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STIMULUS RIFT
German government averts crisis with budget agreement for Europe's largest economyThe German government, led by Chancellor Olaf Scholz, reached an agreement on Friday regarding the 2025 budget and a stimulus package for t...- G20 talks enter final day as emergency meeting held over Poland blastsU.S. President Joe Biden said after the meeting on the Indonesian island of Bali that the United States and its NATO allies were investigat...
- Xi Jinping's infamous zero-covid policy takes toll on cash-strapped local govtGovernment Medical and health spending on the national and local levels totalled 730.3 billion yuan (USD 110 billion) for the first four mo...
- Virus worries buoy dollar, pound swung by Brexit gyrationsThe pound has fallen for three straight days as time runs out for London to reach a trade deal with Brussels before the UK completes its ex...
- European shares steady ahead of ECB decision; FTSE 100 shines on weaker poundThe pan-European STOXX 600 index was flat, while London's FTSE 100 rose 0.5% as the pound resumed its slide.
- Wall Street ignores political rift over stimulus in US, and whyThe impasse between Republican and Democratic negotiators over renewed coronavirus relief proved no bar to the S&P 500 Index notching a thi...
- Gold edges above $1,800/oz, propped up by virus woesSpot gold rose 0.2% to $1,805.83 per ounce by 10:42 am EDT (1442 GMT). U.S. gold futures fell 0.2% to $1,810.20.
- Gold prices ease on firm dollar, but hold near $1,800 on virus fearsUS gold futures fell 0.8 per cent to $1,799.60.
- Gold clocks up as US-China tensions sour risk appetitePalladium was flat at $1,930.67 per ounce, platinum declined 0.9% to $830.81, and silver fell 0.3% to $17.38.
- Gold gains 1% as US-China rift adds to economic woesUS gold futures rose 0.6 per cent to $1,720.90.
- Gold prices fall 1% as recovery optimism bolsters risk appetiteUS gold futures shed 1.3 per cent to $1,713.50.
- Yellow metal may top record: CitigroupGold hit a six-year high this month as central banks ease policy to address the slowdown in growth amid the trade war.
- French President Emmanuel Macron emerges as a global leader with deft handling of global crisesThe G-7 summit has clearly established that Macron is emerging as the global leader amid US-China trade war, growing US-Europe rift, Brexit...
- Kuroda's deputy warns BOJ must limit side effects of easy policyNot all in BOJ agree that maintaining the status quo would be the best approach.
- U-turn: Suddenly Trump again a known unknown for economy, marketsTrump's focus on immigration and trade may prove more than disappointing for Wall Street and Corporate America; it could prove downright di...
- Bank of Japan to ease more if inflation target is at risk“If market moves, be it currency rates or something else, threaten achievement of our price target, we won’t hesitate in taking additional ...
- Gold declines before US jobs data as Portugal concerns baseGold today declined on speculation that a political rift in Portugal will be resolved today and as investors awaited US jobs data that may ...
- Hollande's push for European bonds turned downOn Wednesday night's European leaders summit, the outcome was, as expected. Hollande's push for joint European bonds was flatly turned down.
- ECB likely to maintain its main lending rate at a record low of 1%A rift between ECB governors has opened over pursuing purchases of Eurozone govt debt, with German central bank chief Axel Weber saying he ...
- G-8 finance officials discuss economic recoveryRifts emerged at a summit of top finance officials here today over the importance of winding down hefty government stimulus plans now that ...
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