December 18, 2025 8:38 am
Key Moments Bitcoin traded 0.3% lower at $86,554.6 by 01:55 ET (06:55 GMT), extending its subdued price action. Persistent outflows from U.S.-listed spot Bitcoin ETFs have continued to weigh on sentiment and price support. Altcoins broadly weakened, with Cardano and Polygon each sliding 5% and Ethereum dropping 3.7%. Bitcoin Steadies Below $90,000 as Momentum Fades […]
Read moreDecember 18, 2025 7:20 am
Key Moments Jefferies projects gold prices of $4,200/oz in 2026, up from $3,418/oz in 2025. However, it maintains a longer-term assumption of $3,000/oz. Meanwhile, gold miners in Jefferies’ coverage are expected to see wider margins as gold prices outpace growth in all-in sustaining costs. As a result, the firm anticipates higher free cash flow per […]
Read moreDecember 17, 2025 2:54 pm
Key Moments NZD/USD trades about 0.15% lower near 0.5775 during the European session as the U.S. Dollar rebounds. U.S. Unemployment Rate climbed to 4.6% in November, the highest level since September 2021, while markets look to CPI data next. New Zealand Q3 GDP is anticipated to rise 0.9% after a -0.9% contraction, with NZD outperforming […]
Read moreDecember 17, 2025 1:34 pm
Key Moments RBC Capital raised Airbnb (NASDAQ:ABNB) to Outperform after more than four years with a neutral stance. The firm increased its price target on Airbnb shares to $170 from $145, based on a 22x 2026 EV/EBITDA valuation. RBC highlighted Airbnb’s brand, first-party data, and hotel expansion as key drivers, while flagging growth, pricing, AI, […]
Read moreDecember 17, 2025 11:15 am
Key Moments XAG/USD stayed above $65.50 after touching a new record high at $66.64. Softer US labor data and expectations of Federal Reserve rate cuts supported precious metals.
Read moreDecember 17, 2025 10:23 am
Key Moments OpenAI is reportedly in discussions with Amazon (NASDAQ:AMZN) to raise $10 billion or more, according to The Information. The potential funding round would value OpenAI at over $500 billion, reflecting sustained investor demand for leading AI players. Amazon shares rose 1.4% in premarket trading by 04:53 ET on Wednesday following the report. Reported […]
Read more
