Commodities & Futures
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and earnings seeping back in along with all the uncertainty on what a new…
By Lisandra Paraguassu and Anthony Boadle RIO DE JANEIRO (Reuters) – Leaders of the Group of 20 major economies were set to meet on Monday in Brazil for their annual summit, bracing for a shift in the global order with the return to power of U.S. president-elect Donald Trump. Discussions…
By Jake Spring and Lisandra Paraguassu RIO DE JANEIRO (Reuters) – Diplomatic tensions over global warming will take center stage at the G20 summit in Brazil this week, as negotiators at U.N. talks in Azerbaijan hit an impasse on climate finance that they hope leaders of the world’s 20 major…
By Vladimir Soldatkin and Guy Faulconbridge MOSCOW (Reuters) -Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady volumes to Europe via Ukraine after remaining buyers asked for more gas. Russia, which before the Ukraine war was the biggest single supplier of…
By Gloria Dickie BAKU (Reuters) – The world’s warming tropical wetlands are releasing more methane than ever before, research shows — an alarming sign that the world’s climate goals are slipping further out of reach. A massive surge in wetlands methane — unaccounted for by national emissions plans and undercounted…
By Kate Abnett and Valerie Volcovici BAKU (Reuters) – The U.N.’s climate chief called on leaders of the world’s biggest economies on Saturday to send a signal of support for global climate finance efforts when they meet in Rio de Janeiro next week. The plea, made in a letter to…
A look at the day ahead in U.S. and global markets from Mike Dolan Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the Federal Reserve is getting cagier about the extent of further policy easing. Fed boss Jerome Powell didn’t give…
Investing.com– Gold prices steadied in Asian trade on Friday, but were nursing their worst weekly performance in over three years as strong U.S. inflation and less dovish signals from the Federal Reserve sparked doubts over lower interest rates. The yellow metal was also battered by a risk-on rally in the…
By Jarrett Renshaw (Reuters) -President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S.…
Investing.com — and have moved in opposite directions since Donald Trump’s electoral win on Nov. 5, with gold prices down by 4.7% while Bitcoin surged by 29%. According to Gavekal Research, this divergence reflects contrasting reactions to the Republican victory, which markets perceive as unfavorable for gold yet beneficial for…
