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GOLD PRICE FORECASTGold prices lack directional conviction as the U.S. dollar charges toward multi-month highs.Precious metals retain a somewhat bearish outlook from a fundamental standpoint.This article looks at XAU/USD’s key technical…

Major US indices turned in weaker overnight, with the Nasdaq reversing its previous day’s gains, as big tech stocks faltered despite Treasury yields little changed. Apple’s new product launch failed to impress, prompting a 1.7% overnight…

By Sri Hari N S and Manya Saini (Reuters) -Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion in its initial public offering (IPO) in the United States, the marketing firm said on Monday, as it becomes the latest…

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo By Shristi Achar A and Amruta Khandekar (Reuters) - Wall Street's main…

Crude Oil, WTI, Brent, Russia, OPEC+, China, India, EIA, API, OVX, NFP – Talking PointsCrude oil jumped over hurdles overnight on possible Russian output cutsStockpiles in the US continue to paint a picture of solid demand thereThe oil…

Economy National Oil eyes Sh5bn from investor in fuel stations deal Thursday August 31 2023 A National Oil branded petrol station. FILE PHOTO | NMG The National Oil Corporation (NOC) is eyeing at least Sh5 billion from the…

Bitcoin (BTC) stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action.BTC/USD 1-hour chart. Source: TradingViewBTC price “death chop” returnsData from Cointelegraph Markets Pro and TradingView…

Economy Eyes on CBK’s second deputy governor as President Ruto picks chair Friday August 18 2023 Andrew Mukite Musangi is set to become the next chairperson of the Central Bank of Kenya (CBK). FILE PHOTO | NMG Andrew Mukite…

Breadcrumb Trail Links PMN Business It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is…

Crude Oil, WTI, Brent, US Dollar, China, AUD/USD, CPI, RBOB Crack Spread - Talking PointsWTI crude has softened as markets jockey for position leading up to the FedAPAC equities are mixed as details of China’s stimulus measure remain…