Gold tests $1960

Shotgun-Wielding Man Killed By Law Enforcement After Breaching Mar-a-Lago's Security Perimeter U.S. Secret Service spokesman Anthony Guglielmi reported on X that a young male was shot and killed after breaching the security perimeter at Mar-a-Lago in Palm Beach, the private resort owned by President Donald Trump. Guglielmi said the incident unfolded around 1:30 a.m. ET, when the man, in his early 20s, was shot by Secret Service agents following an unauthorized entry into the secure perimeter at Mar-a-Lago. "The individual was observed by the north gate of the Mar-a-Lago property carrying...

Despite Tumbling Rates, US Home Price Acceleration Slowed In January US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices). After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)... Source: Bloomberg This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023. "Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...

Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time Australia's largest ammonia plant will be shut for two months to repair damage caused by a power outage, amidst a global supply crunch for the vital fertiliser and explosives ingredient. To say that the shutdown comes at the worst possible time for the global fertilizer market would be an understatement: more than a quarter of the world's traded ammonia flows through the Strait of Hormuz, as do 43% of urea shipments, the fertilizer made from...