LONDON (Reuters) – Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal. Below are the main facts about the market, sourced from the International Copper Study Group (ICSG), the International…

The Mexican Peso reverses its early rally on Monday after the release of weak Mexican Retail Sales data.  The data wipes out gains made from hawkish remarks by a Banxico official Irene Espinosa. On Friday, Espinosa said she advocated for interest rates remaining high as inflation continued to be a problem. The…

Carlo De Meijer, an Economist and Researcher at MIFSA, recently emphasized XRP in Ripple’s initiative to introduce a stablecoin, describing the move as a transformative development. De Meijer expressed this view in a recent blog published on Finextra on Friday. Pseudonymous XRP community figure WrathofKahneman called attention to the publication…

Blackpink singer Jennie hit it big with her song “One of the Girls,” which has become an unexpectedly sturdy smash in America. The tune has now spent months on a number of charts, and while it’s slowly working its way down on most of them, it reaches a historic number…

Google is “moving boldly” with its AI efforts but is proceeding cautiously.CEO Sundar Pichai said the company is trying to balance “moving fast” with being responsible, and that could mean it would need to slow down the launch of future AI tools.In a recent interview with YouTuber Varun Mayya, Pichai…