(Bloomberg) — China saw an explosive surge in gold trading last week as the metal hit successive records and Sino-US trade tensions rose. Most Read from Bloomberg The Shanghai Futures Exchange saw trading volumes of the precious metal hit the highest level in a year last week. That was thanks to investors and industry players
(Bloomberg) — Spain proposed setting up a new defense fund to provide non-refundable grants to beef up Europe’s defense lines and provide support for Ukraine using Russia’s immobilized central bank assets. Most Read from Bloomberg Economy Minister Carlos Cuerpo urged his European Union counterparts Saturday to create such a temporary instrument to finance large-scale European-wide
(Bloomberg) — Billed on Wall Street as so rock-solid safe they’re risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut. Most Read from Bloomberg But now, as President
(Bloomberg) — Gold (GC=F) rose again after posting its biggest one-day gain in 18 months, as confusion over US President Donald Trump’s tariff agenda drove investors to buy the precious metal as a haven. Bullion climbed as much as 1.6% on Thursday and was trading less than $50 short of last week’s all-time high. That’s
(Bloomberg) — The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market. Most Read from Bloomberg The decision covers a number of companies including US oil firm Global Oil
(Bloomberg) — A conservation group is challenging Britain’s government in a London court over 31 North Sea oil and gas exploration licenses that it says could put marine protected areas and climate stability at risk. Most Read from Bloomberg Oceana UK, part of an international conservation organization, said licenses granted by the previous Conservative cabinet
(Bloomberg) — Stocks rallied as traders snapped up battered tech shares, while signs that US tariffs will be more targeted than anticipated reduced the appetite for safety. Bonds fell. Oil climbed as President Donald Trump said he would seek a 25% tariff on nations buying crude and gas from Venezuela. Most Read from Bloomberg Wall
(Bloomberg) — US Treasuries consolidated gains in a choppy trading session with markets remaining confident that policymakers at the Federal Reserve are still on a path toward lower interest rates. Most Read from Bloomberg The advance on Thursday briefly pushed yields on five-year notes below 4% for the first time since mid-March, with action in
(Bloomberg) — To the traders who have been piling into the US bond market, the Federal Reserve delivered a message they’d been waiting to hear: US growth will likely slow, any increase in inflation should be brief, and interest rates will probably come down more before the year is out. Most Read from Bloomberg Even
(Bloomberg) — B. Riley Financial Inc. missed the deadline for filing its annual report for a third year in a row, delaying its to return to a normal schedule as the firm deals with the aftermath of soured investments. Most Read from Bloomberg The delay stems from the impact of discontinued operations on presentations of