Currency markets

Case for gold fever: NewEdge Wealth sees record rush intensifying

The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year…

Why cautious investors may want to look beyond high-yield savings accounts

Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active…

Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy

Argentina’s Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his…

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate…

Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…

Russian ruble slumps to near 17-month low, briefly moves past 100 against dollar

The Russian ruble briefly notched 100 to the U.S. dollar on Monday, nearing a 17-month low as President Vladimir Putin‘s economic advisor blamed loose monetary…

Argentina markets slide after far-right libertarian Javier Milei’s win in primary vote

Pressure built on Argentina’s currency and stocks on Monday after a far-right libertarian who wants to axe the central bank…

Why substituting cryptocurrency for gold exposure may be a costly mistake

Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

Home advantage? Why investors may want to avoid the international trade

Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO…