Gold edged higher after four days of losses, with traders scaling back bets on more Federal Reserve easing after Chair Jerome Powell downplayed the likelihood of a December interest-rate cut https://t.co/P882J8THyp ...

Cryptocurrency Market - Bitcoin (BTC) has surged 3.6% to trade at $118,747.48, while Ethereum (ETH) climbed 4.3% to $4,375.18, indicating strong investor interest and momentum in the cryptocurrency market [3][10]. Commodities Market - Gold is holding firm near its recent peak, driven by ongoing U.S. shutdown risks and the market's anticipation of a more accommodative stance from the Federal Reserve [4][10]. UK Economic Outlook - The UK economy is facing a challenging fiscal outlook, with reports indicating a potential hole in public finances following a productivity downgrade. However, Chancellor Reeves is reportedly set to reverse plans for higher business rates for retailers, providing some relief to the retail sector [5][10]. Japan's Bond Market - Japan's government bond market is experiencing declining investor demand for 10-year government bonds amidst political uncertainty, with the 20-year JGB yield increasing to 2.625% [6][10]. Corporate Developments - Volkswagen (VWAGY) is reportedly taking steps to revive its troubled tech unit, which is considered key to the company's future and underscores its commitment to technological innovation [7][10].

The US government just shut down. Wall Street normally shrugs off shutdowns, but things could be different this week. With the government closed, we won't get Friday's crucial labor market report, and that's a problem because the Fed wants clean labor market data.And it's also coming at a time where the labor market is showing signs of cracking. The stoppage also complicates CPI data collection for the inflation report that's due in just around 2 weeks. And there's one new variable this time.The Trump admin ...

Core Insights - Silver futures have outperformed gold in recent months, rising 27% over the past three months compared to gold's 15% increase, and 58% year-to-date versus gold's 45% [1] Group 1: Silver Market Dynamics - Silver futures are currently trading around $46, approaching its historical high of $48.70 set in January 1980 [2] - There is a fundamental deficit in the silver market, with demand exceeding supply, leading to increased investor interest in silver through ETFs and physical holdings [3] - The industrial demand for silver spans various sectors, including electronics and medical applications, contributing to a bullish outlook on the metal [3] Group 2: Gold Market Trends - Gold futures are holding near record highs above $3,875 an ounce, driven by expectations of Federal Reserve easing and strong foreign central bank demand [4] - Analysts from Goldman Sachs predict gold could reach $4,000 by mid-2026, with a potential upside scenario of $5,000 by the end of next year due to rising concerns over Federal Reserve independence [5] - Precious metals, including palladium and platinum, have also seen significant rallies of 44% and 79% respectively in 2025, influenced by a weaker US dollar [5] Group 3: Economic Context - The US dollar index has decreased by approximately 10% year-to-date, making dollar-priced commodities cheaper for foreign buyers [6] - Precious metals have historically performed well during periods of dollar weakness, delivering average real annualized returns of around 15% [6]

[Music] All right, good morning everybody. You're taking a look at live shots of the opening bell on a Wall Street on this Tuesday morning. Blue Owl ringing the bell down at the NYSE while Krenetics Pharmaceuticals getting things started up at the NASDAQ market site.Welcome to Opening Bid. Miles in for Brian Sazzy who is on assignment on this the final day of the third quarter. 75% of 2025 will be in the books at the close of business today.If you are behind on your New Year's resolutions, it's too late. Ti ...

Are we in a market bubble. Well, it depends on who you ask. At the moment, AI is the hot trade.Stocks have surged and some valuations look a bit stretched. A bubble happens when prices rise way above what something is actually worth. That's fueled by hype, speculation, maybe even a little bit of FOMO.Everyone piles in until reality hits and the bubble bursts. Think the dot boom. Huge gains, little earnings, and a big old crash that followed.But there are reasons that people think this rally still has legs. ...