Silver Steps Back From Record Levels

Scholastic has agreed to sell its headquarters located in New York City as part of its efforts to streamline its publishing business and monetize its assets. This decision reflects the company's strategic shift in response to changing market conditions.

Oil prices have declined as traders closely monitor ongoing peace talks between Russia and Ukraine, raising concerns about the stability of oil supplies from Venezuela. The January WTI contract has seen a notable drop, reflecting market anxieties over geopolitical tensions and their potential impact on oil production.

Treasury yields remained relatively stable as markets await key economic data ahead of the upcoming Federal Reserve meeting, reflecting a cautious sentiment among investors.

The U.S. dollar is at risk of falling if the next Federal Reserve chair adheres to President Trump's push for interest rate cuts despite ongoing inflation concerns, according to Commerzbank. This situation highlights the tension between monetary policy and inflation management as the Fed prepares for leadership changes.

After years of low returns, portfolio managers are beginning to reassess their holdings in commercial real estate, recognizing that current prices may present attractive investment opportunities. This shift indicates a growing confidence in the sector as valuations become more appealing.

BP has officially withdrawn its application to develop the H2Teesside hydrogen project in Northern England, citing a competing proposal for a data center on the same site. This decision reflects a significant shift in the company's strategic focus within the renewable energy sector.

U.S. futures fell, ending a five-day winning streak, while the dollar remained weak following a significant selloff in cryptocurrencies, particularly Bitcoin, which has seen a notable downturn recently. This decline in Bitcoin's value has raised concerns among investors and market analysts alike.

Endeavour Mining has announced its ambitious target to discover between 12 to 15 million ounces of mineral resources over the next five years, with an exploration budget of approximately $540 million and expected discovery costs below $40 per ounce. This strategic initiative aims to significantly enhance the company's resource base.