fed chair Jay Powell be fired by Trump? April 17, 2025 The fate of US Federal Reserve chair Jay Powell looks increasingly uncertain as the Trump administration ramps up pressure on the central back to cut rates faster. Powell has been resolute that he will not be influenced by Trump’s attempts to sway the Fed, instead sticking to its mission of bringing down any inflation that [...]
S&P 500 slumps on open as Treasury yields remain elevated April 10, 2025 US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting [...]
Exclusive: Former Bank of England policymaker calls for interest rates to be held amid high inflation April 10, 2025 A former Bank of England rate-setter has suggested that high inflation levels call for interest rates to be held at 4.5 per cent in May. The majority of investors and analysts are expecting the Bank to cut interest rates next month to ease low growth concerns, with up to three more cuts priced in until [...]
US economy grows less than expected but households remain resilient January 30, 2025 Figures from the Bureau of Economic Analysis (BEA) showed that the world's largest economy grew at an annualised rate of 2.3 per cent in the final three months of the 2024.
US inflation rises slightly but core prices weaker than expected January 15, 2025 US inflation rose at a slightly weaker pace than expected last month, but it is unlikely to be enough to prompt the Federal Reserve into cutting interest rates in the near future. The latest figures from the Bureau of Labor Statistics showed that the headline rate picked up to 2.9 per cent in December, up [...]
Pound endures week of misery amid gilt sell-off January 10, 2025 The pound came in as the worst-performing G10 currency for a second day running yesterday, as the gilt market continues to trade at decade-long highs. After spiking as high as $1.255 on Tuesday, the pound has since fallen to $1.229, its lowest point since October 2023. “What makes the current situation particularly noteworthy is that [...]
Resurgent inflation fears drive global sell-off in government debt January 8, 2025 Government bonds suffered a major sell-off on Tuesday as fears about the potential persistence of inflation continued to build.
Why the gold price will continue to rally in 2025 December 28, 2024 The untrammelled ascent of bitcoin has occupied the attention of many market watchers of late, with Donald Trump’s election to the White House sending the cryptocurrency – and others like it – on an eye-watering tear. Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while [...]