Gold prices pared earlier losses on Friday following slightly softer-than-expected U.S. inflation data, but the precious metal is set to end a nine-week winning streak. Investors remain attentive to upcoming Federal Reserve interest rate decisions and global trade developments, which continue to influence safe-haven demand. Key Highlights Inflation Data Supports Rate Cut Expectations Data from…

Read more...

The Czech Republic’s populist party ANO, poised to form the next government after its recent election victory, signaled that it may keep the outgoing cabinet’s proposed 2026 budget deficit target unchanged. The move is aimed at ensuring a swift passage of the budget before the end of the year, preventing potential disruptions to government spending…

Read more...

The Federal Reserve is increasingly expected to continue lowering interest rates following the release of September’s inflation data, which showed U.S. consumer price growth slightly below economists’ expectations. Market participants and analysts suggest that the central bank may implement quarter-point rate cuts at each of its next three meetings, signaling a cautious but steady approach…

Read more...

U.S. consumer inflation showed signs of easing in September, as the latest Labor Department data revealed a smaller-than-expected increase in the Consumer Price Index (CPI). The report highlights a mixed picture of inflation pressures, including a surge in gasoline prices offset by moderation in housing costs. Meanwhile, a U.S. government shutdown threatens to disrupt the…

Read more...

💰 Rate Cut Decision The Bank of Russia cut its key interest rate by 50 basis points to 16.5% on Friday, a move described as “symbolic” by analysts, following recent U.S. sanctions on Russian oil companies Lukoil and Rosneft. “This is a much more negative development than the symbolic 0.5 percentage point rate cut is…

Read more...

💵 Dollar Reaction to September Inflation Data The U.S. dollar remained almost flat on Friday, following a brief dip triggered by softer-than-expected inflation data. The Consumer Price Index (CPI) rose 0.3% in September, slightly below economists’ forecast of 0.4%, while the year-on-year increase was 3.0% versus a forecast of 3.1%. “The headline was a bit…

Read more...

2025 🇺🇸 Economic Divide Deepens Across Corporate America U.S. companies are grappling with growing financial strain as the gap between affluent and lower-income consumers widens, reshaping spending habits and profitability across industries. Executives from leading brands like Coca-Cola, Procter & Gamble, Target, and O’Reilly Automotive have all noted a concerning trend — lower-income households are…

Read more...

Lazard Exceeds Q3 Profit Forecast as M&A and Asset Management Surge Lazard Surpasses Q3 Profit Estimates Amid Global Dealmaking Revival October 23, 2025 — Global financial advisory and asset management firm Lazard Ltd (NYSE: LAZ) outperformed Wall Street expectations for its third-quarter profit, driven by a sharp rebound in mergers and acquisitions (M&A) and record…

Read more...

MercadoLibre and Casas Bahia Announce Strategic Partnership to Boost E-Commerce in Brazil SAO PAULO, October 23, 2025 — Latin American e-commerce giant MercadoLibre (MELI.O) announced a new long-term commercial partnership with Brazilian retail leader Casas Bahia (BHIA3.SA) that will allow MercadoLibre to sell Casas Bahia’s products directly on its platform starting in November 2025. The…

Read more...