Investing

Bitcoin Could Join Gold on Central Bank Balance Sheets by 2030, Deutsche Bank Says

Bitcoin may soon share space with gold on central bank balance sheets, according to a new report from Deutsche Bank (NYSE:DB) that frames the cryptocurrency as an emerging reserve asset. “There is room for both gold and Bitcoin to coexist on central bank balance sheets by 2030,” Marion Laboure and Camilla Siazon, both analysts at

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US Antimony Wins US$245 Million Pentagon Deal to Supply Critical Mineral

United States Antimony (NYSEAMERICAN:UAMY) has secured a US$245 million sole-source contract from the US Defense Logistics Agency to supply antimony ingots. The five year ‘indefinite delivery indefinite quantity’ agreement was finalized after months of negotiations and makes US Antimony the exclusive supplier of antimony ingots to the National Defense Stockpile. The company confirmed that first

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Gareth Soloway: Gold’s Next Price Target, Plus Silver and Bitcoin Calls

Gareth Soloway of VerifiedInvesting.com shares price targets for gold, silver and Bitcoin. He also discusses the health of the US economy and shares concerns about the stock market. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com

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Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

Investing.com– U.S. President Donald Trump’s proposed trade tariffs against Colombia are now on hold after Bogota agreed to accept migrants deported from the U.S., the Associated Press reported on Sunday.  Trump had threatened to impose 25% tariffs on all Colombian imports after the country refused two U.S. military planes carrying migrants from landing in the

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Analysis-To weather Trump, emerging market investors look to the frontier

By Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier markets that are relatively safe from U.S. President Donald Trump’s trade policy shifts. Trump’s return to the White House put Mexico’s peso on a roller

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China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

SHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo operations aimed to “keep banking system liquidity reasonably ample”. The tenors of the repos for the month were 3 and 6 months. Separately, the PBOC

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Fuji Media, rocked by sexual misconduct allegations, says executives to resign

By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of advertisers and investor calls for a management shake-up, has also

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ECB president fears loss of central bank independence

BUDAPEST (Reuters) -Central bank independence is being questioned in parts of the world and greater political influence over policy could undermined their ability to keep inflation down, European Central Bank President Christine Lagarde said on Monday. U.S. President Donald Trump said last week he would demand that the Federal Reserve lower borrowing costs, claiming that

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European tech shares tumble as China’s AI push spooks investors

(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly tech. The pan-European STOXX 600 was down 0.7% of 0815 GMT. U.S. Nasdaq Composite futures tumbled 3.1%,

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Futures slip as investors eye China’s latest AI push – what’s moving markets

Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival OpenAI’s ChatGPT, while the dollar rose in response to a tariff spat between President Donald Trump and Colombia. Later this week, the Federal Reserve is expected to keep interest rates unchanged, while

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