Gold futures failed to hold early gains and settled modestly lower on Wednesday as the dollar climbed higher, rebounding from recent losses, and bond yields moved up a bit. The dollar index surged to 104.51 before paring some gains but still remained firm at 104.40, up from the previous close of 104.05. Gold futures for December ended down $2.20 at […]

Following the sharp pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Tuesday. Bond prices moved higher at the start of trading and climbed more firmly into positive territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 9.1 basis points […]

Save articles for later Add articles to your saved list and come back to them any time. After three months of losing market share in home lending, all eyes are on the Commonwealth Bank to see when its chief executive will draw a line in the sand. It’s 20 years since the bank, which is Australia’s largest lender, has experienced […]

Save articles for later Add articles to your saved list and come back to them any time. The world is at a “tipping point” on debt that threatens to spark a global reckoning after years of government borrowing binges, the boss of global banking giant HSBC has warned. HSBC CEO Noel Quinn said countries risked being “hit hard” after allowing […]

Gold futures settled lower on Thursday despite having edged up earlier in the session, after Treasury yields dropped as bond selloff abated. A weaker dollar contributed as well to the yellow metal’s uptick earlier in the day. The dollar index dropped to 106.44, coming off from a high of 106.86. Gold futures for December ended lower by $3.00 at $1,831.80 […]

Gold prices drifted lower on Wednesday despite the dollar’s mild retreat from multi-month highs. The dollar index, which climbed to 107.24, has eased to 106.80, down 0.18% from the previous close. Atlanta Fed Bank President Raphael Bostic said that there is no urgency for the Fed to raise interest rates further to get inflation back under control. On the contrary, […]

NEW YORK (Reuters) -Donald Trump sat hunched over the defense table as testimony resumed on Tuesday at his civil fraud trial, with New York state’s attorney general aiming to prove that the former U.S. president inflated his wealth by lying about his real estate empire.Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization […]

The so-called ‘Magnificent Seven’ – the 7 largest tech stocks listed in the US – are trading at substantially discounted valuations, Goldman Sachs’ analysts highlighted, citing the companies’ current price-to-earnings (PEG) ratios. These stocks witnessed a steep sell-off in September but may be set for a turnaround ahead of the new earnings season. Big Tech Trading at Largest Discount in […]

After years of low interest rates, which have been trending much higher over the past year, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends, which help to provide an income stream. This is total return, which is one of the most powerful investment strategies. While interest rates are rising, […]