In a significant move today, the Reserve Bank of Australia (RBA) has lowered its interest rate from 4.35% to 4.10%, marking the first rate cut since the onset of the COVID-19 pandemic in 2020. This decision was largely anticipated by analysts, reflecting a shift in the RBA’s monetary policy amidst evolving economic conditions. RBA Governor
Kalakka
In a remarkable turn of events, gold prices soared to unprecedented levels, surpassing the psychological threshold of $2800. This surge, culminating in a 1.3% increase on Thursday, reflects a convergence of factors compelling investors to seek the safety of bullion. The backdrop of this recent rally is dominated by renewed tariff threats issuing from the
Cliff Asness, a prominent figure in the finance world and co-founder of AQR Capital Management, has articulated a cautious perspective on Bitcoin, particularly following its meteoric rise to over $100,000 after the November presidential election. His assessment positions Bitcoin as a speculative bubble, emphasizing that without significant real-world applications, he remains skeptical about its long-term