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TheCryptagon

TheCryptagon
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Gold Near Record Highs, Poised for Fourth Weekly Gain on Fed...

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Gold prices rose in Asian trade on Friday, hovering close to record highs, as signs of a slowing U.S. labour market reinforced expectations of...

Oil Futures Fall on Oversupply Pressure and Softer US Demand

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Oil prices extended their decline on Friday, adding to heavy losses from the previous session. Concerns about weakening U.S. demand and global oversupply outweighed...

Asia FX Rises on Ongoing Dollar Weakness and Fed Rate Cut...

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Most Asian currencies inched higher on Friday while the U.S. dollar extended losses, as traders held firm on expectations for a Federal Reserve interest...

UBS Lifts Gold Price Forecast to $3,800 an Ounce by End...

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UBS raised its gold price forecast on Friday, lifting its target by $300 to $3,800 per ounce by the end of 2025 and by...

Paramount and Skydance Reportedly Eyeing Bid for Warner Bros Discovery

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Paramount Skydance is preparing a potential bid for Warner Bros Discovery, according to a source familiar with the matter, in what could be one...

Goldman: China to Speed Up Crude Oil Stockpiling Through 2026

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China is expected to ramp up crude oil stockpiling this year and continue through 2026, according to Goldman Sachs, as Beijing seizes on lower...

Bitcoin Jumps to $115K as Rate Cut Fuels Rally, But Risks...

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Bitcoin prices edged higher on Friday, supported by a broader rally in risk-driven assets as markets continued to bet on a Federal Reserve interest...

Germany’s Inflation Holds at 2.1% in August

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Germany’s inflation rate was confirmed at 2.1% in August, according to official figures released by the federal statistics office on Friday. The data matched...

ECB’s Villeroy Leaves Door Open to Another Rate Cut

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European Central Bank (ECB) policymaker Francois Villeroy de Galhau stated on Friday that he would not rule out the possibility of further monetary policy...

UK GDP Data Reveals Zero Growth in July

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The UK economy showed no growth in July, according to official data released on Friday, matching economists’ expectations after a strong 0.4% rebound in...
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