by Jonathan Cook | Feb 4, 2026
The pound recorded a positive day against the euro and the US dollar as recent jitters in global financial markets eased across Tuesday. A rebound for gold and silver after a dramatic sell-off helped steady broader markets, where strong results from the AI sector also...
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by Jonathan Cook | Feb 3, 2026
Kevin Warsh is heir apparent to current Federal Reserve chair Jerome Powell when his term ends in May. The prospect of a more hawkish chair than markets feared was enough to send investors charging away from an over-valued commodities market and stabilising the US...
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by Jonathan Cook | Feb 3, 2026
Hamburg Commercial Bank (HCOB) joined organisations in the UK and the USA in upgrading its initial estimate of German manufacturing output last month. Still, the euro struggled against the US dollar and weakened by about a third of a cent of a cent against the pound...
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by Jonathan Cook | Feb 3, 2026
Momentum generated in the second half of January went on pause to start this week. Against a rallying US dollar, sterling could find little momentum as investors remained cautious ahead of Thursday’s Bank of England decision. GBP/USD: the past year 1...
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by Jonathan Cook | Feb 3, 2026
The price of gold and silver fell again on Monday (albeit at a slightly more polite pace), resuming a slide that began last week on the back of policy news from the United States. Precious metals have lost close to 10% since Friday morning, while the US dollar enjoyed...
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