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Gold futures climbed on Thursday, putting an end to a streak of declines that spanned seven sessions — the longest in more than three years. August gold rose $3.20, or 0.2%, to settle at $1,739.70 an ounce, a day after marking the lowest most-active contract settlement since late September 2021. … Source: Marketwatch

HM Treasury has today announced the appointment of Ashley Alder as the new Chair of the FCA. Ashley is currently Chief Executive Officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has held since 2011. Ashley also chairs the Board of the International Organization of Securities Commissions (IOSCO) and sits […]

The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult. 320 Total views 4 Total shares Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting […]

Published: July 7, 2022 at 2:20 p.m. ET Shares of Amazon.com Inc. rallied 2.0% in afternoon trading Thursday, putting them on track to close above its 50-day moving average (DMA), which many chart watchers view as a short-term trend tracker, for the first time since April 19. The 50-DMA came in at $114.65 on Thursday […]

U.S. stocks closed higher on Thursday, with the S&P 500 and Nasdaq Composite clinching a fourth straight day of gains, as investors reacted to a recent drop in commodity prices. The S&P 500 SPX, +1.50% rose 57.54 points, or 1.5%, to close at 3,902.61. The Nasdaq Composite COMP, +2.28% gained 259.49 points, or 2.3%, to […]

The dollar remains close to fresh highs on Thursday, the minor retracement was also reflected in revived modest demand for risk, the key Asian and European markets gain more than 1%. Demand for safe assets came pressure, investors dump long-term bonds of matured economies. Yield on 10-year Treasuries is once again targeting the 3% mark.Commodity […]