Over the six months ending June, Fresnillo’s revenue rose by approximately 30% to about US$1.94 billion, while net income surged roughly 297% to US$467.6 million – up from just US$117.7 million in the same period of 2024. This performance was underpinned by disciplined cost controls, lower production costs (aided in part by a weaker Mexican
2025.10.15 2025.10.15 Silver Surges As Bulls Eye New All-Time Highs. Forecast as of 15.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The growing deficit in the silver market, partly due to tariff concerns, is not the only reason for the XAGUSD rally. The debasement trade is thriving not only in gold but also in other precious metals. Let’s discuss this
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European stock markets climbed on Wednesday, largely driven by a massive rally in luxury brands after French giant LVMH delivered surprisingly positive sales results, calming fears about the health of major companies amidst global trade and growth concerns. Luxury group LVMH saw its shares soar over 12%, heading for their best daily performance in almost
Japan’s industrial production declined more than initially estimated in August, final data from the Ministry of Economy, Trade and Industry showed on Wednesday. Industrial production dropped 1.5 percent month-on-month in August, following a 1.2 percent decrease in July. In the initial estimate, industrial output showed a stable contraction of 1.2 percent. Inventories fell 1.0 percent
The Japanese Yen (JPY) sticks to its bullish bias against a broadly weaker US Dollar (USD) for the second straight day and climbs to a one-week high during the Asian session on Wednesday. The risk of a further escalation of US-China trade tensions, along with geopolitical tensions and concerns about a prolonged government shutdown, continues
LSEG readies hard matching on forwards venue – FX Markets Skip to main content End of drawer navigation content Forwards Matching eyes Q4 start for new function that enables faster credit checks London Stock Exchange Group is preparing to offer hard credit functionality on its interbank foreign exchange venue – a move it hopes will
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In its intensifying trade dispute with Washington, Beijing believes it has found a key point of U.S. vulnerability: President Trump’s obsession with the stock market, according to people familiar with Chinese policy discussions. The Wall Street Journal with the report: Chinese officials, including President Xi Jinping, are reportedly convinced the U.S. economy cannot withstand a
Gold price (XAU/USD) extends its upside to near $4,165 during the early Asian session on Wednesday. The precious metal edges higher as traders flock to safe-haven assets amid trade tensions and expectations of a US rate cut. Federal Reserve (Fed) officials are set to speak later on Wednesday, including Stephen Miran, Christopher Waller and Jeff
2025.10.14 2025.10.15 Weekly Economic Calendar for 20.10.2025–26.10.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Last week, political tensions once again drove the markets. Gold surged to a new record high as investors flocked to safe havens following Trump’s statements on new tariffs on China. The US dollar and Swiss franc also remained in demand, ranking just behind gold and government
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The U.S. Department of the Treasury has launched one of its largest-ever financial crime crackdowns, moving to seize 127,271 bitcoin valued at about US$12 billion from Chinese national Chen Zhi and his Cambodia-based Prince Group, which Washington has designated as a transnational criminal organization. The Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Small business morale in the U.S. eroded for the first time in three months in September as business struggle with rising inflation, weaker sales outlook and labor shortage, survey data from the National Federation of Independent Business showed on Tuesday. The NFIB Small Business Optimism Index dropped 2.0 points to 98.8 in September. Economists had
Germany’s DAX index experienced a downturn, closing approximately 0.6% lower at 24,232 on Tuesday, reaching its lowest point in nearly two weeks. Investors considered the renewed trade tensions between the United States and China, along with the ongoing U.S. government shutdown, while evaluating various corporate developments. In France, Prime Minister Sébastien Lecornu announced the suspension
Bank of England (BoE) Governor Andrew Bailey spoke at a fireside chat at the Institute of International Finance Annual Membership Meeting in Washington, DC. In his speech, Bailey claimed that today’s labor market data backs his view of a softening labor market. Key Quotes Today’s labor market data backs my view of a softening labour
