Zimbabwe ZiG: Gold-backed currency stays stable despite risks
Zimbabwe’s gold-backed currency, ZiG, has held steady this year as adoption continues and the country’s economy improves. The USD/ZWG pair was trading at
Investing
Investing
Forex markets remain range-bound ahead of key economic releases
Financial markets traded cautiously early Thursday as investors awaited fresh economic data from Europe and the United States for further direction. Market participants
Investing
Sterling holds firm despite sharp drop in UK business activity
The British pound traded largely unchanged against the US dollar on Thursday as investors focused on developments surrounding the Iran war, while also
Economy
IBM, QBTS, other quantum stocks surge after report of $2B Trump funding push
Quantum-computing stocks surged in premarket trading on Thursday after a Wall Street Journal report said the Trump administration plans to award roughly $2
Economy
Sterling holds firm despite sharp drop in UK business activity
The British pound traded largely unchanged against the US dollar on Thursday as investors focused on developments surrounding the Iran war, while also
Economy
US jobless claims fall to 209,000 as US labour market remains relatively stable
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even
Economy
Walmart stock falls as retail giant warns on profit outlook
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit
Economy
Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders
Economy
IMF warns France on fiscal risks as deficit lingers
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag
Economy
Geopolitics and the price of silver today: a practical framework
Precious metals have always been a barometer of global unease. Wars, sanctions, currency crises, and confidence shocks have been moving silver and gold