silver

Morgan Stanley says investors should consider this port in the market storm right now

Morgan Stanley says investors should consider this port in the market storm right now

The great sell-off in the pound, credited with exacerbating the global market rout last week, is expected to continue to wreak havoc on Monday. Old Blighty’s economic woes add to a growing list of market worries, pushing more investors into the dollar and out of perceived riskier assets such as US stocks and oil. Wall …

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The pound sterling falls to a record low against the dollar |  CNN Business

The pound sterling falls to a record low against the dollar | CNN Business

CNN Business — The British pound fell to a new all-time high against the US dollar of $1.035 on Monday, falling more than 4%. The fall came at the opening of trade in Asia and Australia on Monday, extending a 2.6% decline from Friday – and boosting forecasts that the pound could plunge to parity …

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The pound sterling falls to a record low against the dollar |  CNN Business

The pound sterling falls to a record low against the dollar | CNN Business

CNN Business — The British pound fell to a new all-time high against the US dollar of $1.035 on Monday, falling more than 4%. The fall came at the opening of trade in Asia and Australia on Monday, extending a 2.6% decline from Friday – and boosting forecasts that the pound could plunge to parity …

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Don't look for a stock market bottom until a rising dollar has calmed down.  Here's why.

Don’t look for a stock market bottom until a rising dollar has calmed down. Here’s why.

It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar continues to soar against its rivals, market analysts say. Global equities suffered a bruising week, with the S&P 500 narrowly avoiding its lowest close of the year on Friday. Meanwhile, a key U.S. …

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Gold and silver see modest gains on safe haven demand, short cover

Gold and silver see modest gains on safe haven demand, short cover

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here! (Kitco News) – Gold and silver prices are firmer Thursday midday in the US. Heightened geopolitical concerns have prompted mild safe-haven demand and are keeping …

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Gold and silver are feeling pressure from hawkish central banks

Gold and silver are feeling pressure from hawkish central banks

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here ! (Kitco News) – Gold and silver prices are slightly lower Tuesday at noon in the United States. The hawkish monetary policies of the US …

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El Salvador's credit plummeted again and Bitcoin may be partly to blame

El Salvador’s credit plummeted again and Bitcoin may be partly to blame

Nayib Bukele, President of Bitcoin in El Salvador. Photo: Marvin Recinos (Getty Images) Shocker folks, it turns out El Salvador’s decision to make bitcoin legal tender wasn’t such a good idea after all. This week, the credit agency Fitch downgraded El Salvador’s debt rating from CCC to CC about 14 months after the company’s tech …

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