Gold rose to $3,299 ahead of the Fed’s next decision on interest rates later this week.Srinophan69/Getty Images Gold prices rose to $3,299 on Monday morning. The jump came ahead of the Fed’s next interest rate decision on Wednesday. Rates are widely expected to remain unchanged, despite pressure from President Donald Trump. Gold prices rose on
(Bloomberg) — Denmark’s AAA rated government bond market is set to get a much-needed boost to liquidity as the central bank takes over financing for the Nordic country’s municipalities. KommuneKredit, which serves local governments and had total loans and leases of about 200 billion kroner ($29 billion) last year, will immediately stop issuing new bonds
Gold has been on a relentless upward trajectory, and it is believed the highly anticipated Rs 1 lakh per 10 grams mark may not be too far off. With central banks continuing to accumulate gold, geopolitical risks persisting, and inflation concerns lingering, the gold rally shows no signs of stopping. Anuj Gupta, Head of Commodities
We recently published a list of the 10 Cheap Gold Stocks to Invest In Right Now. In this article, we are going to take a look at where SSR Mining Inc. (NASDAQ:SSRM) stands against the other cheap gold stocks to invest in right now. The World Gold Council said in its annual report that the
On Tuesday, the central bank reversed the increase in risk weight – or the capital that banks must set aside for every loan to cover for potential loss – on loans to NBFCs, in a move that’s expected to make it easier for banks to boost on-lending, which has been constrained by higher capital requirements.
(Bloomberg) — New Zealand’s central bank intends to reduce interest rates toward a more neutral setting at a measured pace, now that it has begun its easing cycle, Reserve Bank Governor Adrian Orr said. Most Read from Bloomberg The RBNZ cut the Official Cash Rate by a quarter-percentage point to 5.25% yesterday and forecast it
BEIJING (Reuters) – China’s central bank will seek to “enrich” its monetary policy toolbox and will gradually increase buying and selling of treasury bonds in its open market operations, its second-quarter monetary policy implementation report said on Friday. The People’s Bank of China (PBOC) will also seek to steadily lower companies’ financing and household credit