Author: News Room

(Reuters) -The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico.  But one question is dominating markets – will the Bank of Japan finally gear up to exit negative rates? Here is your week-ahead look at global markets from Rae Wee in Singapore, Lewis Krauskopf in New York and Dhara Ranasinghe, Bill Schomberg and Karin Strohecker in London.        1/WILL THEY, WON’T THEY? The two-day monetary policy meeting of Japan’s central bank beginning Monday could – at long last – very well be…

Investing.com– Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week. A rally in industrial metals also appeared to have stalled, with copper prices easing after rallying to 11-month highs last week. Middling Chinese economic data also spurred some profit-taking in the red metal.  Losses in precious metals were more pronounced, as the steadied near two-week highs in anticipation of the Fed. also sat comfortably above 4%. fell 0.4% to $2,148.19 an ounce, while expiring…

USD/CHF edges lower to 0.8535 in Monday’s early European session.  The FOMC is anticipated to hold benchmark rates steady in the range of 5.25%–5.50% on Wednesday. The escalating Middle East geopolitical tension might lift the safe-haven flow, benefiting the Swiss Franc (CHF).  The US FOMC and SNB monetary policy meeting on Wednesday and Thursday will be a closely watched events.  The USD/CHF pair loses traction amid the consolidation of the US Dollar (USD) during the early European session on Monday. Traders prefer to wait on the sidelines ahead of the US Federal Open Market Committee’s (FOMC) monetary policy meeting on Wednesday,…

Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in on BNB’s market capitalization. Solana Defies Market Trend With Impressive Gains The native cryptocurrency of the Solana layer one (L1) blockchain network, solana (SOL), has witnessed significant growth in its value recently. In the last month alone, SOL has risen by 85%, and looking at the past year, it…

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The hottest new technology for doctors promises to bring back an age-old health-care practice: face-to-face conversations with patients.As more than 30,000 health and tech professionals gathered among the palm trees at the HIMSS conference in Orlando, Florida, this week, ambient clinical documentation was the talk of the exhibition floor. This technology allows doctors to consensually record their visits with patients. The conversations are automatically transformed into clinical notes and summaries using artificial intelligence. Companies like Microsoft’s Nuance Communications, Abridge and Suki have developed solutions with these capabilities, which they argue will help reduce doctors’ administrative workloads and prioritize meaningful connections with…

Former House Speaker Nancy Pelosi on Sunday said Senate Majority Leader Chuck Schumer’s recent remarks calling for a new election in Israel “should be listened to because Israel’s reputation is at risk” as the humanitarian crisis in Gaza deepens. Speaking to CNN’s Dana Bash on “State of the Union,” Pelosi noted that Schumer, the highest-ranking Jewish elected official in the US, was “concerned about the weakness of the Palestinian Authority and the very, very dangerous attitude of the right-wing Israeli government.” Prime Minister Benjamin Netanyahu told Bash earlier Sunday that Schumer’s comments were “totally inappropriate” and refused to commit to new elections.…

A tantalizing value gap appears to be opening between gold in its physical form and shares in major goldmining companies. The issue, which analysts believe is related to inflation-linked “compressed” profit margins by the miners, might be an investment opportunity as rate-cut time nears. Among the examples of the gold gap is the price of the metal which is up 5% since the start of the year to $2152 an ounce whereas the share prices of the world’s top two goldminers are down, Newmont has fallen by 15% and Barrick is down 12%. The metal v equities gap has closed…

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