Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts emphasized Trump's history of randomly imposed tariffs. Silver led the precious metal rally with a spectacular surge to $94.08 per ounce—an all-time record—before settling at $93.15 with a robust 3.6% gain. Gold advanced 1.6% to reach $4,671 per ounce after touching an unprecedented high of $4,689.
Market observers note...
BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
A massive digital services tax targeting American technology companies has become the catalyst for a complete breakdown in trade relations between the United States...
European officials have drawn a firm red line around the bloc's Digital Markets Act, rejecting American demands for modifications to regulations affecting major US...
President Trump's aggressive tariff strategy appears to be producing unintended consequences, with Chinese exporters successfully redirecting their products to UK markets. May's 16.1% export...
The global oil market experienced significant jitters as a declared ceasefire between Israel and Iran came under immediate scrutiny, causing oil prices to fluctuate...
The threat of Iran closing the Strait of Hormuz has sent jitters through global oil markets, with prices experiencing significant fluctuations. The Iranian parliament's...
Apple's market value plummeted by approximately $70 billion after Donald Trump declared his intention to impose a 25% tariff on iPhones not manufactured in...
The Organization for Economic Co-operation and Development (OECD) has sounded a clear alarm about the trajectory of the global economy, significantly lowering its growth...
Andrew Bailey, the Bank of England governor, has directly linked the heightened volatility in financial markets and the uncertainty surrounding UK interest rates to...
