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Gold's short-term volatility contrasts with long-term bullishnessRecently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This sta...
Planning to invest in gold and silver this Diwali? 7 experts decode the risks, outlook and allocation strategyDuring the festive season of Diwali, many investors in India turn to gold and silver as traditional investment choices. With the backdrop o...
Charting the global economy: Job growth in US tops all forecastsUS employment rose significantly last month, with the jobless rate declining to 4.1%, indicating robust economic activity. Labor productivi...
Eurozone bond yields set for biggest weekly fall since September as investors seek safetyEurozone government bond yields are heading for their steepest weekly decline since late September as investors seek safe-haven assets amid...
- Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing ...
Fed's Beth Hammack favors gradual rate-hike path to lower inflationCleveland's Federal Reserve President Beth Hammack has emphasized the need for additional rate hikes to achieve the target inflation rate o...
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflationIn a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next yea...
Rising oil prices cap India bond rally; traders cash in gainsIndian government bonds saw a rise as traders reacted to a US Treasury rally and falling crude prices. The benchmark 6.94% 2036 bond yield ...
Barclays infuses Rs 1500 cr into Indian operationsBarclays Bank Plc has infused over ₹1,500 crore (£125 million) into its Indian operations, marking its third capital infusion in five years...
Glittering Prospects: Why Gold is the ultimate sweet spot this DhanterasGold is trading over 20% below its peak ahead of Dhanteras, offering long-term investors a potential staggered buying opportunity. Central-...
Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
- Global markets were already fragile. Big AI bets could break them
Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which ...
Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
Explained: Why gold investors should tone down expectations as yellow metal plunges to a 1-year lowGold has fallen more than 30% from its January record high, with rising oil prices, inflation concerns and expectations of further Fed rate...
HSBC to open Hong Kong AI Institute following Singapore launchThe AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner, Elhedery said, though he did not ...
5 key global market themes investors will watch this weekGlobal markets brace for a crucial week featuring US midterm elections, jobs data, major AI-linked earnings and central bank decisions, alo...
Charting the global economy: Central banks hold rates steadyGlobal central banks have opted to keep interest rates unchanged amidst growing inflation worries stemming from energy costs. While the Fed...