Gold prices rose on Monday to their highest level in 7 years, and the price of an ounce of palladium reached a record level of more than $2000 as investors turned to the protection offered […]
Easy monetary policy tends to affect gold, as the Chinese central bank said on Wednesday that it will reduce the amount of cash that all banks must hold as reserves, which frees money to support […]
Senior negotiators from China and the United States spoke last weekend, after signs emerged of concessions by both sides on some outstanding issues. Chinese Vice Premier Liu He, the chief negotiator in trade talks with […]
Federal Reserve Chairman Jerome Powell will testify on Wednesday before the Congress on the outlook for the US economy, giving his view two weeks after the Fed cut interest rates for the third time this […]
The number of Americans filing for jobless claims rose to a five-month high last week, but this is unlikely to signal a shift in labor market conditions as claims for a number of states were […]
Gold prices have recorded their biggest weekly loss in more than two years, especially with the emergence of market satisfaction from the progress of trade talks between the two most important economies in the world, […]
The number of Americans filing for jobless claims was slightly higher than expected last week, but the trend in claims remained consistent with strong labor market conditions. Initial claims for government unemployment benefits rose 5,000 […]
With the losses of the S&P 500, which is suffering a recession for the first time since 2017, there are names of big companies worthy of blame. The financial results for the second quarter of […]
Oil posted its weakest quarter since late last year as concerns over the global economic slowdown increased, especially after an unprecedented attack on Saudi Arabia’s key energy facilities. Brent futures have fallen 8.7% since the […]
The Trump administration took steps on Friday to exempt hundreds of Chinese products from customs duties, ranging from drinking straws to pet supplies. The U.S. will retroactively remove tariffs on a portion of the $250 […]
Sky Economy News