Gold declined slightly, extending a loss in the previous session, on reduced expectations that the US Federal Reserve will cut interest rates in the near term. Bullion edged lower to around $5,130 an ounce in early trading, following a 1.6% drop on Tuesday that snapped a four-day advance. Interest rates are likely to stay unchanged “ for some time ” as recent economic data shows an improvement in ...
Gold declined slightly, extending a loss in the previous session, on reduced expectations that the US Federal Reserve will cut interest rates in the near term. Bullion edged lower to around $5,130 an ounce in early trading, following a 1.6% drop on Tuesday that snapped a four-day advance. Interest rates are likely to stay unchanged “ for some time ” as recent economic data shows an improvement in the American labor market, Fed Bank of Boston President Susan Collins said. Minutes from the Fed’s January policy meeting, published earlier this month, showed officials at the US central bank appeared to be wary of cutting rates . Higher borrowing costs are typically a headwind for precious metals, which don’t yield interest. Gold fell 0.3% to $5,131.00 an ounce as of 7:27 a.m. Singapore time. Silver dropped 0.4% to $86.80. Platinum and palladium also declined. The Bloomberg Dollar Spot Index ended the previous session marginally higher.
Secretary of state’s address came as US deploys largest force of aircraft and warships to Middle East since 2003 US politics live – latest updates Marco Rubio delivered a rare briefing to top US lawmakers on Iran from the White House on Tuesday as Washington deploys its largest force of aircraft and warships to the Middle East since the 2003 buildup to the Iraq war. The audience for the secretary ...
Secretary of state’s address came as US deploys largest force of aircraft and warships to Middle East since 2003 US politics live – latest updates Marco Rubio delivered a rare briefing to top US lawmakers on Iran from the White House on Tuesday as Washington deploys its largest force of aircraft and warships to the Middle East since the 2003 buildup to the Iraq war. The audience for the secretary of state’s briefing was reported to include the so-called “gang of eight”, which includes the senior lawmakers from both parties in the House and Senate, as well as the chairs and ranking members of the House and Senate intelligence committees. Continue reading...
Palantir (PLTR) is having the kind of year that most data analytics companies can only dream about. The AI-focused company's financial statistics are incredibly strong, strapped, in effect, to a rocket ship. Still, headlines find a way to complicate the trade. Shares have recently changed hands for ...
Palantir (PLTR) is having the kind of year that most data analytics companies can only dream about. The AI-focused company's financial statistics are incredibly strong, strapped, in effect, to a rocket ship. Still, headlines find a way to complicate the trade. Shares have recently changed hands for ...
Oil gained as traders weighed the odds of a nuclear agreement between the US and Iran ahead of talks on Thursday, as a huge deployment of American forces in the Middle East kept the market on edge. West Texas Intermediate was around $66 a barrel after closing 1% lower in the previous session. Brent settled below $71. Secretary of State Marco Rubio and the director of the Central Intelligence Agenc...
Oil gained as traders weighed the odds of a nuclear agreement between the US and Iran ahead of talks on Thursday, as a huge deployment of American forces in the Middle East kept the market on edge. West Texas Intermediate was around $66 a barrel after closing 1% lower in the previous session. Brent settled below $71. Secretary of State Marco Rubio and the director of the Central Intelligence Agency briefed senior lawmakers about Iran on Tuesday as the military build-up fueled speculation of an attack. President Donald Trump said this week his preference was for diplomacy, but warned no deal would be “ very bad ” for Tehran. The oil market is sensitive to headlines tied to Iran, with prices rallying at the start of the year, despite widespread expectations swelling supplies would weigh on futures. Trump’s special envoy Steve Witkoff and his son-in-law Jared Kushner are slated to meet again with Iranian Foreign Minister Abbas Araghchi for talks in Geneva on Thursday. To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for April delivery rose 0.6% to $ 66.02 a barrel at 7:32 a.m. in Singapore. Brent for April settlement closed 1% lower at $ 70.77 a barrel on Tuesday.
(RTTNews) - The Malaysia stock market on Tuesday ended the four-day winning streak in which it had climbed almost 20 points or 1.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,755-point plateau although it figures to bounce higher again on Wednesday.
(RTTNews) - The Malaysia stock market on Tuesday ended the four-day winning streak in which it had climbed almost 20 points or 1.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,755-point plateau although it figures to bounce higher again on Wednesday.
Stocks rebound despite President Trump's new global tariffs. The gains occur as Meta Platforms agrees to buy more than $100 billion in artificial-computing power from Advanced Micro Devices. Plus, Home Depot shares gain as the home-improvement retailer posts strong quarterly results.
Stocks rebound despite President Trump's new global tariffs. The gains occur as Meta Platforms agrees to buy more than $100 billion in artificial-computing power from Advanced Micro Devices. Plus, Home Depot shares gain as the home-improvement retailer posts strong quarterly results.