How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...
Credit fund outflows in 2022 unwind last year’s inflows -BofA
LONDON, Dec 2 (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding all of the previous year’s inflows, BofA Global Research...
HSBC will have to share custody with JPMorgan of $52 bln in gold bars
LONDON, Dec 1 (Reuters) – JPMorgan (JPM.N) will join HSBC (HSBA.L) in storing bullion for the world’s biggest gold-backed exchange-traded fund (ETF), the fund’s operator...
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...
Silver heads for biggest deficit in decades, Silver Institute says
LONDON, Nov 18 (Reuters) – Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, creating the biggest deficit in...
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...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...
“60/40” portfolios are facing worst returns in 100 years: BofA
LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...
Gold gains, set for weekly rise as U.S. yields drop
Gold headed for fourth straight weekly gain U.S. Treasury yields dip Aug 12 (Reuters) – Gold prices drifted higher on Friday helped by a drop...