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Gold soared to unprecedented levels on February 10, 2025, as escalating trade tensions and geopolitical uncertainty fueled a surge in safe-haven demand. Spot gold peaked at $2,911.30 per ounce during the session before settling at $2,902.16, up 1.4%.
U.S. gold futures closed even higher at $2,929.60 per ounce, marking a 1.62% daily gain. This rally
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Read more: Gold Hits Record High as Trade War Fears Ignite Safe-Haven Demand
Write comment (94 Comments)Nubank, one of Brazil's leading fintech companies, will launch a VIP lounge at São Paulo's Guarulhos International Airport this week.Cristina Junqueira, the company's co-founder and Growth Director, announced the opening on social media, verifying the event will occur on October 13. The lounge, located in Terminal 3 for international f
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Read more: [Brazil] - Nubank Joins VIP Lounge Race at Guarulhos Airport with Exclusive Offering
Write comment (95 Comments)The Brazilian real strengthened against the US dollar on Monday, closing at R$5.7860, a 0.13% decline in the dollar’s value. This marked a reversal after two consecutive sessions of gains for the US currency.
The movement contrasted with global trends, where the Dollar Index (DXY), which measures the dollar against six major currencies, rose 0.27%
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Read more: Dollar Drops to R$5.78 Amid Easing Concerns Over Trump Tariff Threats
Write comment (90 Comments)Oil prices got on February 10, 2025, driven by escalating geopolitical risks in the Middle East and financial unpredictability coming from new U.S. trade policies.Brent crude, the global standard, increased 1.6% to $75.87 per barrel. Meanwhile, U.S.-based West Texas Intermediate (WTI) got 1.85%, closing at $72.32 per barrel.These increases reflect
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Read more: Oil Prices Rise as Geopolitical Tensions and U.S. Tariffs Shake Markets
Write comment (94 Comments)The US dollar strengthened on Monday in Colombia, closing at COP 4,133.10, marking a boost of COP 19.4 compared to the Representative Market Rate (TRM) of COP 4,113.70. This movement came as markets responded to former United States President Donald Trump's statement. He exposed brand-new 25% tariffs on all steel and aluminum imports into the United States.Dur
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Read more: U.S. Tariffs Shake Markets as Dollar Rises Against Colombian Peso
Write comment (98 Comments)Moody's has actually issued a warning that the World Bank and other leading multilateral development banks (MDBs) could lose their AAA credit rankings. This might happen if the United States lowers its financial support.This alert follows an executive order from previous President Donald Trump. The order required an evaluation of U.S. involvement in global
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Read more: Moody's Warns U.S. Cuts Could Threaten World Bank's AAA Credit Rating
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