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IAEA Director General Grossi said the agency hopes to visit Iran as soon as possible.
2026-06-26
IAEA Director General Grossi said the agency hopes to visit Iran as soon as possible.
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2026-06-26
China International Capital Co says gold’s selloff since March does not signal the end of the bull market. International gold fell below $4,000/oz, off more than 25% from the March peak of $5,321/oz. CICC cites two primary drivers: US–Iran conflict-d
China International Capital Co says gold’s selloff since March does not signal the end of the bull market. International gold fell below $4,000/oz, off more than 25% from the March peak of $5,321/oz. CICC cites two primary drivers: US–Iran conflict-driven oil and inflation upside, which stoked tightening expectations, and a June FOMC appearance by a Fed official that was read as hawkish — the dot plot revised up inflation expectations and roughly half of the 18 voters signaled support for at least one rate hike this year. Futures markets have priced one Fed hike in 2026 and one in 2027; a stronger dollar has weighed on gold. CICC cautions against linear extrapolation: US inflation may have peaked and could trend down in H2, and the recent hawkish rhetoric does not necessarily mark a permanent Fed shift away from eventual easing. Conclusion: the correction is not the end of the gold bull market; a turnaround may be near. Recommendation: maintain positions and buy on dips.
2026-06-25
Apple said on Thursday it has raised iPad and MacBook prices after it could no longer absorb soaring memory and storage chip costs driven by AI data-center buildouts. The company said the changes do not affect the iPhone, its primary profit driver. T
Apple said on Thursday it has raised iPad and MacBook prices after it could no longer absorb soaring memory and storage chip costs driven by AI data-center buildouts. The company said the changes do not affect the iPhone, its primary profit driver. The move highlights that even the world’s largest consumer-electronics firm is exposed to the memory-price squeeze that has dimmed smartphone and PC demand outlooks. Memory makers such as Micron have prioritized orders from AI chipmakers including NVIDIA, boosting those firms’ profits but creating component shortages for electronics OEMs and forcing price pass-throughs.
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