economic uncertainties News

Gold Prices Soar to Unprecedented Heights Twice in a Single Day Amid Global Economic Uncertainties

Gold prices reached record highs twice in one day, driven by global economic uncertainties and trade war concerns. The Saigon Jewelry Company reported significant increases in gold...

March Sees Unexpected Drop in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence unexpectedly dropped in March, with the Consumer Confidence Index falling to 57 from February's 64.7. The decline reflects widespread concerns across all dem...

Global Gold Prices Edge Higher Amid Economic Uncertainties and Tariff Tensions

Gold prices are on the rise globally, with spot gold holding steady at $3,019.72 an ounce. The market is reacting to potential U.S. tariff plans, which could fuel inflation and hin...

Gold Prices Experience Significant Drop After Surpassing Historic Highs: What Investors Need to Know

Gold prices have seen a notable decline after reaching historic highs, with Saigon Jewelry Company's gold bar prices dropping nearly 3% from their peak. Globally, gold fell 1% due ...

Bank of England Holds Steady: Interest Rates Remain at 4.5% Amid Economic Uncertainties

The Bank of England has decided to keep the interest rate unchanged at 4.5%, citing ongoing economic uncertainties and challenges in meeting the inflation target. Despite progress ...

Gold Prices Soar to Unprecedented Heights Twice in a Single Day Amid Global Tensions

Gold prices hit unprecedented highs twice in one day, with significant increases in both gold bar and ring prices. This surge is attributed to global tensions and economic uncertai...

Wall Street Dips as Investors Weigh Trump Policies and Gaza Conflict Impact

Wall Street opened lower on Tuesday as investors grappled with the uncertainties surrounding US President Donald Trump's policies and the renewed conflict in the Gaza Strip, leadin...

Uncertainties Loom as Wall Street Dips: A Closer Look at Market Reactions

Wall Street experienced a downturn at the opening bell, with major indexes like the Dow Jones and Nasdaq 100 facing losses. Investors are wary of the economic and geopolitical unce...

US Stock Market Surges: Dow Jumps 200 Points Amid Economic Uncertainties

The US stock market opened higher with the Dow Jones gaining 200 points amid economic uncertainties. Tech and beauty stocks led the surge, while the euro strengthened against the d...

Gold Prices Soar to Unprecedented Heights Amid Global Economic Uncertainties

Gold prices have reached a new record high, driven by global economic uncertainties and a cooler-than-expected U.S. inflation print. Analysts predict further increases, with a targ...

OPEC Maintains Global Growth Forecast at 3.1% for 2025 Amid Economic Uncertainties

OPEC has maintained its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively. The report also provides steady GDP growth projections for the US, Eurozon...

Delta Air Lines Adjusts Q1 Expectations Amid Economic Uncertainties

Delta Air Lines has revised its first-quarter guidance for fiscal 2025, citing economic uncertainties affecting consumer and corporate confidence. The airline now expects a modest ...

Global Economic Uncertainties Fuel Slight Rise in Gold Prices

Gold prices have seen a slight increase globally, influenced by a weakening dollar and uncertainties around U.S. trade policies. Experts remain optimistic about gold's outlook, cit...

South Korea's Loan Growth Hits Record Low Since 2008, Triggered by Global and Domestic Uncertainties

South Korea's loan growth hits a record low since 2008, influenced by global and domestic uncertainties. The annual loan growth rate dropped to 3.8%, with significant impacts on va...

ECB Unanimously Decides on Rate Cuts: Lagarde Highlights Economic Uncertainties

ECB President Christine Lagarde announced a unanimous decision to cut interest rates, highlighting the positive impact on borrowing and lending. Despite uncertainties, the ECB rema...

Fed's Barkin Advocates for Cautious Rate Strategy Amid Inflation Uncertainties

Federal Reserve Bank of Richmond President Tom Barkin discusses the challenges of managing inflation and interest rates amidst economic uncertainties, including tariffs and labor s...

South Korea's Household Loans Dip for the First Time in 10 Months Amid Rising Economic Concerns

South Korea's household loans saw their first decline in 10 months, decreasing by 900 billion won in January. This shift is attributed to economic uncertainties and a slowdown in h...

Fed Chair Powell Assures No Rush in Adjusting Policy Stance Amid Economic Uncertainties

Federal Reserve Chair Jerome Powell reaffirms the central bank's cautious stance on adjusting monetary policy, emphasizing a data-driven approach to future decisions and readiness ...

ECB Maintains Neutral Rate Estimate Amidst Economic Uncertainties

The European Central Bank (ECB) reaffirms its neutral interest rate estimate between 1.75% and 2.25%, acknowledging the challenges in its application due to economic uncertainties ...

January Sees UK Construction Sector Entering Contraction Zone Amid Economic Uncertainties

The UK construction sector entered contraction in January 2024, with the PMI dropping to 48.1 due to declines in residential work and civil engineering, amidst economic uncertainti...

Fed's Goolsbee Cautions Against Hasty Rate Cuts Amid Economic Uncertainties

Chicago Federal Reserve President Austan Goolsbee emphasizes the need for caution in cutting interest rates due to economic uncertainties and the challenge of distinguishing betwee...

Goolsbee Advises Caution: Navigating the Complexities of Rate Cuts Amid Economic Uncertainties

Chicago Federal Reserve President Austan Goolsbee emphasizes the need for caution in cutting interest rates due to economic uncertainties, highlighting concerns over potential infl...

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion Amid Economic Uncertainties

Intel Corporation reports a 7% decrease in Q4 2024 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts a challenging Q1 2025, in...

Intel Faces a 7% Revenue Drop in Q4, Signaling Challenges Ahead

Intel Corporation reported a 7% decrease in Q4 revenue for 2024, totaling $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts Q1 2025 reven...

Intel Faces a Challenging Quarter: A 7% Revenue Drop to $14.3B in Q4

Intel Corporation reported a 7% decrease in Q4 revenue to $14.3 billion for fiscal year 2024, with a significant drop in GAAP diluted loss per share. The company forecasts Q1 2025 ...

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion

Intel Corporation reported a 7% decrease in Q4 2024 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company's annual revenue also saw a 2% dec...

Intel Faces a 7% Revenue Drop in Q4, Signaling Challenges Ahead

Intel Corporation reported a 7% decline in Q4 2024 revenue to $14.3 billion, with a significant GAAP diluted loss per share of $0.03. The company forecasts Q1 2025 revenue between ...

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion

Intel Corporation reports a 7% drop in Q4 revenue to $14.3 billion, with a significant GAAP diluted loss per share. The company also forecasts a challenging first quarter of 2025, ...

Gold Surges Over 1% Amid Economic Uncertainties and Trump's Tariffs Impact

On Thursday, precious metals saw a significant price increase, with gold jumping over 1% due to economic uncertainties and the impact of Trump's tariffs. The US GDP growth fell sho...

Manufacturing Sector Faces Challenges: A Cloudy Forecast for Q1 Amid Economic Uncertainties

The manufacturing sector anticipates a tough Q1 with declining sales, influenced by economic uncertainties and domestic instability. Retail sales have plummeted, marking the steepe...

Indian Stock Market Dips: Sensex and Nifty50 Show Early Losses Amid Economic Uncertainties

Indian stock markets, including BSE Sensex and Nifty50, experienced early losses due to economic uncertainties. Expert analysis suggests a consolidation phase for Nifty, while glob...

India Surpasses Global Peers to Become Second-Largest Gold Buyer in 2024, Trailing Only Poland

In 2024, global central banks increased their gold reserves, with India becoming the second-largest buyer after Poland. This trend underscores the growing preference for gold as a ...