Risks lie ahead for US credit standing after tentative debt ceiling deal
NEW YORK, May 30 (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit outlook, analysts said, in addition to...
US Congress averts historic default, approves debt-limit suspension
WASHINGTON, June 1 (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion debt...
Credit Suisse bankers leaving by the hundreds every week
ZURICH, May 31 (Reuters) – Hundreds of Credit Suisse (CSGN.S)’s employees are resigning each week in a sign of uncertainty gripping the lender while it...
Gold eases on profit taking after US inflation data
US CPI up 0.4% in April vs 0.1% in March Core inflation well above Fed’s target, analyst says May 10 (Reuters) – Gold prices edged...
Gold gains on economic risks with US inflation in focus
U.S. inflation data due at 8:30 a.m. EDT on Wednesday Equities fall on Chinese data and U.S. debt limit worries Platinum up more than 3%...
Gold ticks up with focus on US inflation data
U.S. banks report tighter lending standards – Fed survey U.S. CPI for April due on Wednesday Palladium up more than 4% May 8 (Reuters) –...
Global equity funds see biggest weekly outflow in five weeks
May 5 (Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a...
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 steadies after Fed-driven run to near-all-time peak
Gold still has prospects to rise further – analyst ECB’s interest rate decision due at 1215 GMT Lofty prices tarnish gold’s lustre in top Asian...