Gold prices surged to new record highs in Asian trading on Thursday, marking a fourth consecutive session of all-time peaks, as renewed U.S.-China trade tensions and rising expectations of Federal Reserve rate cuts intensified demand for the precious metal. Spot gold climbed 0.7% to $4,237.87 per ounce by 04:25 GMT …

The U.K. economy recorded a slight expansion in August, providing a modest boost to Chancellor Rachel Reeves as she prepares to unveil her autumn budget amid tight fiscal constraints and persistent inflation pressures. GDP Returns to Growth According to data released by the Office for National Statistics (ONS), gross domestic …

The Dow Jones Industrial Average is trading mixed with a modest positive tilt, as intraday flows test key resistance zones. Technical:Price is pressing the 50-period SMA near 46,590, attempting to turn it from resistance into support. RSI has started to firm with short-term positive signals, though it remains just below …

USD/CAD is correcting lower in a bearish sub-trend within the broader uptrend, as markets consolidate recent gains ahead of policy headlines. Technical:RSI is attempting to exit oversold, hinting at base-building for a rebound. Price continues to hold above the 50-period SMA, keeping the larger bullish structure intact. The 1.4000 zone …

GBP/USD has shifted back to positive price action after concluding the prior downswing, with buyers reasserting control in the near term. Technical:Momentum is improving as the RSI turns higher, signaling additional upside impulse. On the 4-hour chart, price is trading above the 50-period SMA, which has flipped to dynamic support …

WTI crude (U.S. futures) met the prior report’s target at $58.70, printing a low of $58.22 before a modest rebound. The move appears corrective within a broader bearish structure. Technical:Price remains capped beneath down-sloping simple moving averages, which act as dynamic resistance and may limit upside attempts. RSI is trying …

Gold (XAU/USD) extended its record-setting run in early trade, printing a new all-time high at $4,242/oz on firm safe-haven demand. Price action is holding above $4,155 and well above the $4,000 psychological pivot, confirming role-reversal support. Up-sloping simple moving averages keep bullish momentum intact, while RSI has cooled from overbought …

The pair staged a clear rebound after breaking above 1.1630, prompting a short-term reversal of the bearish tone that dominated recent sessions. Technical Overview Trend context: While the broader structure remains bearish, price action is showing a bullish sub-trend intraday. SMAs: The simple moving averages have flipped to dynamic support, …

Bank of America (NYSE: BAC) reported a stronger-than-expected third-quarter performance on Wednesday, buoyed by solid loan and deposit growth, a surge in investment banking activity, and higher interest income — signaling robust momentum across its core businesses despite a challenging macro backdrop. Earnings Beat Across Key Segments The U.S. banking …

U.S. stock index futures climbed on Wednesday, as investors cheered dovish comments from Federal Reserve Chair Jerome Powell and prepared for a fresh wave of corporate earnings reports, including major banks and United Airlines. Market Snapshot By 10:15 GMT (06:15 ET), Dow Jones Futures were up 215 points (+0.5%) S&P …