Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years
Gold pared losses after weaker-than-expected US business activity data helped underpin the case for Federal Reserve rate cuts this year.
Gold pared losses after weaker-than-expected US business activity data helped underpin the case for Federal Reserve rate cuts this year.
Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t expect the president to fully use his new powers any time soon.
The European Central Bank can envisage reducing borrowing costs if new forecasts and fresh data confirm consumer-price growth is headed back to 2%, Governing Council member Joachim Nagel said.
Emerging-market stocks rose for a second day amid signs of easing tensions in the Middle East and after softer-than-expected US economic data sent US Treasury yields lower.
For a company that has been in crisis mode for as long as Boeing Co., the planemaker has some startlingly upbeat support from Wall Street.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}