Economy

Economy
Economy

Commodity wrap: gold flat, oil set for second weekly decline, base metals in green

Gold prices eased and remained flat on Friday due to a stronger dollar against a basket of major currencies. Meanwhile, silver climbed more than 1% on robust industrial demand, with prices outperforming gold comfortably. Oil prices ticked up on Friday on concerns over lower supply from Venezuela. But prices are set for a second consecutive

Read More
Economy

Weak labour market, not inflation, will drive multiple Fed rate cuts in 2026, says Commerzbank

The US Federal Reserve could be on course for several interest rate cuts in 2026, even if a pause is more likely in January, Commerzbank AG said.  The US labour market’s momentum has significantly stalled, with minimal job creation observed in recent months. The US labour market showed surprisingly weak growth in November, with the

Read More
Economy

Interview: OXCCU eyes 2x fossil fuel cost with breakthrough tech, CEO Symes says

UK-based OXCCU is advancing a game-changing one-step power-to-liquids (PtL) process that could dramatically lower the cost of sustainable aviation fuel (SAF) and accelerate aviation’s path to net-zero, CEO and co-founder Andrew Symes tells Invezz. In this exclusive Invezz interview, Symes – an Oxford University chemistry graduate with deep experience in climate tech investing at BP

Read More
Economy

US initial jobless claims drop by 13,000 to 224,000, signaling low layoffs

US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal to the previous week’s sharp spike and points to continued restraint in corporate layoffs. The reading is slightly better than consensus expectations of 225,000 and provided reassurance that labor market conditions

Read More
Economy

Commodity wrap: silver hits new ATH; oil jumps 2% as Trump orders tanker blockade

Silver prices hit fresh record highs on Wednesday, above $66 per ounce. Gold prices also advanced on Wednesday, with softer labour market data from the US on Tuesday signalling a cooling economy.  Meanwhile, oil prices jumped more than 2% as US President Donald Trump ordered the blockade of all sanctioned oil tankers entering and leaving

Read More
Economy

Here’s why the IREN stock price has crashed and why it may hit $20 soon

The IREN stock price made a strong bearish breakout on Monday as it plunged to its lowest level since September this year. It has now erased some of the gains it made a few months ago when it jumped from $5 to $76. This article explores why the IREN share price has crashed and the

Read More
Economy

India’s goods exports rise despite US tariffs: what this means for global trade

India’s merchandise exports surged 19.37% year-on-year in November to reach $38.13 billion, the highest level in a decade. The whopping figure comes even as US tariffs remain punitive. The sharp rebound reversed October’s decline and compressed the nation’s trade deficit to $24.53 billion from a record $41.68 billion. Exports to the United States climbed 21%

Read More
Economy

Silver volatility to continue in 2026; ING Group sees prices averaging $55/oz

Silver has dramatically outperformed gold this year, with prices surging by nearly 100% as of early December. The rally has been marked by sharp swings, driven by shifting economic signals and evolving trade tariff policies, and with high uncertainty persisting, ING Group anticipates further market volatility. The recent strength of silver is attributable to several

Read More
Economy

SpaceX to OpenAI: Mega IPOs set to debut in 2026

The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anticipated domestic offerings, investor appetite is building ahead

Read More
Economy

Coupang stock stuck in a bear market after breach: will it rebound?

Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross? Coupang stock price

Read More