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The Euro is pulling lower as the US Dollar bounces up from long-term lows.A cautious Powell and strong US Job Openings have provided some support for the Greenback.EUR/USD is under growing bearish momentum after rejection above 1.1800.The EUR/USD pair posts moderate losses on Wednesday, trading near 1.1780 at the time of writing. The US Dollar (USD) is a tad firmer, following strong US employment data and an unyielding Federal Reserve (Fed) Chairman Jerome Powell, who maintained his “wait-and-see” stance at the European Central Bank’s (ECB) Forum on Central Banking in Sintra.The Euro (EUR) eased from multi-year highs at 1.1830 on…
Netflix’s ‘Happy Gilmore 2,’ Hulu’s ‘It’s Always Sunny,’ Paramount’s ‘Star Trek: Strange New Worlds’ and Max’s streaming debut of ‘Sinners’ are the highlights of a slow month
How does it work? The organic compound, called β-cyclodextrin, acts as a molecular “host” that binds with gold ions in solution. This enables it to draw the gold out of the mixture of shredded circuit boards, leaving other base metals behind. The process occurs at room temperature and can be scaled up relatively easily, with the team estimating the method to be commercially viable within the next five years.So why does this matter for Australia and for the gold industry more broadly?For one, it reshapes how we think about gold. Australia is the world’s second-largest producer of mined gold, but…
Jerome Powell, Chairman of the Federal Reserve System (Fed), Christine Lagarde, European Central Bank (ECB) President, participate in a policy panel at the 2025 ECB Forum on Central Banking, alongside Bank of England (BoE) Governor Andrew Bailey and Bank of Japan (BoJ) Governor Kazuo Ueda.Fed Chairman Powell speech key takeaways”The US economy is in a pretty good position.””If we ignore tariffs, inflation behaving as expected and hoped.””We expect higher readings over summer.””We went on hold when we saw the size of the tariffs.””We’re taking time, for as long as the US economy is solid, the prudent thing is to wait.””Solid…
Bank stocks have outperformed the broad market with Goldman Sachs up 23% and JPMorgan Chase up 22% in the first half of 2025.
If you’ve ever typed ‘gold buyers near me’ into a search engine, you’ve likely been flooded with options. Selling your gold should feel effortless and stress-free. Brisbane has no shortage of gold buyers, from boutique kiosks to city-based dealers. The challenge? Knowing who to trust and how to get the best deal for your gold. If you’ve inherited jewellery or have some old but valuable pieces sitting in your drawer, choosing the right buyer to sell your gold to is crucial. Let’s walk you through how to find a reputable gold buyer in Brisbane who will value your gold and…
AMZN Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave (v) of {i}. Direction: Upside in (v). Details: The market appears to be completing a five-wave sequence within wave {i}, with wave (v) currently unfolding. Wave (iii) previously extended, supporting ongoing upside potential in wave (v). AMZN Elliott Wave Technical Analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave (v) of {i}. Direction: Upside in (v). Details: With wave iii and wave i of (v) showing similar lengths, wave v could extend. This extension might drive price action toward the top of Minor Group 1, targeting $230. This…
Equities may have already started to price in more Fed interest rate cuts
In an in-depth interview with BullionStar, economist and former Goldman Sachs and Bear Stearns managing director Dr. Nomi Prins shared her perspective on the accelerating shift in global finance—driven by sovereign debt concerns, geopolitical tensions, and renewed interest in real assets such as gold. Drawing on themes from her books Permanent Distortion and Collusion, Prins outlined the structural disconnect between financial markets and the real economy, and explained why she believes gold is becoming a foundational asset in the emerging monetary order. From Wall Street to a Global Macroeconomic Lens Reflecting on her transition from senior roles at Goldman Sachs…
The Canadian Dollar sharply pared back near-term gains on Friday.US President Donald Trump has announced that his team is ending all trade talks with Canada.Canadian GDP growth contracted in April, adding further downside pressure to Loonie flows.The Canadian Dollar (CAD) backslid on Friday, falling back on a combination of weakening Canadian Gross Domestic Product (GDP) growth metrics and fresh trade tensions with US President Donald Trump. The Trump team appears to be pulling up stakes and abandoning the trade negotiation table entirely, with Donald Trump announcing that he was taking his ball and going home in a social media post…