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Business

Silver’s rebound hopes fade as dollar strength turns $57 into resistance

Silver’s selloff is becoming a cleaner bet on tighter US policy. The metal fell to around $56.50 an ounce in Asian trade on Friday, extending a sharp retreat as investors focused less on easing oil prices and more on stubborn inflation. The latest US core PCE reading kept price pressures above the Federal Reserve’s comfort

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Business

Aluminum slides for fourth week as Middle East supply returns

Aluminium prices are on track for a fourth consecutive weekly decline as supply from the Middle East returns to the market, easing fears of shortages and reversing the surge that followed earlier disruptions.  The retreat highlights how quickly sentiment in industrial metals can shift when geopolitical risks begin to fade. At the time of writing,

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Business

Russia secures Indonesia oil pact amid Asia’s supply shock

Russia is leveraging Asia’s oil shock to deepen ties with Indonesia, offering a massive supply deal and potential infrastructure investment as Jakarta struggles with crude and gasoline deficits, OilPrice.com reported.  The arrangement could reshape Southeast Asia’s energy map and test the limits of US sanctions policy. Russia seizes opportunity from Middle East turmoil According to

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Business

Prop trading is the side hustle most retail investors haven’t heard of

Retail investing has become more accessible than ever. Commission-free brokerages, crypto exchanges, and social trading platforms have made it possible for almost anyone to participate in financial markets with just a smartphone and a modest amount of capital. But as retail investing has gone mainstream, another corner of the industry has been growing: proprietary, or

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Business

BEAT rallies 35% as wallet growth puts failed breakout back in play

BEAT has become the top gainer of the day after climbing more than 35% over the past 24 hours despite weakness across most digital assets. According to CoinGecko data, the token continued extending its recovery while many major cryptocurrencies struggled to hold recent gains.  The move lifted BEAT to around $2.44 after buyers stepped in

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Business

BlackBerry shares rally on higher Q1 profit and improved revenue forecast

BlackBerry Ltd. reported a stronger first quarter, posting higher profit and revenue compared with the same period last year while increasing its revenue outlook for the full fiscal year. The software company, which reports its financial results in US dollars, recorded a net profit of $8.5 million for the three months ended May 31, 2026,

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Business

DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news

The German DAX Index experienced some volatility this week, as investors reacted to some notable news from key constituents like Rheinmetall, Volkswagen, and Bayer. It was trading at 25,000, up by nearly 5% from its lowest level this month. Bayer, Rheinmetall, and Volkswagen are moving the DAX Index The DAX Index jumped on Thursday after

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Business

AMD stock: why analysts are suddenly raising their price targets

Advanced Micro Devices (NASDAQ: AMD) stock has surged more than 130% this year, but Wall Street is still chasing the stock higher. In June alone, Barclays, UBS, Mizuho and Bernstein all raised their price targets on the chipmaker as analysts are no longer treating AMD as just a second-place GPU challenger to Nvidia. They are

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Business

Global markets remain under pressure as tech selloff weighs on investor sentiment

Global financial markets remained under pressure during the European morning on Friday as investors continued to adopt a cautious approach following steep declines across Asian equity markets. A sustained selloff in technology stocks weighed heavily on market sentiment, while traders looked ahead to speeches from several US Federal Reserve policymakers later in the day. The

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Business

Here’s why the BP and Shell shares are falling in London this week

BP and Shell share prices continued their downward trend today, reaching their lowest levels since February 27. BP dropped to 472p, down by 22% from its highest point this year, while Shell slipped to 2,900p from the year-to-date high of 3,592. BP and Shell shares are falling as crude oil prices dive  Energy stocks have

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