Author: Admin
Silver price (XAG/USD) gains nearly 4%, trading around $75.50 during the European hours on Monday. The technical analysis of the daily chart timeframe suggests the price of the precious metal remains within an ascending channel pattern, suggesting a persistent bullish bias.The 14-day Relative Strength Index (RSI) at 66.57 remains bullish without entering overbought territory. RSI has turned higher again, reinforcing improving bullish pressure.The nine-day Exponential Moving Average (EMA) rises well above the 50-day EMA, and the XAG/USD pair holds over both, preserving an upward bias. Both averages maintain positive slopes after a sustained advance. Momentum stays supportive while the metal…
U.S. oil companies will repair infrastructure in Venezuela, President Donald Trump tells reporters.
United States (US) President Donald Trump gave a press conference at his residence in Mar-a-Lago. Trump confirmed the capture of Venezuelan President Nicolás Maduro and his wife: “Maduro and his wife both will face US justice,” Trump said, adding the US will be running Venezuela until they can do a safe, proper, and judicious transition. Key takeaways: Air, land, and sea were used in the Venezuela operation.This was one of the most stunning, effective, and powerful displays of US military might and competency.All Venezuelan military capacity was rendered powerless.The lights of Caracas were turned off due to a certain expertise…
“I’ve already listed them as beneficiaries on my 401(k).”
Highlights include US and Canada jobs, ISM PMIs, EZ and Chinese Inflation, and potential Fed Chair pick Newsquawk SUN: OPEC+ MON: European Epiphany holiday (No After-Hours Trading in Italy); UK Mortgage Approvals/Lending (Nov), US ISMManufacturing PMI (Dec), Final PMIs (Dec) TUE: European Epiphany holiday (No After-Hours Trading in Italy); French & German Prelim HICP (Dec), EZ Final PMIs (Dec),UK Final PMIs (Dec) WED: Australian CPI (Nov), German Retail Sales (Nov), Unemployment (Dec), Chinese FX Reserves (Dec), EZ Flash HICP(Dec), US ADP (Dec), ISM Services (Dec), JOLTS (Nov) THU: SNB Minutes (Dec); German Industrial Orders (Nov), Swedish Flash CPIF (Dec),…
Trader Peter Tuchman wears “2026” glasses as traders work on the floor of the New York Stock Exchange at the opening bell on Dec. 31, 2025.Timothy A. Clary | Afp | Getty ImagesThe new year is starting off with the stock market looking as split as it did last year. The first trading day of 2026 kicked off Friday, with the stock market as bifurcated as it had been in recent months. Though the S&P 500 started the session higher, carried aloft by semiconductors, it has since sputtered and turned lower as the day wore on. The broad market index…
We are experiencing extreme demand for physical precious metals at BullionStar. Each day the market is open is breaking new records both in terms of sales revenue and number of orders. Bullion Center Despite serving up to nine customers concurrently, the record demand has resulted in extreme queuing times. On several days last week, hundreds of customers were waiting, with queue times reaching up to eight hours and lines extending well outside the building — even with all counters fully staffed and operating. Our management team has been on the ground in the Bullion Center daily, helping to serve customers…
US equities opened 2026 on a cautious note, with the S&P 500 and Nasdaq essentially flat as strength in semiconductors offset weakness elsewhere in technology. The Dow Jones found some footing on Friday after an early plunge through the overnight session, holding steady near where the first trading day of 2026 started.Looking ahead, Wall Street strategists remain broadly bullish on US equities through 2026. The latest CNBC strategist survey points to an average S&P 500 target of 7,629, implying double-digit upside for the year. Some strategists expect market leadership to broaden beyond mega-cap technology, with rotation into regional banks and…
“I’m retired and 72.”
EUR/USD opened the year with marginal losses, trading around 1.1740 at the time of writing after having peaked at above 1.1800 in late December. Most currencies have wavered within tight ranges in a calm session in Asia, with trading volumes still thin as markets in China and Japan remain closed for the New Year celebrations.From a wider perspective, the pair remains at a short distance from the three-month highs at 1.1808 seen right before Christmas. The US Dollar USD) depreciated about 14% against the Euro in 2025, weighed by market concerns about US President Donald Trump’s erratic trade policies, signs…