Wall Street analysts say it has further to go
An employee handles one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Bloomberg | Bloomberg...
Treasury yields fall as traders assess prospects of future Fed rate cuts
The 10-year U.S. Treasury yield retreated on Tuesday as traders continued to assess the prospect of future rate cuts from the Federal Reserve. The yield...
The U.S. consumer is ‘walking towards a cliff,’ strategist warns
Trouble is brewing for the U.S. consumer, according to one strategist, and a substantial labor market downturn could kick-start a recession. “I think the U.S....
Central bank gold demand hits first-quarter record, investments surge
The process of crafting gold is seen at the Krastsvetmet company, one of the world’s largest producers of precious metals in Moscow, Russia on January...
A recession is coming — and equity markets may incur some pain, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics, and investors may need...
10-year Treasury yield briefly hits highest level since November
U.S. Treasury yields were little changed on Tuesday to cap off a month of sharp gains, as traders weighed the prospects of tighter for longer...
IMF chief warns world is a very different place after crises like Covid
‘Think of the unthinkable’: IMF chief warns world is a very different place after crises like Covid. Bloomberg / Contributor / Getty Images The Managing...
Hong Kong, Shenzhen stocks fall more than 2%, BOJ holds rates steady
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Monday, April 25, 2022. Toru Hanai | Bloomberg | Getty Images Hong Kong stocks plunged...
Japan’s Nikkei leads losses in mixed Asia markets; SoftBank shares drop 6% after earnings losses
[ad_1] SINGAPORE — Shares in the Asia-Pacific were mixed Tuesday on a quiet data day as markets continue to digest last week’s stellar U.S. jobs...
European stocks close lower after strong U.S. jobs report; Rheinmetall down 12%
[ad_1] LONDON — European markets closed lower on Friday afternoon after a key U.S. jobs report showed unexpected strength in the labor market. The pan-European...