easing
By David Lawder WASHINGTON (Reuters) – The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the planned duties would be softened. Manufacturers from electric vehicles to electric utility equipment have…
Investing.com — The S&P 500 climbed Monday as recession fears continue to ease ahead of busy week as the Fed releases the minutes of its July meeting, while chairman Jerome Powell is expected to offer clues on future monetary policy at the Jackson Hole central bank symposium on Friday. By 13:59…
Investing.com– Gold prices rose strongly Friday, climbing to new highs as persistent expectations of interest rate cuts by the Federal Reserve kept the yellow metal in demand. At 09:55 ET (13:55 GMT), rose 1.5% to $2,493.86 an ounce, while gained 1.6% to $2,533.10 an ounce. Both benchmarks are on course…
Investing.com– Gold prices fell slightly in Asian trade on Friday as easing fears of a recession limited safe haven demand, although persistent expectations of interest rate cuts kept the yellow metal close to record highs. Prices were also headed for a mildly positive week, although overall gains were limited by…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia (NASDAQ:) replace Apple (NASDAQ:) as the world’s 2nd most valuable company in a market infused with interest rate cut excitement across the…
By Mohi Narayan and Katya Golubkova NEW DELHI (Reuters) -Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a wider conflict in the key Middle East producing region could be avoided. futures were…
By Daphne Psaledakis, Marianna Parraga and Matt Spetalnick WASHINGTON/HOUSTON (Reuters) -The U.S. will not renew a temporary license that widely eased sanctions on Venezuela’s oil and gas sector unless progress is made by President Nicolas Maduro on commitments for free and fair elections this year, a State Department spokesperson said…
By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European stocks gained on Wednesday after a softer-than-expected U.S. services sector data, while investors also assessed softening euro zone inflation data that cemented the case for European Central Bank interest rate cuts. The continent-wide closed 0.3% higher, recovering from a…
