Catherine Mann, a member of the Bank of England's policy committee (MPC), has warned that unemployment fears and rising bills are prompting households in the UK to build "emergency funds" and that economic growth is constrained by persistent savings rates above pre-epidemic levels. Mann said on Tuesday that growth in some sectors, such as hotels and retail, had "slowed significantly" due to "prudent consumer behaviour". "They are building emergency funds, postponing holidays and putting off big ...

In response to the security threats, OKX has implemented a hacker address detection system and a mechanism to block suspicious addresses.
The gold pricing structure has changed, and the market outlook needs to focus on this indicator change! Sterling bulls are still cautious, beware of riding a "roller coaster" next week... Click to view the key points of each asset based on order flow...
South Korea's bitcoin "kimchi premium" surged to 9.7% at 2 a.m. on February 3, hitting a 10-month high since April 2024, driven by concerns about Trump's tariff war. Min Jung, analyst at Presto Research, said kimchi premiums typically rise during bull markets but can also spike during panic selling, as selling pressure on Korean exchanges is lower than in global markets. As of press time, kimchi premiums have fallen back to 8.24 per cent, compared with a historical average of about 5 per cent.
Shares in Nvidia plunged amid concerns about Chinese artificial intelligence start-up DeepSeek, wiping a record amount of market value off the world's largest company. Nvidia shares fell as much as 13%, wiping about $465 billion off its market value, breaking the record of a 9% drop last September, when it lost about $279 billion in market value, the largest in U.S. stock market history.
BlackRock CEO Fink said that bitcoin can overcome concerns about the instability of the local currency. The possibility of continued high inflation remains.
Bank of America predicted that the Trump administration's aggressive tariffs could force the Fed into wait-and-see mode because of concerns about inflation. Aditya Bhave, the bank's US economist, said in a note to clients on Wednesday that "there are increasing signs of an upward trend in inflation" and that, given the timing of the change of administration, the Fed may have completed its last rate cut of the cycle. "What...
Due to concerns about the viability of the ceasefire agreement between Israel and Hezbollah and market expectations for the extension of OPEC + production cuts, international oil prices rose by more than $2 per barrel on a daily basis, with the United States and Burkina Faso now trading at $69.96 per barrel and $73.71 per barrel, respectively.
Multiple positive! Gold bulls are on a tear, what positions are you focusing on today? US dollar test support, can gold bulls continue? Click to view detailed analysis > > >