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Economy

Markets

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Citi forecasts gold to hold flat near-term, then rally to $5,000 by 2027

The bank expects a renewed uptrend from Q4 2026, with spot prices reaching $4,500 an ounce this year and $5,000 in early 2027.

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European stocks near record highs as earnings beat expectations

Strong corporate results from HSBC and Bayer boosted risk appetite, while consumer sector weakness limited gains.

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Copper prices rise as exchange data shows inventory falls sharply

Stocks at major exchanges dropped significantly, fueling supply concerns and pushing prices to two-month highs.

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Gram gold opens higher in Turkey on August 4

Gold prices rose 0.2% from the previous close as ongoing US-Iran talks kept geopolitical risks in focus.

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South Korea weighs tighter curbs on high-risk leveraged ETFs

Authorities are considering new measures to rein in single-stock leveraged ETFs after retail investors suffered steep losses and trading volumes tumbled.

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Jim Cramer says FDA approval makes J&J a high-tech innovator

The FDA granted De Novo marketing authorization for Johnson & Johnson's OTTAVA Robotic Surgical System, the world's first table-integrated soft-tissue robotic platform.

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Dow Rallies 550 Points on Trump Reversal; Oil Prices Plunge

Blue-chip index gains as investors react to shift in US trade stance, while crude slides.

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DexCom technical analysis suggests potential new impulsive cycle

Elliott Wave patterns indicate bullish targets if resistance levels are breached

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Boeing stock rises following double upgrade

Analysts suggest shares have the potential to reach $450.

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Brazil’s oil production reaches record high in June

Rising supplies from non-Middle East producers offset disruptions caused by conflict in Iran

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Marriott International shares decline amid Middle East tensions

Ongoing conflicts in the Middle East are impacting the company's financial performance.

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Deutsche Bank maintains year-end gold target amid 'explosive' price phase

Analysts suggest gold's upward trend remains statistically ongoing since August 2024

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American Bitcoin reports record BTC output and narrower Q2 loss

The Nasdaq-listed mining company increased mining revenue to $67 million during the second quarter.

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National Stock Exchange of India launches new closing auction session

The shift in auction mechanics led to unexpected price spikes and chart volatility

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US Dollar, Euro, and British Pound hit record highs against Turkish Lira

Currency volatility continues as major global denominations reach unprecedented levels against the Lira.

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Ripple invests in Zilo and Licuido to expand tokenized asset access

The investments aim to boost collateral mobility and issuance on the XRP Ledger infrastructure

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Historic families sell €731 million stake in Anheuser-Busch InBev

The stake sale by founding family owners follows a rise in share price at the start of the year.

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Shein weighs cost reset for late-stage investors ahead of Hong Kong IPO

The retailer may offer cash payouts and share adjustments to align with a lower valuation.

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US dollar index falls in July, marking first monthly decline in two months

The index dropped below the 100 level for the first time since mid-June amid market uncertainty regarding Fed policy.

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Fanuc Shares Plunge Most in Four Decades

Factory robot maker's lower-than-expected profit outlook raises material cost fears.

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Turkish IPO market logs 28 listings in first 7 months of 2026

A surge of 12 offerings in July pushed total fundraising to about 63 billion Turkish liras, topping several full-year counts.

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Iron Ore Hits Low on Demand Outlook

The commodity's slide reflects a challenging demand outlook and bearish technicals.

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China government bond futures begin trading in Hong Kong

HKEX launches offshore futures, opening China's debt market to international investors without QFII quotas

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Bessent Says US Ready for More Yen Intervention

The US Treasury chief said the US would not hesitate to intervene again in currency markets, though Japan's own position was not specified.

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Chevron positioned as top pick for higher-for-longer oil market in 2026

Record US upstream production and strong cash flow support outlook amid rising energy costs

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US stock market faces jobs report and major earnings week

Upcoming employment data and additional corporate earnings reports are set to impact market volatility.

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1983 Steve Jobs signed business card up for auction

The Gem Mint 10 item has reached bids over $70,000, following a previous $180,000 sale.

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Moderna shares see upward movement after period of sideways trading

Analysts suggest a potential recovery toward the $85.60 resistance level if support holds.

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H.C. Wainwright reiterates buy rating for Madrigal Pharmaceuticals

The investment firm maintains its positive outlook on the company following recent performance.