Recent expectations of interest rate hikes and rising bond yields are making it costly to hold gold.
Author: Global Macro News Desk
The CEO of Vale, one of the world’s largest metal producers, assessed the current state of the metal markets.
Apple unveiled its highly anticipated Siri AI at the WWDC 2026 event, but it failed to live up to expectations.
Russia is reportedly planning to increase refinery operations in June while reducing crude oil exports in order to prevent potential fuel supply shortages in the domestic market. According to sources familiar with the matter, Russia aims to increase processing capacity as refineries across the country complete maintenance work. Preliminary data suggests that crude oil shipments through Russia’s major western export terminals—Primorsk Port, Ust-Luga Port, and Novorossiysk Port—are expected to decline from approximately 2.5 million barrels per day to 1.7 million barrels per day. Sources say that this decline stems not only from increased refinery demand but also from a drop…
Analysts argue that, despite the decline, the latest nonfarm payroll data does not signal the end of the bull market in U.S. markets.
Following Israel’s attacks on Lebanon, Iran launched missile strikes against Israel today. The strikes were intercepted by air defense systems.
Nvidia CEO Jensen Huang is in South Korea to discuss various partnerships in the artificial intelligence (AI) sector.
Donald Trump said that the release of Iranian assets would depend on Iran’s behavior following the agreement.
According to a repot, the U.S. Nonfarm Payrolls released on Friday was overhyped, and it does not necessarily mean Fed will raise interest rates.
The leaders of Europe’s largest countries will gather in London today to meet with the Ukrainian president regarding the war with Russia.
