Axel Merk Discusses Increased Demand for Gold Amid Global Macro Uncertainties Introduction Axel Merk, President and Chief Investment Officer of Merk Investments, recently shed light on the rising demand for gold in the current global macroeconomic landscape. This surge in demand can be attributed to a combination of factors, including uncertainties surrounding global trade, the…
Endeavour Announces Transaction in Own Shares Recent Purchase Details London, 06 February 2025 – Endeavour Mining plc (LSE:EDV, TSX:EDV) (“the Company”) announces it has purchased 24,000 of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. The purchases were made on 05 February 2025, with the lowest price paid per share at…
Charmingly Eccentric: NZD/USD Gains Ground Near 0.5700 The Rise of NZD/USD As the US PMI data continues to weaken, the New Zealand Dollar (NZD) has been gaining ground against the US Dollar (USD), reaching near 0.5700. This unexpected surge in the NZD/USD exchange rate has left many investors surprised, yet intrigued by the possibilities it…
Siemens Healthineers Reports First Quarter Revenue Slightly Above Consensus Overview German medical technology company Siemens Healthineers announced its first-quarter revenue, which was slightly above consensus. The company reported an increase in U.S. revenues by 16%, while revenues from China declined by 6% due to continued delays in customer orders. Implications of the Revenue Report The…
Welcome to my quirky blog! Volvo Cars reports fall in operating profit Hey there! So, did you hear about Volvo Cars reporting a fall in fourth-quarter operating profit? Yikes! They also mentioned that they’re expecting a turbulent 2025 with challenging market conditions. Well, isn’t that just peachy? Diving deeper into the news It seems like…
SEOUL, South Korea, Feb. 6, 2025 SEOUL, South Korea, Feb. 6, 2025 /PRNewswire/ — As U.S.-China trade tensions escalate into export controls on rare metals, Korea Zinc’s (KRX:010130) role in maintaining supply chain stability for critical minerals has gained further strategic importance. On February 4, China announced that it would be immediately implementing export controls…
XRP Price Analysis and Market Outlook The Current State of XRP Recently, XRP’s price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50….
Charmingly Eccentric: The Curious Case of China’s App Store Investigation Is Apple in Hot Water? China is considering whether to open a formal probe into Apple’s App Store practices in the country, according to a recent Bloomberg report. This news has sent shockwaves through the tech industry, as Apple’s App Store is a major player…
