Silver Price Edges Higher Amid Dollar Weakness
Silver prices showed modest gains at the start of the week, extending a recovery seen on Friday, influenced by a weaker US dollar.
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Silver prices showed modest gains at the start of the week, extending a recovery seen on Friday, influenced by a weaker US dollar.
The Australian Dollar advanced for a second day, with AUD/USD trading near 0.7090 as the Reserve Bank of Australia signaled a tighter monetary policy outlook.
A clandestine oil shuttle operation has been instrumental in stabilizing global crude prices, preventing significant spikes despite regional conflicts.
Major tech firms' off-balance-sheet AI infrastructure commitments are significantly larger than their traditional capital expenditure.
China's central bank established the daily yuan reference rate against the US dollar and implemented a significant liquidity injection.
The Japanese Yen saw slight appreciation against the US Dollar, driven primarily by evolving expectations for US monetary policy.
Singapore's non-oil domestic exports maintained robust growth in July, extending a strong run driven by AI-related electronics demand.
Reuters estimates China's central bank will set the USD/CNY reference rate at 6.7382, indicating a cautious approach to yuan appreciation.
South Korea's trade deficit decreased in July, with exports declining less sharply than imports, signaling potential economic shifts.
Japan's economy expanded by 0.3% in Q2 2026, falling short of market forecasts and slowing from the previous quarter's growth.
Japan's Gross Domestic Product Deflator for the second quarter registered 2.6% year-over-year, surpassing market expectations.
Japan's economy expanded by 0.3% in the second quarter, falling short of market expectations for 0.5% growth.
A Chinese financial publication advised investors to be wary of buying gold at elevated prices, citing risks from US inflation data.
Recent UK data indicates a cooling housing market and subdued hiring, reinforcing expectations for a cautious Bank of England stance.
The US Treasury is reportedly weighing new economic measures against Iran, primarily targeting its oil trade with Chinese refiners.
New Zealand's retail card spending rose by 1.3% month-over-month in July, recovering from a previous decline, while food prices saw a modest increase.
New Zealand's services sector continued to expand in July, though at a slightly slower pace, with employment remaining a key area of weakness.
Crude oil saw a modest increase at the start of the week, driven by ongoing geopolitical concerns and expectations for US fuel demand.
Crude oil benchmarks concluded the week with significant gains as market participants assessed ongoing transit disruptions in the Strait of Hormuz.
Early Monday trading across major currency pairs showed minimal movement from late Friday's closing levels, indicating a calm start to the week.
The U.S. SEC has delayed its ruling on several spot Ether exchange-traded funds, extending the review period for these investment vehicles.
Investors in the cryptocurrency market are increasingly prioritizing fundamental analysis over market capitalization rankings, reflecting a maturing perspective.
Bitcoin has found some stability around $63,000, yet significant resistance levels must be overcome for a sustained recovery.
Hardware wallet provider SafePal has disclosed a data breach exposing order details for almost 40,000 users.
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