Gold prices are facing near-term downside pressure and could test key support levels as weaker overall demand combines with rising expectations of higher US interest rates and a stronger dollar. Metals Focus, a specialist precious metals research firm, forecast on Friday that total gold demand will fall 2% this year to 4,177 tonnes. The decline
US stock futures pointed to a steadier open on Monday as chipmakers attempted to recover from Friday’s sharp selloff, though rising oil prices and renewed Middle East strikes kept risk appetite fragile. S&P 500 and Nasdaq 100 futures rose as Nvidia, Broadcom and Micron gained in premarket trading, helping ease some of the pressure from
Bitcoin and the broader cryptocurrency market are having a relief rally following last week’s massive dump. Bitcoin has slightly recovered and is now trading above $63,000. Meanwhile, Solana’s SOL has climbed above $65 after shedding nearly 20% over the past week. However, Solana continues to trade under pressure amid weakening institutional inflows, deteriorating derivatives positioning,
After reaching a peak of $3.65 in July 2025, XRP has fallen about 68.5% and now trades near $1.14, a level not seen in roughly 19 months. The recent decline has accelerated, with XRP down 11.8% over the past week and nearly 18.9% over the last 30 days. The sharp selloff has shifted attention to
The UK’s Financial Conduct Authority (FCA) said on Monday that it plans to introduce a new rule requiring all money market funds (MMFs) to hold sufficient liquidity to ensure adequate resilience during periods of market stress. In a statement, the regulator said the proposal is intended to support its objectives of maintaining financial stability and
Cardano lost 28% of its value in the last seven days, losing its position in the market to become the 15th-largest cryptocurrency by market cap. It has declined below the $0.1700 level, with sentiment largely unsettled by remarks from founder Charles Hoskinson, which briefly intensified uncertainty across the market before being partially clarified. Cardano drops
US stocks opened higher on Monday as semiconductor shares rebounded from last week’s steep selloff, while investors also found some relief in signs that tensions in the Middle East may be easing. The Dow Jones Industrial Average index opened 252 points higher. The S&P 500 rose about 0.94% while the Nasdaq Composite gained roughly 1.34%.
ZIGChain, a blockchain focused on bringing investment products on-chain for institutions and retail users, has announced an integration with Ondo Finance to bring Ondo’s tokenized stocks and ETFs to the ZIGChain ecosystem. The integration is intended to expand access to on-chain exposure to publicly traded U.S. securities, particularly for users across the GCC region and
US semiconductor stocks began recovering on Monday after suffering a brutal selloff on Friday that wiped roughly $1.3 trillion from the sector’s value, as investors debated whether the decline marked a healthy correction or the start of a deeper downturn for one of Wall Street’s strongest trades. The sharp decline was triggered by a combination
Shares of Corning GLW climbed sharply by 8% on Monday after Amazon unveiled a multibillion-dollar agreement with the advanced glass and fiber-optics manufacturer. The deal will see Corning supply critical networking infrastructure for the technology giant’s expanding US data center footprint. The long-term partnership will see Corning provide optical fiber, cable, and connectivity solutions that