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XAG bulls test $70 as rally extends
Silver (XAG/USD) prices rally for the third straight day on Friday, up more than 2% and, for the week, gains over 7.40%, as a firm US Dollar (USD) is…
Mark Carney suspends US trade talks and announces retaliatory tariffs
Canadian Prime Minister Mark Carney suspended trade negotiations with the United States late Friday, blaming “unfair” last-minute changes to…
Japanese Yen neutral as it meets resilient US data
The US Dollar (USD) is muted against the Japanese Yen (JPY). USD/JPY traded in the low 159.00s at the time of writing on Friday. In Japan, July…
The author of ‘Sapiens’ says ‘now is the time’ to resist giving AI rights
AI could one day fight for its own “rights,” and Yuval Noah Harari says now is the time to make sure that doesn’t happen. The historian and author of…
Extended policy pause expected from Bank of Thailand – DBS
DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the…
Trump allows tariff-free ground beef imports to lower prices for Americans
President Donald Trump said Friday that he would allow up to 300,000 metric tons of ground beef to be imported into the United States tariff-free for…
Warsh’s Jackson Hole debut and US inflation test a soft US Dollar
The US Dollar Index (DXY) ended the week near even with Thursday, holding near 98.80. Like Thursday, DXY traded down to the 98.50s before recovering…
E. coli and salmonella outbreak tied to alfalfa sprouts sickens 55
A food safety alert has been issued over an E. coli and salmonella outbreak that has sickened dozens of people across 15 states, most of whom…
US Treasury yields extend rebound as Services PMI beats estimates
US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that…
Walmart is giving shoppers something they’ve wanted for years: Apple Pay
Walmart shoppers can now worry less about forgetting their wallets in the car. The company said Friday that it will begin adding tap-to-pay options…