Gold has experienced a remarkable winning streak, with a 21% increase in value over the course of seven consecutive months. This surge has left many investors wondering whether this momentum will carry over into September. The future of gold prices hinges on a variety of factors, including upcoming U.S. economic data and interest rate expectations.
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The release of Black Myth: Wukong marked China’s entry into the world of AAA video games, sending shockwaves through the industry. Within just three days of its launch on Aug. 20, the action game set in mythological China sold over 10 million units, shattering records and demonstrating the country’s potential in the global gaming market.
The latest data on EUR/USD reveals an intriguing economic landscape within the Euro Zone. While overall inflation has seen a decline, services have emerged as a key player with an annual rate of 4.2% in August, surpassing the previous month’s 4.0%. This rise in services costs has led to speculation about a potential “Olympic effect”
Brazilians are set to experience an increase in their electricity bills for the month of September. This decision was made by the local power regulator Aneel in response to a decline in reservoir levels at hydroelectric plants. Despite the country’s efforts to incorporate wind and solar power into its energy mix, over half of Brazil’s
Over the past few trading sessions, Wall Street stocks have shown a positive trend, with the Dow reaching a new all-time high. Companies like Tesla, Amazon, Broadcom, and Marvell have seen significant gains, reflecting investor optimism due to the latest economic data. The market seems to be reacting positively to the possibility of a rate
When it comes to making financial decisions, it is crucial to conduct thorough due diligence checks. While there is an abundance of information available online, not all of it is accurate or up-to-date. It is imperative to verify and cross-reference information from multiple sources before making any investment or buying any products. Consulting with competent
The White House announced that U.S. President Joe Biden and Chinese President Xi Jinping are scheduled to speak over the phone in the near future. This move comes as U.S. national security adviser Jake Sullivan visits Beijing to meet with Wang Yi, China’s top diplomat. In addition to the presidential phone call, both sides have
Volkswagen’s $700 million investment in Xpeng to jointly develop two electric cars for the Chinese market in 2026 is a strategic move for both companies. By spending time at Xpeng’s offices, Volkswagen staff are gaining valuable insights into the startup’s technology, particularly its driver-assist technology. This collaboration is crucial for Volkswagen’s presence in China, where
In recent reports, it has been noted that China’s new property sales are remaining weak, indicating a potential downturn in the economy. This is further exacerbated by the decline in steel demand and production. These two factors are critical indicators of economic health, as the property market and steel industry are significant drivers of growth
The incident involving the faulty Starliner capsule from Boeing that led to two NASA astronauts being stranded on the International Space Station is nothing short of a major setback for both companies. After a series of glitches with Starliner’s propulsion system, NASA deemed it too risky for the astronauts to return home on the capsule
Travelers who have serious delinquent tax debts exceeding $62,000 may face significant travel restrictions imposed by the federal government. The IRS and Treasury Department are required by law to notify the State Department of individuals with such tax liabilities. Once this notification is made, the State Department may refuse to issue a new passport or
Prime Minister Keir Starmer is facing a tough challenge as he tries to fix the many deep-rooted problems facing the United Kingdom. He acknowledges that change will not happen overnight and that tough decisions need to be made to tackle issues such as overflowing prisons and long waiting lists for health services. In a speech