AuAg Funds founder sees "snowball" rolling for undervalued commodities
Mining has gone from an ESG liability to a strategic asset as major powers compete for critical raw materials. Source link
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NevGold drills 45.7 metres at 1.73 g/t oxide gold
NevGold Corp. CVENAU OTCMKTSNAUFF FRA5E50 reported on Thursday that drilling returned 1.73 grams per tonne oxide gold over 45.7 metres at Resurrection Ridge in Nevada. The interval adds mineralization within the July 15 resource pit shell, while a separate hole intersected 48.8 metres of gold-antimony mineralization both inside and outside it. NevGold shares fell 1.85…
Petrobras in Talks to Aquire Stake in BP’s Giant Bumerangue Oil Discovery – Sources – Brazil Energy Insight
Nov. 12 (Reuters) BP is in talks with Petrobras to sell a stake in its Bumerangue oil block off the coast of Brazil, Bloomberg News reported on Thursday, citing people familiar with the matter. Reuters could not independently verify the report. BP and Petrobras did not immediately respond to Reuters’ requests for comment. Here are…
Deeper economic slump tests Marcos, Philippine Central Bank
(Nov 10): A surprise slowdown in the Philippine economy has triggered calls for the central bank to go easy on interest rate increases and for Philippine President Ferdinand Marcos Jr to do more to revive growth. Economists from China Banking Corporation, Metropolitan Bank & Trust Co, Union Bank of the Philippines and Pantheon Macroeconomics have…
Bundesbank warns financial stability risks remain elevated amid market, credit pressures
Mücahithan Avcıoğlu 12 November 2026•Update: 12 November 2026 Risks to Germany’s financial stability remain elevated amid geopolitical tensions, high asset valuations and growing pressure on corporate borrowers, the country’s central bank warned Thursday. In its 2026 Financial Stability Report, the Bundesbank said the German financial system remained resilient but faced vulnerabilities stemming from property financing,…
103.08: US Dollar Index hits a fresh year-to-date high as Fed hike bets build
The US Dollar (USD) has extended its upward trajectory across global foreign exchange markets, propelling the US Dollar Index (DXY) to a fresh year-to-date high of 103.08 and returning the currency to its April 2025 levels. Source link
Economists agree: ECB will hike rates to 2.75% in December, Reuters poll shows
The European Central Bank (ECB) is expected to raise its deposit rate by 25 basis points to 2.75% in December, according to a Reuters poll published on Thursday. All 71 economists surveyed expect a hike next month. Source link
Fed’s Hammack says inflation is worsening, favors gradual hikes
Cleveland Federal Reserve (Fed) President Beth Hammack recognized on Thursday that the Fed is doing good work on the “job side of the mandate,” but it “has been missing on the inflation mandate for years.” Source link
GBP/USD Forecast: Vulnerable below 1.3300 as USD rally extends
The GBP/USD pair drifts lower for the third straight day – also marking the fifth day of a negative move in the previous six – and drops to a fresh four-week low during the Asian session on Thursday. Source link
Chase Home Lendings’ mortgage rate sale returns for a 3-week run
With mortgage rates pushing 7%, the timing of a “rate sale” couldn’t be better. Chase Home Lending is once again hosting a limited-time interest rate discount promotion. The national lender launched its first weeks-only offer just over a year ago. Apparently, it’s been enough of a success that Chase is bringing the rate sale back…