Author: Lucas

Silver price extended its recovery for the second straight day, up by 3.75% shrugging off broad US Dollar strength, following the release of solid US economic data. At the time of writing, XAG/USD trades at $88.20, after bouncing off daily lows of $83.28.XAG/USD Price Forecast: Technical outlookSilver’s technical picture remains neutral to bullish biased, but due to the parabolic downside move, a recovery from around $80.00 to record highs past $120.00, would take some time. Nevertheless, momentum seems to favor buyers as depicted by the Relative Strength Index (RSI) which despite remaining below the neutral level, shows bulls gathering steam.If…

Editor’s Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.With a high-yield savings account, you can get a solid interest rate and your money grows even faster, thanks to compound interest. The higher your rate, the faster your money grows and the better the return you get.CNBC Select chose the top HYSAs based on APY, fees, minimum balance requirements and more. See our methodology for more information on how we made our selections.Best high-yield savings…

The Securities and Exchange Board of India (SEBI) unveiled new modifications to its penalty framework concerning high order-to-trade ratios (OTR) in algorithmic trading on Wednesday.A key aspect of the revisions includes exemptions for certain categories of orders and market participants. Notably, orders placed within ±40% of the last traded price (LTP) of the premium, or ±Rs 20, will not attract penalties. This change renders most algorithmic trades in equity options free from the previous stringent OTR regulations.The move aims to alleviate compliance burdens, especially for market makers whose activities necessitate frequent order placements. The revised framework is set to take…

TORONTO, Feb. 4, 2026 /CNW/ – The Canadian-Chinese Finance Association (CCFA) has successfully hosted its Alternative Investment Forum, Beyond the Core, on January 23, bringing together 250 finance professionals for a full day of discussions on the evolving role of alternative investments in portfolio construction. Co-organized with wealth management firm Enoch Wealth, the forum convened senior leaders from global asset management firms, banks, and private market experts in the Greater Toronto Area to examine opportunities across private equity, private credit, real estate, hedge funds, commodities, and emerging assets in 2026. “The purpose of the forum is to highlight how alternative…

What is the cheapest way to do your shopping? (Picture: Getty Images) With the cost of living crisis showing no signs of slowing down, getting the best value for money doing the weekly shop has never been more important. Costs rising across the board have seen many Brits look for ways to pinch pennies – whether that be on their monthly bills, or while shopping for essentials. In a busy modern world, many of us opt to have our groceries delivered right to our doors to save time browsing the shopping aisles – and save money on impulse purchases. However,…

Key PointsSonos beat on sales and earnings last night, and reported tremendous free cash flow in Q1.One point of concern: Sonos dramatically slashed its R&D budget.Sonos (NASDAQ: SONO) stock jumped 4.9% through 12:15 p.m. ET Wednesday after beating on top and bottom lines in its fiscal Q1 2026 earnings announcement last night.Heading into the report, analysts forecast Sonos to earn $0.68 per share (adjusted for one-time items) on sales of $536.9 million. Instead, Sonos reported an adjusted profit of $0.93 per share on sales of $546 million.Where to invest $1,000 right now? Our analyst team just revealed what they believe…

The UK manufacturing industry continued its contraction in October, with difficult and uncertain market conditions leading to output, new orders and employment all declining, according to the latest S&P Global / CIPS UK Manufacturing PMI®. October 2023 UK Manufacturing PMI key findings: Manufacturing PMI at 44.8 in October Output, new orders and employment decline Business optimism dips to 10-month low In October, the seasonally adjusted UK Manufacturing PMI rose slightly to 44.8, up on September’s reading of 44.3 but below the earlier flash estimate of 45.2. A reading below 50 suggests contraction in the sector and we have now been…

The turnover of Moscow’s manufacturing industries, excluding the oil and gas sector, amounted to 1.7 trillion rubles in the first quarter of 2025. This is 6.4% higher than in the same period of 2024, … Source link

Gold (GC=F) futures pared gains on Wednesday to hover near $4,900 per ounce, while silver (SI=F) rallied for a second day in a row as investors bought the dip following last week’s crash that rattled Wall Street.While some analysts caution that silver’s rebound remains volatile, they’re bullish that prices for bullion will move higher despite the dramatic pullback, which put a stop to precious metals’ rally.Read more: Thinking of buying gold? Here’s what investors should watch for.Goldman Sachs analysts reiterated a significant upside risk to their forecast for gold of $5,400 per troy ounce by the end of 2026.“Our forecast incorporates…

Markets regulator SEBI on Wednesday announced modifications to its framework for imposing penalties on trading members for a high order-to-trade ratio (OTR) in algorithmic trading.The regulator has eased compliance for certain categories of orders and market participants.The changes were finalised after taking into account representations from stock exchanges, deliberations with market stakeholders, and recommendations of SEBI’s Secondary Market Advisory Committee.Under the revised framework, SEBI has decided to exempt a wider range of equity options orders from the penalty framework.For equity option contracts, algorithmic orders placed within ±40 per cent of the last traded price (LTP) of the premium or ±Rs…