Economy

Economy
Economy

Aluminium recyclers warn of EU ETS hit, copper nears record highs

European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU ETS).  The reform, designed to give companies more time to decarbonise, includes changes to benchmark values that determine the free allocation of carbon allowances.   According to Norman Liebke, FX and commodity analyst

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Economy

ING sees gold near $5,000/oz by year‑end despite current weakness

Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role.  ING strategist Ewa Manthey says the sell‑off reflects macro headwinds from higher oil prices, stronger yields, and a firmer dollar, but forecasts prices could still rise to $5,000 per ounce by year‑end. Source: ING Research Gold’s counterintuitive decline Gold is

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Economy

Venice Token price: Why this AI crypto coin is soaring and what next

The Venice Token price has continued its strong surge this month and is now trading at its all-time high. VVV token was trading at $15.2 on Sunday, a few points below the record high of $16.65. It remains nearly 1,500% above its lowest level in December last year.  Venice Token price rallying amid growing usage

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Economy

These 4 software stocks are pulling out of SaaSpocalypse now

SaaSpocalypse – a fear-driven sell-off where investors worried artificial intelligence (AI) would cannibalize traditional software-as-a-service providers – is finally hitting a wall. While the iShares Expanded Tech-Software ETF (IGV) remains down for the year, a powerful 14% surge over the last month suggests a structural turnaround. According to JPMorgan technical strategist Jason Hunter, the software

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Economy

Nvidia stock hits new all-time high: should you buy or take profits?

Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8 and $217.7 intraday on Friday before easing back toward the $215.80 level. The latest rally has reignited a familiar debate that follows every big leg

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Economy

Tesla stock climbs 3% to breach $400 again: what’s behind the surge?

Shares of Tesla (NASDAQ: TSLA) climbed on Thursday, rising above the $400 mark as improved sales data from China supported investor sentiment despite ongoing concerns around the company’s long-term strategy. The stock was up around 3% at $409.70 in early trading. China sales provide boost Tesla sold 79,478 vehicles from its Shanghai plant in April,

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Economy

Dow jumps 448 points on Iran deal hopes, AI rally lifts stocks

Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued enthusiasm around artificial intelligence-driven growth. Stock indices advanced after reports suggested Washington and Tehran were nearing a deal to end the conflict. The Dow Jones Industrial Average rose 448 points, or 0.91%,

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Economy

AB InBev stock jumps 9% as earnings beat and beer volumes defy slump

Shares of Anheuser-Busch InBev rose sharply on Tuesday after the world’s largest brewer reported first-quarter results that exceeded analyst expectations, supported by resilient beer demand and a return to volume growth. American depositary receipts climbed 9.3%, building on gains earlier this year, after the company posted adjusted earnings per share of 97 cents, up from

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Economy

Bitget CFD volume surges to $8B as gold trading drives accelerated growth

Victoria, Seychelles, May 4, 2026— Bitget, the world’s largest Universal Exchange (UEX), has recorded a new milestone in its CFD business, with daily trading volume reaching $8 billion, less than half a month after surpassing $6 billion in March. The surge comes amid a broader rise in global gold demand and trading activity. Investment demand

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Economy

Brent crude oil price forecast as Trump threatens to attack Iran

Brent crude oil price rose for two consecutive weeks, reaching its highest point since March 16 this year. It ended the week at $109 as investors reflected on the ongoing developments in the Middle East, where the fragile ceasefire between the United States and Iran continued. Donald Trump reviewing the Iran proposal Brent crude oil

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