Trump to Expedite Permitting for 10 Mining Projects Nationwide
The White House on Friday said it will fast-track permitting for 10 mining projects across the United States as part of President Donald Trump’s push to expand critical minerals production. The projects – which would supply copper, antimony and other minerals – have been granted FAST-41 status, a federal initiative launched in 2015 to streamline […]
ECB Reduces Rates, Euro Gains Ground
ECB lowers rates, Euro edges higher The euro is showing little movement on Friday. In the European session, EUR/USD is trading at 1.1369, up 0.09% on the day. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. y5TGV – is a forced measure to prevent JS […]
Analysts Predict Gold Could Reach $4,000 as Confidence in the US Dollar Declines
Stock image. Gold is hitting records in more ways than one. In nominal terms, the yellow metal set multiple new all-time highs this week, exceeding $3,300 an ounce for the first time ever on Wednesday. And on an inflation-adjusted basis, gold also notched a new record price, surpassing the longstanding record set in 1980. There […]
Which Institutions and Government Buildings Are Closed on Good Friday?
What institutions, government buildings are closed on Good Friday Good Friday, a religious day of observance for Catholics and Christians, is not a federal holiday but some business operations are closed for the day. Good Friday comes ahead of Easter celebrations and is one of five Christian celebrations that commemorate the crucifixion and resurrection of […]
GDX Accelerates Its Gold Acquisition Efforts – MINING.COM
Stock image. The dominant gold-miners ETF’s catch-up rally with gold is really accelerating. Traders are increasingly flocking back to gold stocks as their metal soars deeper into the psychologically-huge $3,000s. Despite their mounting gains, gold stocks remain seriously undervalued relative to their metal. They still need to mean revert massively higher to reflect their epic […]
S&P 500 and Nasdaq 100 Bounce Back Following Trump’s Trade Deal Promises, Upcoming Earnings, and US Economic Data
S&P 500, Nasdaq 100 recover as President Trump promises trade deal, earnings and US data ahead Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, […]
Asian Markets Show Gains as Wall Street Remains Stagnant Amid Trade War Uncertainties
Asian markets are mostly higher as Wall Street is stuck in trade war doldrums BANGKOK (AP) — Asian shares are mostly higher in thin Good Friday trading after a bumpy ride on Wall Street, where the Dow industrials lost 1.3% as UnitedHealth lost more than a fifth of its value due to a weaker-than-expected profit […]
Are Trump’s Policies Driving Up Treasury Yields?
One of the biggest surprises to come out of the market turmoil has been the sharp rise in US Treasury bond yields despite rising fears of a recession and investors seeking safe-haven investments. Some of that jump has been reversed, but the rise in bond yields, triggered by a selloff in US government debt, gathered […]
Is Trading Bitcoin Similar to Trading Tech Stocks?
For many years after its inception, bitcoin was seen as an investment that traded unlike traditional assets. But as the cryptocurrency’s tumble thanks to US President Donald Trump’s tariffs demonstrates, these days, it’s trading much like any other risky investment. Bitcoin fell sharply in the wake of Trump’s tariff announcement on April 2, going from […]
Bank of Canada Takes a Break from Rate Cuts, However…
For the first time since last June, the Bank of Canada opted to leave interest rates unchanged, pointing to high uncertainty about the economic outlook brought about by US President Donald Trump’s trade war. This leaves the key overnight interest rate at 2.75%. “The major shift in direction of US trade policy and the unpredictability […]