XAG/USD declines 0.17% on Friday, extending modest losses despite a 6.23% year-to-date gain. Silver prices fell to $75.51 per troy ounce on Friday, down 0.17% from Thursday’s $75.64. The decline comes as the Gold/Silver ratio rose to 59.92, up from 59.44 the prior day, sig
Shoppers drove Costco's Q3 fuel volumes to all-time highs as elevated oil prices pushed consumers to seek discounts. Costco reported record fuel sales volumes in its third quarter, driven by consumers seeking lower gas prices amid elevated oil costs. All three four-week fi
Bank of England Governor Bailey signals tighter monetary stance by removing rate cut expectations amid Middle East uncertainty. Bank of England Governor Andrew Bailey stated the central bank has effectively tightened policy by eliminating near-term rate cut expectations. T
South Korea’s largest crypto exchange lists io net’s IO token, enabling deposits and withdrawals via Solana for decentralized GPU network transactions. Upbit will list io net’s IO token on its KRW market, expanding trading options for South Korean investors. The token oper
Strong corporate earnings from major tech firms drove U.S. equities to all-time highs, supporting futures despite broader market challenges. U.S. equity futures held steady Friday morning following a record-breaking session on Wall Street. The gains were fueled by robust t
The company projects double-digit revenue growth and margin expansion after strong Q4 performance and accelerating bookings. Elastic guided fiscal 2027 revenue to $1.985 billion-$2.0 billion, targeting a non-GAAP operating margin of approximately 19%. The outlook follows a
April’s 5% year-over-year rise marks the sharpest increase in Chinese export prices since 2023, driven by higher oil-linked manufacturing costs. Chinese export prices climbed 5% in April from a year earlier, the steepest gain in three years, as surging oil prices lifted fa
Bank of England incorporates scenario analysis to manage inflation risks from supply shocks like Middle East conflict-driven energy price surges. Bank of England Governor Andrew Bailey outlined the use of economic scenarios to strengthen monetary policy resilience amid hei
May’s preliminary CPI data aligns with expectations, signaling persistent price pressures amid prior month’s 2.7% rise. Italy’s consumer price index rose 3.2% year-over-year in May, matching economists’ forecasts, according to preliminary data. The print follows April’s 2.
May’s preliminary CPI data aligns with expectations, signaling persistent price pressures amid prior month’s 2.7% rise. Italy’s consumer price index rose 3.2% year-over-year in May, matching economists’ forecasts, according to preliminary data. The print follows April’s 2.
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