by admin | Aug 5, 2024 | Business, Market Makers
By Mike Dolan LONDON- Catch the cresting wave? After numerous bruising false starts, there’s now a dash to lock onto what are still some of the highest government and corporate bond yields in 15 years before they evaporate as central bank easing finally gets underway...
by admin | Aug 5, 2024 | Business, Market Makers
By Reuters BENGALURU- Gold prices retreated on Friday as profit-taking kicked in after bullion jumped over 1 percent earlier in the session on hopes of rate cuts buoyed by weaker than expected US jobs data. Spot gold fell 0.5 percent to $2,432.19 per ounce. US gold...
by admin | Aug 5, 2024 | Business, Market Makers
By Lewis Krauskopf NEW YORK- Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt US growth. Alarming economic data in recent days have deepened those concerns. US...
by admin | Aug 5, 2024 | Business, Market Makers
By Reuters BENGALURU- Most emerging Asian stock markets tumbled on Friday, with South Korea and Taiwan leading the decline, as US slowdown fears soured risk appetite globally. Investor sentiment was spooked following a weak US manufacturing report, even as the Federal...
by admin | Aug 5, 2024 | Business, Market Makers
By Reuters NEW YORK- The US dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours. Employers added...
