Caroline Hepker

Silver rising as much as 8.1%, erasing the previous day's losses before pairing gains.

Bloomberg's Brendan Fagan says the worst of the sell-off appears to be over.

Bloomberg's Brendan Fagan was speaking after investors had been piling into gold and silver over recent weeks, driven by renewed concerns about geopolitical upheaval, currency debasement and threats to the Federal Reserve's independence.

France's inflation rate has dropped to its lowest level in five years.

Consumer prices rose by 0.4% in January compared to a year ago, below the average estimate.

It comes as France's parliament adopted a budget for 2026 after the Prime Minister survived two no-confidence votes.

The new legislation has smaller spending cuts and tax increases than earlier proposals, meaning that the deficit for the year will be larger than initially planned.

But the concessions mean that Prime Minister Sebastien Le Corneau has avoided the fate of his predecessors, who were both forced to resign because of disagreements over austerity measures.

That's news when you want it with Bloomberg News Now.

I'm Caroline Hepker.

And I'm Caroline Hepker.

US President Donald Trump and India's Prime Minister Narendra Modi have agreed a surprise deal to slash American tariffs.

US levies on Indian goods are being cut from 25% to 18%, while an additional 25% punitive duty...

tied to purchases of Russian oil, is being scrapped.

Writing on social media, Trump said that India had agreed to buy $500 billion of US goods and halt crude purchases from Russia as part of the deal.

Speaking to Bloomberg, India's chief economic advisor, Ananta Nagaswaran, hailed the boost to India's markets and economy.

That was India's chief economic advisor, Ananta Nagaswaran.

At 18%, India's tariff is now lower than most of Southeast Asia.

Now, the UK's Metropolitan Police says that it's reviewing reports that Peter Mandelson committed misconduct in public office following the latest release of Epstein files.

Documents appear to show that the former UK ambassador to the US leaked sensitive government information to the convicted sex offender while serving as a minister in Gordon Brown's Labour government.