Today: 7 February 2026
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Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Brent crude fell 0.9% to $64.63 a barrel Thursday, with U.S. WTI down the same to $60.08, as traders eased geopolitical risk bets after Trump softened his stance on Greenland and Iran. The International Energy Agency projects a global oil surplus in early 2026, while U.S. crude inventories rose by 3.04 million barrels last week. Kazakhstan’s Tengiz oilfield remains shut after a Jan. 18 fire.
22 January 2026
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National Grid’s North Wales grid upgrade clears a planning hurdle — what the Pentir–Trawsfynydd plans include

National Grid’s North Wales grid upgrade clears a planning hurdle — what the Pentir–Trawsfynydd plans include

National Grid said four planning applications for its Pentir-to-Trawsfynydd electricity upgrade in north Wales have been validated by local authorities. The project includes a 5.8-km cable replacement under the Glaslyn Estuary and a new substation south of Bryncir. Construction could begin in summer 2026 if approved, with full operation targeted for 2030.
22 January 2026
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HMRC’s Tax Fine Shake-Up: Penalty Points Loom as Making Tax Digital Hits Landlords

HMRC’s Tax Fine Shake-Up: Penalty Points Loom as Making Tax Digital Hits Landlords

HMRC will replace instant late-filing fines with a penalty-points system for Making Tax Digital taxpayers from April 6. Landlords and sole traders earning over £50,000 must comply first, but a survey shows most landlords feel unprepared. A £200 penalty will apply only after repeated missed deadlines. Industry groups are urging the government to soften penalties during the transition.
22 January 2026
Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

The average 30-year fixed mortgage rate stood at 6.13% early Thursday, with refinance rates at 6.50%, Bankrate reported. Mortgage applications jumped 14.1% last week as rates dipped, while contracts to buy existing homes fell 9.3% in December, according to the Mortgage Bankers Association and National Association of Realtors. The 10-year Treasury yield ended Wednesday at 4.26%.
22 January 2026
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Bitcoin price today: BTC steadies near $90,000 after Trump drops Greenland tariff threat

Bitcoin price today: BTC steadies near $90,000 after Trump drops Greenland tariff threat

Bitcoin rose 0.8% to $89,874 in premarket trading Thursday, holding just below $90,000 after swinging between $87,304 and $90,379. U.S. President Trump’s retreat from Greenland-related tariffs spurred a brief rally in risk assets. Japan’s bond selloff continued, with 30-year yields hitting a record 3.88% this week. Options data shows traders remain cautious, with a 30% chance of bitcoin dropping below $80,000 by late June.
22 January 2026
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AI stocks today: Intel earnings, Nvidia export vote and rising memory prices in focus

AI stocks today: Intel earnings, Nvidia export vote and rising memory prices in focus

Intel jumped 11.7% to $54.25 Wednesday, leading gains among AI chipmakers ahead of its quarterly report; Nvidia rose 3%, AMD 7.6%, and Micron 6.6%. Compal warned memory costs could reach up to 40% of PC component prices due to surging demand. The U.S. House advanced a bill to tighten AI chip exports, targeting Nvidia’s Blackwell chips. The S&P 500 rose 1.16% after Trump’s Greenland deal and tariff pause.
22 January 2026
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Natural gas price jumps above $5 as deep-freeze forecast tightens supply — storage report looms

Natural gas price jumps above $5 as deep-freeze forecast tightens supply — storage report looms

U.S. Henry Hub natural gas futures jumped about 10% to $5.38 per mmBtu early Thursday as a late-January cold snap fueled demand and raised concerns over production freeze-offs. The February contract’s two-day rally totaled 57%, the largest on record. Traders await the U.S. storage report due at 10:30 a.m. EST. Production in the Lower 48 averaged 108.7 bcfd so far in January, down from December.
22 January 2026
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XRP price today climbs after Ripple-linked headlines hit the tape

XRP price today climbs after Ripple-linked headlines hit the tape

XRP rose 2.8% to $1.95 premarket Thursday, hitting a 24-hour high near $1.98. Binance launched spot trading for RLUSD, Ripple’s stablecoin, adding several pairs and waiving some fees. DXC Technology announced it will integrate Ripple’s custody and payments tech into its Hogan banking platform. Bitcoin traded near $89,900, while ether approached $3,000.
22 January 2026
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Silver price today: Silver holds near record highs as traders brace for U.S. PCE data

Silver price today: Silver holds near record highs as traders brace for U.S. PCE data

Spot silver rose 0.5% to $93.71 an ounce in early Thursday trading, staying below Tuesday’s record $95.87. The dollar steadied after tariff fears eased, while traders awaited U.S. jobless claims and inflation data. Indian silver premiums hit a record $8 an ounce on import duty concerns. Global stocks edged higher as market focus shifted back to interest rates.
22 January 2026
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Gold price today: Bullion slips from record highs as dollar firms and U.S. inflation data looms

Gold price today: Bullion slips from record highs as dollar firms and U.S. inflation data looms

Spot gold fell 0.3% to $4,824.18 an ounce Thursday after hitting a record high the previous day, as easing U.S.-Greenland tariff tensions boosted risk appetite. Traders are watching U.S. PCE inflation and jobless claims for signals on interest rates. Goldman Sachs raised its 2026 gold forecast to $5,400 an ounce, citing strong private and central bank demand.
22 January 2026
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
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