Gold slides on US jobs growth as Fed-led rally fizzles
U.S. nonfarm payrolls +253,000 in April Global gold demand fell in first quarter of 2023- WGC Palladium up more than 3% May 5 (Reuters) –...
Europeans drain billions from banks, fed up with shrinking savings
LONDON/DUBLIN, May 4 (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up...
Gold advances on fresh banking jitters as Fed verdict looms
FOMC starts two-day meeting on interest rates Fed widely seen raising rates by 25 bps Markets see no chance of another hike in June May...
Dollar gains after strong New York factory survey
SINGAPORE, April 17 (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five...
Dollar heads for longest stretch of weekly losses since 2020
SINGAPORE, April 14 (Reuters) – The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up...
Dollar dips as producer prices cool, euro hits one-year high
NEW YORK, April 13 (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Wall St ends lower, Treasury yields slide as data fuels recession jitters
NEW YORK, April 5 (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch of data fueled worries...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
Global derivatives industry defends CDS after banking blow-ups
LONDON, March 30 (Reuters) – The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns...