Commerzbank lifts gold forecasts on Fed rate cut hopes; silver to continue rising
The recent rise in expectations for interest rate cuts by the US Federal Reserve has provided a significant boost to…
Trump’s TikTok threat and Nvidia setback shape US-China trade talks
The future of TikTok in the US and regulatory pressure on Nvidia in China became central talking points in the…
US retail sales surge 0.6% in August, beating forecasts
US retail sales grew more strongly than expected in August, underscoring the resilience of consumer spending even as broader economic…
US signals new retaliatory measures against Brazil ahead of Lula’s UN speech
With Brazilian President Luiz Inácio Lula da Silva about to open the United Nations General Assembly next week in New…
US Industrial production posts a modest rebound of 0.1% as autos and mining offset utility weakness
US industrial production eked out a 0.1% gain in August after falling 0.4% in July, the Federal Reserve reported on…
Commodities wrap: gold soars to new high yet again; oil and silver prices rise sharply
Gold prices hit another record high on Tuesday on rising expectations of a rate cut by the US Federal Reserve…
Brazil seen holding rates as US Fed expected to deliver 25 bps cut
Brazil’s monetary policy committee is expected to keep the Selic rate steady at 15% on Wednesday, according to a pre-Copom…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Sainsbury’s shares hit four-year high as Argos sale talks with JD.com collapse
Shares in Sainsbury jumped to a four-year high on Monday after the UK supermarket group abruptly ended talks to sell…
US and Europe’s continued trade with Russia raises sanction efficacy questions
On Saturday, US President Donald Trump announced that the United States was ready to impose new energy sanctions on Russia. …