Gold climbs back above $2,000 on dollar retreat
U.S. dollar down 0.4% Markets pricing in Fed’s 25 bps rate hike in May Palladium up over 3% April 18 (Reuters) – Gold prices climbed...
Gold rallies to 1-year peak as economic worries mount
Gold prices just $30 off record highs U.S. weekly jobless claims increase April 13 (Reuters) – Gold surged on Thursday as more weak U.S. economic...
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,...
Gold shines as bets for US rate hike pause gather pace
U.S. CPI comes in below estimates, core in line with estimates Dollar down 0.7%, yields skid Market bets on 25 bps Fed hike in May,...
Gold eases but remains on course for quarterly rise
Key U.S. inflation gauge slightly below expectations All precious metals set to gain in March March 31 (Reuters) – Gold prices were on track for...
Slower China factory activity growth challenges economic recovery prospects
Manufacturing PMI 51.9 in March vs 52.6 in Feb Non-manufacturing PMI expands at fastest pace in nearly 12 years BEIJING, March 31 (Reuters) – China’s...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
Premier Li Keqiang’s Report Projects 5% GDP Growth For China By CoinEdition
[ad_1] Premier Li Keqiang’s Report Projects 5% GDP Growth For China China expects 5% economic growth and aims for 3% inflation and 12M new jobs....
Dollar clings to modest gains on data
U.S. jobless claims fall, showing labor market tightness Fed funds futures price in peak of 5.34% in July Stronger dollar will result in harder U.S....
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...