Goldman Sachs cuts gold target to $4,900
Goldman Sachs lowered its year-end gold price target to US$4,900 per ounce from US$5,400, citing expectations that the US Federal Reserve will not cut interest rates during 2026.
Goldman Sachs lowered its year-end gold price target to US$4,900 per ounce from US$5,400, citing expectations that the US Federal Reserve will not cut interest rates during 2026.
AllUnity introduced SEKAU, a Swedish krona-backed stablecoin issued under the European Union's Markets in Crypto-Assets Regulation framework.
Erik Wytenus, JPMorgan Private Bank EMEA head of investment strategy, discusses markets' reaction to Greater Manchester Mayor Andy Burnham's victory in the Makerfield special election. Speaking on Bloomberg Television, Wytenus says the market is attuned and prepared for the "era of fragmentation and political winds of change," adding that "focusing on what the private sector is doing on its own merits is typically the best way to invest."
TRON (CRYPTO:TRX) traded at approximately US$0.3198 with a market capitalisation of US$30.32 billion as investors monitored the network's expanding ecosystem and increasing corporate accumulation.
DAZN and ADI Predictstreet launched a free-to-play prediction experience within the DAZN streaming app, allowing fans to make real-time predictions during FIFA World Cup 2026 matches.
As the interim US-Iran peace deal has taken effect, oil shipments through the Strait of Hormuz have begun in earnest. Hasnain Malik, Managing Director for Emerging Market Equity & Geopolitical Strategy at Tellimer spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the GCC's plan for the 60 day respite ahead.
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
As the interim US-Iran peace deal has taken effect, President Trump has stated it includes a ceasefire on all fronts, including Lebanon. The deal has been widely and vocally panned in Israel. Mairav Zonszein, Senior Analyst for Israel at the International Crisis Group spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on Israel's reaction to the deal.
Humanity Protocol, a Worldcoin rival built to verify users are human, lost over US$30 million as attackers drained 17 wallets and its token crashed about 90% in hours.
Greater Manchester Mayor Andy Burnham won a decisive victory for the Labour Party in a by-election in the constituency of Makerfield with 54.8% of the vote, defeating Robert Kenyon from right-wing Reform UK, who secured 34.5%. Burnham's win forges a pathway to challenge UK Prime Minister Keir Starmer for his job. Bloomberg's Ruth David reports.
Microsoft warned Windows users about a cryptocurrency clipper malware campaign that spreads through USB drives and is designed to steal wallet credentials, private keys, seed phrases, and other sensitive financial data.
Algorand (CRYPTO:ALGO) unveiled a roadmap to implement quantum-resistant infrastructure by the end of 2027.