Bond yields look set to rise this year, despite the possibility of at least two Federal Reserve rate cuts. Even a small increase in yields can be a problem. ...

Bitcoin has successfully regained its footing above the $90,000 threshold following a brief decline toward $89,000 yesterday. The leading cryptocurrency rallied from approximately $89,200 to roughly $92,000 over six hours, supported by substantial spot trading activity exceeding $39 billion, according to Coingecko’s market data. The upward momentum follows strong employment data published by the Bureau of Labor Statistics earlier today. Strong Jobs Data Sparks Rally: Fed Rate Hold at 97% Odds The repo ...

Bitcoin eased to around $91,000 on Friday, as Asian markets opened slightly higher and traders lined up the next catalysts, the US nonfarm payrolls report and a possible Supreme Court ruling on President Donald Trump’s tariffs. Early moves in the region stayed measured. Shanghai rose 0.58%, the SZSE Component added 0.36%, and Hong Kong’s Hang Seng gained 0.40% to 26,254.50. The China A50 slipped 0.16%, showing a more cautious tone in large-caps. Investors treated crypto the same way. Prices moved in a ...

Find out which banks are offering the best CD rates right now. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about where CD rates stand today and how to find the best rates available. Banks with the best CD rates today CD rates are relatively high compared to historical averages. That said, CD r ...

Core Viewpoint - Bitcoin experienced a peak of over $126,000 in 2025 but ended the year down about 5%, underperforming the S&P 500, which rose by more than 16% [1][8]. Group 1: Bitcoin's Performance and Market Sentiment - Bitcoin's decline in 2025 marked its first drop since 2022, when it fell by 65%, indicating growing investor concerns about its high valuation [3]. - The initial days of 2026 have shown positive momentum for Bitcoin, with prices climbing above $90,000, raising questions about its potential to reach previous highs [1][3]. Group 2: Potential Catalysts for Recovery - A significant catalyst, such as the announcement of a new Federal Reserve chairman willing to cut rates, could positively influence investor sentiment towards Bitcoin [4]. - Favorable government policies, including the establishment of a Bitcoin reserve by the White House, could also support Bitcoin's recovery [5]. Group 3: Limitations to Bitcoin's Rally - Economic concerns, including a rising unemployment rate of 4.6% in November, may dampen retail investors' appetite for risky assets like Bitcoin [6]. - Bitcoin's recent drop in value suggests it may not be perceived as a safe asset, contrasting with gold's performance, which continued to rally [7]. - If economic conditions do not improve, Bitcoin's value may not surge, even with supportive government policies for the crypto market [9].

Photographer: Laura Proctor/Bloomberg It makes little sense, when viewed from early April, that Canadian equities are closing out their second-best year this century. Donald Trump had just unleashed the harshest tariffs since the Great Depression, effectively choking off trade and tearing up a trade agreement he had negotiated. The US president was also openly musing about annexing Canada, stoking unfathomable tensions between the two longtime allies. Political turmoil in Canada added to the unease. Mo ...

After a year with double-digit gains across the major indexes, light New Year’s Eve trading extended a late‑December pullback today. The S&P 500 (SNPINDEX:^GSPC) fell 0.74% to 6,845.50, the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 0.76% to 23,241.99, and the Dow Jones Industrial Average (DJINDEX: ^DJI) slipped 0.63% to 48,063.29. Market movers Chinese EV makers Nio (NYSE:NIO) and Xpeng (NYSE:XPEV) were among notable Nasdaq decliners today. Nio erased some of yesterday's gains, but still finished the we ...

Gold and silver had a rocky end to a year that saw the precious metals reach all-time highs.After trading at new highs in thin, post-Christmas trading, both metals collapsed Monday in a margin-driven selloff, rebounded sharply Tuesday — then slid again early Wednesday as the bounce ran out of steam.Gold sank more than 4% Monday to around $4,355 an ounce after peaking near $4,565 late last week, before clawing back ground Tuesday as dip buyers rushed in. 3 Gold and silver were slammed by a violent selloff ...

Industry Overview - Gold prices have surged to new all-time highs, trading above $4,500 per ounce, marking a year-to-date gain of approximately 71%, the strongest annual performance since 1979 [1][2] - Factors driving this rise include strong central bank purchases, robust investor inflows into gold-backed ETFs, and geopolitical tensions that enhance gold's appeal as a safe-haven asset [2][3] Agnico Eagle Mines (AEM) - Agnico Eagle Mines operates as a senior gold producer with mines in Canada, Australia, Finland, and Mexico, focusing on regions with lower political risk [4] - In 2024, Agnico produced approximately 3.4 million ounces of gold, with reserves providing about 15 years of mine life at current rates [4] - The company reported all-in sustaining costs (AISC) around $1,373 per ounce in Q3, maintaining costs in the second quartile of the global curve, allowing for margin expansion as gold prices rise [5] - Agnico's net cash grew to $2.16 billion, and long-term debt was reduced by $400 million to $196 million, with Moody's upgrading its debt profile to A3 from Baa1 [6] - Analysts highlight Agnico's operational efficiency and focus on low-risk mining areas as key contributors to its strong performance during the current gold rally [7] Barrick Mining (B) - Barrick Mining is one of the largest gold and copper producers globally, with a portfolio that includes six Tier One gold assets capable of producing over 500,000 ounces annually at low costs [8] - Despite year-over-year production declines due to asset sales and unplanned downtime, Barrick's gold production rose 4% sequentially, maintaining full-year guidance of 3.15 million to 3.5 million ounces [9] - Higher gold prices resulted in record operating cash flow of $2.4 billion and free cash flow of $1.5 billion, enhancing shareholder returns through a 25% dividend hike in Q3 and stock buybacks [10][11] - Barrick's growth projects in Nevada and Africa are advancing on schedule, positioning the company for sustained production, while its mix of gold and copper exposure adds leverage to commodity uptrends [11] - Despite its stock tripling in 2025, Barrick remains a buy to capture substantial upside in gold [12]

Core Insights - Gold and silver have reached historic highs, with gold surpassing $4,500 an ounce and silver exceeding $75 for the first time, driven by expectations of Federal Reserve rate cuts, a declining US dollar, and rising global tensions [1][10][16] Market Performance - Gold has increased approximately 73% for the year, marking its strongest annual performance since 1979, while silver has surged by 150% to 160%, significantly outpacing gold's gains [4][16] - Spot gold reached a record high of $4,530.60 an ounce earlier in the session before stabilizing above the $4,500 mark [2][14] Economic Factors - The anticipated pivot of the Federal Reserve towards an easing cycle, including interest rate cuts, has reduced the opportunity cost of holding non-yielding assets like gold, making it more attractive compared to bonds and cash [5] - A weaker US dollar has further enhanced gold's appeal, making it cheaper for international buyers and driving global demand [5] Geopolitical Influences - Increased safe-haven buying has been observed due to rising geopolitical risks, including tensions in Venezuela, instability in the Middle East, the war in Eastern Europe, and recent US military actions in Nigeria [6] Central Bank Activity - Central banks, particularly in China, India, and Poland, have aggressively accumulated gold, purchasing over 1,000 metric tons for the third consecutive year, indicating a strategic shift to diversify reserves away from the dollar [12]