Gold prices hit a new peak of $4,383.73 per ounce on Monday. This surge was driven by anticipated U.S. Federal Reserve rate cuts and continued demand for safe assets. A weaker dollar also made gold more attractive to international buyers. Investors are now expecting two rate cuts in 2026, increasing gold’s appeal.Read More
The yen weakened against major currencies after the Bank of Japan maintained its cautious stance on future interest rate hikes, despite a recent quarter-point increase. Officials expressed concern over sharp currency movements and hinted at potential intervention, but markets remained unimpressed by the lack of hawkish signals.Read More
Oil prices saw an increase on Monday. This rise followed the U.S. intercepting a Venezuelan oil tanker. Geopolitical events are driving this market movement. Reports of a Ukrainian drone strike on a Russian vessel also contributed. Market sentiment suggests peace talks may not yield quick results. These factors are currently outweighing oversupply concerns.Read More
State Bank of India chairman CS Setty anticipates corporate investment will resume as consumption stabilizes. The bank projects India’s economy to grow over 7.5% in FY27. SBI aims to avoid equity dilution for the next five years and targets becoming the first bank to achieve 1 lakh crore in annual net profit.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
