Palladium price remains range-bound with limited upside potential compared to its substitute; platinum. In the short term, it is finding support in the easing of the US dollar rebound and steady safe-haven appeal. Besides, increasing bets on a dovish Fed during its December meeting are a bullish driver. Palladium price forecast points to curbed upside
Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At the time of writing, the bullion was trading at $4,163 an ounce amid heightened bets for a 25 basis point rate cut by the Fed in December.
Crypto prices are rising today, with Bitcoin and most altcoins being in the green. Bitcoin surged above $91,000, continuing the recent uptrend that started last week when it bottomed at $80,000. Other top tokens like Chainlink (LINK), Ripple (XRP), and Merlin Chain (MERL) are also rising. Why Merlin Chain, Chainlink, and XRP are rising Merlin
The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high. Flutter Entertainment faces a £500 million headwind Flutter, the parent company of Fanduel, Sky Betting, Paddy
The FTSE 100 Index rose by nearly 1% as UK bond yields plunged, as the market reacted to the latest budget reading by Rachel Reeves. The index, which tracks the biggest UK companies, rose for the second consecutive day, reaching a high of £9,690, its highest level since November 17. FTSE 100 Index and Sterling
CoreWeave stock price has been in a strong downtrend in the past few months, leading to a $52 billion wipeout as its market cap dropped from $88 billion in June to $35 billion. It has dropped from the year-to-date high of $187.16 to $71.30. So, will it rebound as insiders sell? CoreWeave stock at risk
Blue Owl stock price has been in a freefall and is lagging other top companies in the industry like Apollo, Blackstone, and Ares. OWL has plunged from the year-to-date high of $25.52 to $14.45, while its market cap has dropped from $40 billion to $22 billion today. Blue Owl stock is facing major headwinds Blue
The Hang Seng Index jumped by 1.30% on Tuesday as global investors embraced a risk-on sentiment. It jumped by 1.25% to $26,040, much higher than this month’s low of H$. So, will the blue-chip Hong Kong Index continue its recovery? Hang Seng Index jumps amid risk-on sentiment The blue-chip Hong Kong Index rebound coincided with
A crypto rally is happening today, Nov. 25, with Bitcoin and most altcoins being in the green. Bitcoin price jumped to $87,625, while top altcoins like Bonk, Kaspa, Sui, XRP, and Ethebna were up by over 5% in the last 24 hours. The market cap of all coins jumped to over $3 trillion. Top crypto
The XRP price has moved into a bull market after rising by over 24% from its lowest point this month. It has risen in the last three consecutive days and is now hovering at its highest level in a week. This rebound happened after the successful launch of the Grayscale XRP ETF on Monday. XRP