Gold (GC=F) December futures opened at $4,577 per troy ounce on Friday, August 21, 2026, up 0.1% from Thursday’s closing price. The price of gold is up this morning at $4,633.90 per troy ounce as of 9 a.m. ET. Gold continued to rise Friday morning amid concerns about U.S. debt. Earlier in the week, the…
Hyundai Motor is considering expanding production capacity at its Georgia assembly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO JosĆ© MuƱoz told CNBC on Thursday. The South Korean automaker said following publication of the interview that the plans are under consideration but not yet confirmed. At the upper end…
Crude oil imports into China are set to rise by about 1.2 million barrels per day in the final quarter of the year from the current one, although they will likely remain lower than pre-war levels, Bloomberg has reported, citing energy consultancies. Oil purchases by Chinese refiners are climbing back towards 10 million barrels daily…
By Yoruk Bahceli, Ben Welsh, Dhara Ranasinghe and Rocky Swift LONDON/NEW YORK/TOKYO, August 20 (Reuters) – U.S. debt has topped $40 trillion for the first time, underscoring the pressures on the world’s major economies to fund ever-increasing spending demands — from ageing populations to climate change and defence. This year, the Iran war has rekindled…
By Leika Kihara TOKYO, Aug 21 (Reuters) – The Bank of Japan has set next year’s July policy meeting just in time for its two hawkish board members to vote before their five-year terms expire, a scheduling quirk that could prove crucial āfor how high Japanese interest rates may ultimately rise. Under a calendar of…
By Karen Brettell NEW YORK, Aug 21 (Reuters) – The U.S. Treasury’s move to expand purchases of older long-dated bonds has revived a familiar worry in foreign-exchange markets: if Washington will not let borrowing costs rise, will the dollar end up absorbing the adjustment instead? On Wednesday, Treasury said it would at least double the…
BENGALURU, Aug 21 (Reuters) – India’s private sector activity edged slightly higher in August from an over four-year low as a ārebound in services growth offset the weakest expansion in the āfactory industry in half a decade, a survey showed. ā¢ HSBC’s flash India Composite Purchasing Managers’ āIndex (PMI), compiled by S&P Global, rose to…
NEW YORK (AP) ā U.S. stocks rose Friday and trimmed their losses from a shaky week. That was even though the bond market, which has been the center of Wall Street’s action, remained jumpy and continued to add pressure. The S&P 500 rose 0.4% for just its second gain in the six days since setting…
BTC is sitting right at the local 0.618 Fibonacci level, and this area is lining up with a hidden bearish divergence on momentum. Hidden bearish divergence is developing on the momentum oscillator The larger structure still resembles a major Head & Shoulders The neckline has already been tested and broken/reclaimed multiple times A confirmed breakdown…
š„ THE MARKET DOESNāT HAVE A BIAS ā YOU DO. Read that again. The market doesnāt care that you called it bullish. It doesnāt care that you mapped a bearish order block. It doesnāt care that your higher timeframe structure āshouldā continue. Thatās YOUR interpretation. Your bias is nothing more than a hypothesis built from…
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