(Bloomberg) — Gold (GC=F) surged on revived demand for safer assets as the US and China traded accusations, while a dramatic series of attacks clouded the prospects of peace between Russia and Ukraine. Most Read from Bloomberg Bullion climbed more than 2% after Kyiv staged drone strikes across Russia on Sunday, hitting airfields as far
(Bloomberg) — Gold advanced after US economic data supported the case for the Federal Reserve to continue cutting interest rates this year. Most Read from Bloomberg The latest data showed producer prices in the US unexpectedly declined by the most in five years. Separate data showed retail sales barely rose. Treasury yields fell, and swaps
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
(Reuters) -Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession. Foreigners purchased a net $7.16 billion worth of regional bonds during the
The stock market sold off rapidly over the past few weeks, leading many to label this a stock market crash brought on by President Donald Trump’s tariff announcements. Stocks moved down sharply this week as reciprocal tariffs went into effect; they recovered quickly as Trump announced tariff relief on every country except China, but continued
The Port of Brunswick was named the busiest port for automobiles and heavy equipment. You can bet people at the Port of Brunswick and Port of Savannah are watching today’s tariff announcements by President Donald Trump closely. Channel 2 Action News got access to the Port of Brunswick to see construction there just a week
A fresh inflation report tanked stocks on Friday, as investors reacted to data that showed prices rose faster than expected last month. Major US indexes opened lower and dropped steadily through the morning. The sell-off accelerated around midday, with the Dow Jones Industrial Average losing over 600 points and the Nasdaq Composite plunging more than
US stock futures held steady as a weary Wall Street took comfort in signs that President Donald Trump could offer leeway ahead of the next major tariff deadline. Futures attached to the Dow Jones Industrial Average (YM=F) flatlined. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq Composite (NQ=F) ticked up 0.1%.
HONG KONG (AP) — Asian shares were mostly lower on Monday after gains in technology stocks snapped Wall Street’s four-week losing streak. U.S. stock futures advanced as investors awaited developments on U.S. President Donald Trump’s tariffs, as reports suggested he may narrow his broad approach to focus on countries that run significant trade surpluses with
US stock futures traded flat as Wall Street digested mixed messages from the Federal Reserve in the wake of its decision to hold interest rates steady. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq Composite (NQ=F) dipped 0.1%. CBOT – Delayed Quote • USD As