(Reuters) - Major banks expect gold to extend its record-breaking price rally into 2025 because of a revival in large inflows to exchange-traded funds (ETFs) and expectations of additional interest rate cuts from prominent central banks…
By Timothy Gardner WASHINGTON (Reuters) -Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments and questioned an exception issued to the world's largest…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying…
CARACAS (Reuters) -Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, Attorney General Tarek Saab said on Monday, the latest high-profile detention connected to management of Venezuela's sanctioned oil…
The market environment has changed dramatically from that which defined the past two decades.
Interest rates are significantly higher which should bring equity valuations down though that is not the case today.
However, this may be one…
Investing.com-- Gold prices hit a record high in Asian trade on Monday, extending a rally from last week as uncertainty over the U.S. election and anticipation of Israel’s retaliation against Iran fueled safe haven demand. Other…
Investing.com-- Oil prices steadied in Asian trade on Monday after clocking steep losses in the past week, with traders remaining focused on more cues on demand and potential supply disruptions in the Middle East. Prices slid over 7%…
By Colleen Howe BEIJING (Reuters) - Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply…
Yesterday, the Atlanta Fed's GDPNow tracking model raised Q3's real growth rate from 3.2% to 3.4% following a roaring September report (chart).
Real consumer spending was revised up from 3.3% to 3.6%. fell despite worker strikes and…
Ministers are to take a direct role in overseeing the building of the HS2 rail line to try to "get a grip" on the rising cost of the high speed route between London and Birmingham.Transport Secretary Louise Haigh said it had long been!-->…