Gold prices retreated below the key $1,500 level on Wednesday as traders booked profits and focus turned to the minutes of the U.S. Federal Reserve's July meeting for clues on future interest rate... » read more
Hong Kong shares closed higher on Wednesday, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the... » read more
The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve's July meeting later in the day for fresh clues... » read more
European stocks traded higher Wednesday as investors await minutes from a meeting of the U.S. Federal Reserve, while President Donald Trump showed no signs of easing off on trade tensions with... » read more
Oil climbed after an industry report indicated that U.S. crude inventories fell for the first time in three weeks, countering growing concern that the global economy is headed for... » read more
Gold prices slipped on Wednesday in Asia ahead of the highly anticipated Jackson Hole symposium. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile... » read more
Tokyo stocks fell on Wednesday, tracking losses on Wall Street as investors locked in profits following a three-session winning streak. The benchmark Nikkei 225 index slid 0.28 percent, or 58.65... » read more
After enjoying a long summer vacation, children in America get ready to go back to school in late August or early September. In addition to receiving school supplies, adults also buy special... » read more
Gold held an advance as President Donald Trump showed no urgency to resolve the trade conflict with China, saying he wasn’t ready to make a deal, while investors awaited more clues... » read more
Hong Kong stocks opened lower on Wednesday, extending the previous day's losses and tracking a negative lead from Wall Street as investors await news of developments in the China-US trade spat. The... » read more
The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal... » read more
Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in... » read more
Tokyo stocks opened lower on Wednesday following losses on Wall Street amid lingering trade war concerns and falls in Europe on the political crisis engulfing Italy. The benchmark Nikkei 225 index... » read more
Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30... » read more
U.S. stocks finished lower on Tuesday as geopolitical jitters and U.S. economic concerns hung over investors ahead of the Federal Reserve's Jackson Hole symposium at the end of the week. The... » read more
Front-month oil futures contracts settled higher for a third straight session on Tuesday, ahead of U.S. government data that are expected to reveal a weekly decline in domestic crude stockpiles,... » read more
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Hong Kong shares closed higher on Wednesday, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the week. The Hang Seng Index closed up 0.15 percent, or 38.50 points, at 26,270.04. The benchmark...
Two gauges of manufacturing sentiment held their own in August, according to data released Thursday. The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in July. Economists had expected a much bigger drop to 11.1, according to Econoday. The Empire...
Gold prices retreated below the key $1,500 level on Wednesday as traders booked profits and focus turned to the minutes of the U.S. Federal Reserve's July meeting for clues on future interest rate cuts. Spot gold was down 0.5% at $1,498.84 per ounce by 08:18 GMT. U.S. gold futures were also 0.5%...
| Time | Country | Im | Figures | Previous | Forecast | Actual |
|---|---|---|---|---|---|---|
| 15.30 | GBP | M | Public Sector Net Borrowing | 5.7B | -3.7B | -2.0B |
| 21.00 | U.S | L | Existing Home Sales | 5.27M | 5.41M | |
| 21.30 | U.S | L | Crude Oil Inventories | 1.6M | -1.4M | |
| Tentative | EUR | L | German 30-y Bond Auction | 0.30|1.1 |
Australia's central bank discussed unconventional monetary policies, including negative interest rates, at its August board meeting as it left the door ajar for further easing having already cut rates twice to 1%. Minutes of the Reserve Bank of Australia's (RBA) Aug.6 meeting showed it would consider further cuts to interest rates if it was needed to support growth and achieve its 2% to 3% inflation target. The RBA left interest rates at all-time lows earlier this month after easing by a quarter point in both June and July. Financial markets are fully priced for another rate cut to 0.75%...
After enjoying a long summer vacation, children in America get ready to go back to school in late August or early September. In addition to receiving school supplies, adults also buy special backpacks, bulletproof backpacks for their children. Especially after the mass shooting tragedy in El...
After three-straight weeks of gains, cracks are starting to appear in gold's bullish veneer, particularly among Wall Street analysts, according to the latest results of the Kitco News Weekly Gold Survey. It has been a volatile week for the precious metal as unprecedented recession fears and new...