Notable Weekly News


August 2023

08/18/2023

Gold prices to breach all-time highs? Some expect bullion to hit $2,500

Gold prices may set new all-time highs in 2024 on the back of a peak in interest rates, looming recessionary fears and higher consumer demand, analysts […]
08/18/2023

JPMorgan Predicts Record Highs for Gold — Should You Invest Now?

Gold has always been in demand, for both its beauty and its utility. It’s also often used as a diversification tool, or even as a speculative stand-alone […]
08/18/2023

‘Big Short’ Money Guru Michael Burry Wagers $1.6 Billion on Looming Stock Market Crash

Michael Burry, the investment manager renowned for accurately predicting the 2008 housing market crash, has now staked more than $1.6 billion on a potential Wall Street crash. […]
08/18/2023

US stocks tumble as 10-year yield keeps climbing to hit highest since 2007

US stocks tumbled Thursday as the 10-year Treasury yield kept climbing and hit the highest level since 2007. Measured on a daily basis, using a single […]
08/18/2023

Fed officials divided in July over need for more rate hikes, minutes show

WASHINGTON (Reuters) -Federal Reserve officials were divided over the need for more interest rate hikes at the U.S. central bank’s July 25-26 meeting, with “some participants” […]
08/11/2023

Gold prices to breach all-time highs? Some expect bullion to hit $2,500

Gold prices may set new all-time highs in 2024 on the back of a peak in interest rates, looming recessionary fears and higher consumer demand, analysts […]
08/11/2023

JPMorgan Predicts Record Highs for Gold — Should You Invest Now?

Gold has always been in demand, for both its beauty and its utility. It’s also often used as a diversification tool, or even as a speculative stand-alone […]
08/11/2023

ANALYSIS-Moody’s warning on US banks a wake-up call for sanguine investors

The slide in U.S. bank stocks this week appeared to catch traders in the options market by surprise, data shows, raising questions over whether bank investors […]
08/11/2023

Could banks screw up the soft landing?

Moody’s announcement that it had lowered the ratings of 10 small and midsized lenders was a sign that the “mini-bank crisis” that roiled Washington and Wall […]
08/11/2023

Moody’s downgrades US banks, warns of possible cuts to others

Report comes against backdrop of tightening monetary conditions.
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