Fed’s words in focus as markets bet rate hikes will soon end
Jan 30 (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
Gold jumps to six-month high on China reopening optimism
Gold rises to highest level in half a year (.DXY) down 0.2% Benchmark 10-year yields reach highest level since Nov. 15 China to drop quarantine...
U.S. Senate passes record $858 billion defense act, sending bill to Biden
WASHINGTON, Dec 15 (Reuters) – The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than...
Global equity funds record biggest weekly outflows in three months
Dec 9 (Reuters) – Outflows from global equity funds in the week ended Dec. 7 hit a three-month high on fears that interest rates could...
U.S. equity funds register biggest weekly outflow in about 1-1/2 years
Dec 9 (Reuters) – U.S. equity funds posted enormous outflows in the week to December 7 as investors fretted over the Federal Reserve’s rate hikes,...
Gold soars 2% as Fed rate hike slowdown prospects hit dollar
Gold highest since early August, futures surge over 3% Silver climbs more than 2% to highest since May Dollar drops to near four-month low Focus...
Gold near 3-week peak on dollar slide; U.S. inflation data in focus
Traders await U.S. inflation data on Nov. 10 Gold rose more than 3% on Friday Dollar hits over one-week low Nov 7 (Reuters) – Gold...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...