Hong Kong stocks fell 53 points, or 0.2%, to 25,416 in Thursday morning trading, reversing the previous session’s gains after Wall Street closed significantly lower overnight due to lingering concerns over AI valuations and caution ahead of November inflation data. Caution is also growing ahead of policy meetings by several central banks in Europe and…
Gold prices hit their highest level in nearly three weeks on Friday as rising bets on Federal Reserve interest rate cuts early next year pushed the dollar and bond yields lower ahead of eagerly awaited U.S. inflation data. Spot gold was up 0.2% at $2,049.20 per ounce, as of 0513 GMT, after hitting its highest…
Global gold prices continue to strengthen, approaching $3,650 per ounce and heading for a fourth weekly gain, driven by large inflows into bullion-backed ETFs. This rally comes amid expectations that the Federal Reserve is ready to cut US interest rates after consumer inflation data matched expectations and the labor market weakened. Silver also strengthened to…
Jul 24 2025, 09:04 The US dollar index slipped toward 97 on Thursday, nearing a three-week low, as progress in trade talks with major partners lifted rival currencies. Reports indicated that the US and EU are moving closer to a deal, with discussions centered around a 15% baseline tariff on EU goods and possible exemptions….
May 15 2025, 12:58 Gold prices hit a one-month low on Thursday as investors awaited key US inflation figures for clues on the Federal Reserve’s monetary policy path, while easing US-China trade tensions also weighed on bullion’s appeal. Spot gold fell 1.3% to $3,136.97 an ounce by 0536 GMT, after hitting its lowest since April…
The meeting between US President Donald Trump and Chinese President Xi Jinping concluded after about 90 minutes of talks, aimed at defusing tensions in the trade war that has roiled global markets. The two leaders were seen shaking hands before walking together out of the meeting, which took place at Busan Airport, South Korea, on…
