Investing.com-- Gold prices fell slightly in Asian trade on Monday, and were nursing a tumble from record highs as strong U.S. payrolls data fueled bets on a smaller interest rate cut by the Federal Reserve. The yellow metal fell from…
Investing.com-- Oil prices fell in Asian trade on Monday, retreating after a flare-up in Middle East tensions sparked their biggest weekly gain in over a year, with focus squarely on the long-running Israel-Hamas war. Some positive…
The Chinese real estate market is de-leveraging very hard.
Economists estimate Chinese households have suffered $10+ trillion of wealth losses as a result.
There is now a strong urge to stop the bleeding amongst Chinese policymakers.…
Business & FinanceEconomy06 September 2024, 11:06 am 1 minute
Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block…
ZUMA Press Wire/ShutterstockSue Gray has quit her role as Prime Minister Sir Keir Starmer's chief of staff, saying she "risked becoming a distraction".She had been caught up in rows over pay, after the BBC's political editor revealed !-->!-->…
ULKEN, Almaty region, Kazakhstan (Reuters) -Kazakhstan voted in a referendum on Sunday on whether to build its first nuclear power plant, and an exit poll showed voters backed the idea promoted by President Kassym-Jomart Tokayev's cabinet…
(Reuters) - Hurricane Milton is forecast to rapidly intensify during the next couple of days and become a major hurricane on Monday, the U.S. National Hurricane Center said on Sunday.
Currently, about 290 miles (465 km) west-northwest of…
On September 18, 2024, the headlines read the Fed cut the Fed Funds rate by 50 basis points. At first blush, one would think that a trader with a crystal ball a couple of days before the Fed action would buy bonds and lick their chops…
ALMATY (Reuters) - Kazakhstan votes in a referendum on Sunday on whether to build its first nuclear power plant, an idea promoted by President Kassym-Jomart Tokayev's government as the Central Asian nation seeks to phase out polluting coal…
String of strong data has markets reduce rate cut expectations this year by 25bpsThe US economy has seen a string of good data recently and it has markets dialing back their (aggressive) rate cut pricing.10 days ago, markets…