World Gold Council data confirmed by the ECB shows gold holdings exceeded U.S. Treasuries for the first time as central banks diversify reserves. Gold officially overtook U.S. Treasuries as the world’s top reserve asset in January, according to European Central Bank data.
Most Middle East and North Africa currencies faced net selling in May as rising US rate expectations and inflation concerns weighed on frontier markets. Middle East and North Africa currencies came under pressure in May as carry trade unwinds and rising US rate expectation
Kuwaiti air defenses engage multiple ballistic missiles and drones reportedly launched from Iran amid escalating Gulf tensions. Kuwaiti air defenses intercepted hostile missile and drone attacks targeting Ali Al Salem Air Base, with reports of 4-5 explosions. The strikes f
China’s daily crude imports fell to 6.36 million barrels in May as geopolitical tensions halved inflows from pre-war levels. China’s crude oil imports averaged 6.36 million barrels per day in May, down sharply from 11.40 million barrels in February, as the Iran conflict di
The New Zealand Dollar weakens against the USD after robust US labor-market figures boost the greenback ahead of NZ economic releases. The NZD/USD pair dropped to near 0.5930 on Wednesday, pressured by a stronger US Dollar following better-than-expected labor-market data.
US job openings rose to 7.618 million in April, exceeding forecasts and bolstering USD demand against the NZD. The NZD/USD pair declined 0.15% to near 0.5930 on Wednesday as the USD strengthened following stronger-than-expected US labor-market data. April’s Job Openings an
US sanctions Iranian crypto exchanges over terror links The US Treasury Department has blacklisted several Iranian crypto exchanges, including Nobitex, citing links to terror and other crimes. The move is part of the US campaign against the Iranian government.
NRXP seeks to raise capital through an underwritten offering, with underwriters granted a 30-day option for additional shares. NRx Pharmaceuticals (NRXP) announced plans for an underwritten public offering of common stock. The clinical-stage biopharmaceutical firm will gra
India's central bank offloaded $12 billion in gold reserves to support foreign exchange reserves strained by rising crude prices and a weakening currency. India’s Reserve Bank of India likely sold $12 billion in gold over two weeks ending May 22 to stabilize foreign exchan
Analysts expect ChargePoint to post a loss of $1.01 per share on $95.85M revenue for Q1 2027. ChargePoint Holdings (CHPT) will release its Q1 2027 earnings on Wednesday, June 3, after the market closes. The company is projected to report a loss of $1.01 per share and reven