Search Results for: Gold
Gold Holds Gains as Investors Assess Pace of Stimulus After Data
April 7th, 2014
Gold held the biggest one-day advance in more than three weeks as U.S. jobs data that trailed analysts estimates damped speculation that the Federal Reserve will step up the pace of stimulus reduction. Bullion for immediate delivery traded at ...
Japan Sales Tax Hike Boosts Popularity Of Gold As Investors Rush To Beat Implementation Of Tax
April 3rd, 2014
Japanese shoppers have snapped up gold bars ahead of a controversial hike in the country’s sales tax, which takes effect Tuesday, a key part of Prime Minister Shinzo Abe’s economic “Abenomics” reforms. Tokyo’s Tanaka Kikinzoku Jewelry K.K., Japan’s largest ...
Dollar Strengthens as Gold Declines Before Fed Decision
March 19th, 2014
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...
Speculators See Gold Gaining With Wheat on Ukraine: Commodities
March 17th, 2014
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities. Speculators have the biggest bet on a ...
European stocks rose
January 26th, 2024
European stocks rose on Friday, bucking weakness in US equity futures and in Asian markets, as an update from the world’s largest luxury retailer showed that spending among the wealthiest consumers remains resilient. Europe’s Stoxx 600 index advanced as ...
European stocks are seen opening on a flat note
October 12th, 2022
European stocks are seen opening on a flat note Wednesday after five consecutive sessions of losses. Recession worries persist with U.S. President Joe Biden conceding Tuesday in an interview that a “very slight” recession was possible. U.S. stock futures ...
The Strangest ‘Safe Haven’ Asset Ever?
September 29th, 2021
Not so long ago, companies that make recreational vehicles were great indicators of market tops. Since RVs were frequently the final pointless toy that people bought (after motorcycles, boats, and massive pickup trucks) in the debt orgy that defines ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
European stocks are expected to struggle for direction at the open on Tuesday
July 13th, 2021
European stocks are expected to struggle for direction at the open on Tuesday ahead of earnings reports from several big banks in the U.S. London’s FTSE is seen opening 5 points lower at 7,128, Germany’s DAX 1 point higher ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
