2025/03/24
Gold prices edged higher on Tuesday amid persistent uncertainty over impending reciprocal U.S. tariffs and their impact on the global economy.
More⋯2025/03/21
Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman Sachs (GS.N), note sent to clients on Thursday.
More⋯2025/03/20
Gold prices were steady on Thursday, after touching another record high earlier in the session, driven by the Federal Reserve's indication of likely interest rate cuts later this year and geopolitical and economic uncertainty fuelling safe-haven demand for the bullion.
More⋯2025/03/19
Wall Street rallied sharply and Treasury yields fell on Wednesday as investors bet that the Federal Reserve will look through rising price pressures and continue cutting interest rates this year, after new projections showed that officials now expect lower growth and higher inflation.
More⋯2025/03/19
Gold prices inched up on Wednesday as rising concerns over U.S. President Donald Trump's tariff plans and the Middle East boosted interest in the safe-haven asset, even as investors awaited the Federal Reserve's policy decision later in the day.
More⋯2025/03/18
U.S. stock index futures slipped on Tuesday ahead of the Federal Reserve's upcoming meeting that will be closely monitored for commentary from the central bank on potential economic ramifications of ongoing tariff disputes.
More⋯2025/03/17
When Nvidia CEO Jensen Huang takes the stage this week for the company's annual software developer conference, he will defend his nearly $3 trillion chip company's dominance as pressure mounts on its biggest customers to rein in the costs of artificial intelligence.
More⋯2025/03/14
U.S. stocks were on track for a higher open on Friday following a week-long selloff triggered by fears of a growth slowdown due to the Trump administration's erratic trade policies, while gold stocks rose as the precious metal breached the $3,000 level.
More⋯2025/03/13
March 13 - Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its expectations to two rate cuts by the Federal Reserve for the year from one.
More⋯2025/03/12
President Donald Trump reversed course on Tuesday afternoon on a pledge to double tariffs on steel and aluminum from Canada to 50%, just hours after announcing the higher tariffs, in rapid-fire moves that scrambled financial markets. The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
More⋯2025/03/11
Wall St's withering stock selloff has now wiped out virtually all post-election gains and risks turning into a momentum-driven rout unless there's some change in the darkening economic picture or the uncertain U.S. government trade policy stance.
More⋯2025/03/10
Futures tied to Canada's main stock index fell on Monday as concerns of a global trade war persisted, while investors also eyed the Bank of Canada's interest rate decision later in the week.
More⋯2025/03/07
U.S. stock futures moved higher and the dollar extended its losses against the yen and euro on Friday after data showed the U.S. economy created fewer jobs than expected last month, bolstering bets the Federal Reserve will cut interest rates this year.
More⋯2025/03/07
Will Paulette's latest apartment construction project was mired in mud as a rainstorm passed through this week, a situation that matched the murky outlook for builders who are assessing how sweeping new tariffs might affect their costs, the flow of work, and the willingness of developers and lenders to commit to projects.
More⋯2025/03/06
Roughly a quarter of investors surveyed by IG Prime are looking to change which hedge funds invest their money, citing reasons including riskiness, poor performance and size, the prime brokerage firm said in a report on Thursday.
More⋯2025/03/05
Most stock markets in the Gulf ended lower on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China fuelled global trade war concerns.
More⋯2025/03/04
U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new trade conflicts with the top three U.S. trading partners.
More⋯2025/03/03
Gold prices gained on Monday, following a more than three-week low in the previous session, as they drew support from a weaker dollar and safe-haven buying triggered by concern over U.S. President Donald Trump's tariff policies.
More⋯2025/02/27
Stock market strategists are sticking to their positive view on the performance of global equity markets, expecting solid gains in even the most beaten-down indexes in India and Japan, according to the latest quarterly Reuters polls.
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