By Kevin Buckland TOKYO (Reuters) -Asian stocks edged up on Friday, drawing support from unexpectedly strong growth in China's economy at the end of last year, although gains were limited by caution ahead of Donald Trump's inauguration as U.
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data and earnings appeared to help investors shrug off any jitters ahead of the U.
Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia Broussalian, and here’s the news you need to start your day. Canadian Prime Minister Justin Trudeau announced that he is stepping down.
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
US and UK inflation eased last month, boosting bond prices and increasing interest-rate cut expectations. The US core consumer price index fell for the first time in six months, while UK inflation cooled due to softer travel costs.
The Australian dollar (AUD) has reached its lowest level against the US dollar (USD) in five years, trading at just $0.615. This sharp decline reflects a complex interplay of global and domestic economic factors,
This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic Product (GDP) growth figures for the final quarter will be a critical gauge for its economic trajectory.
Donald Trump is promising to put import taxes back at the center of US economic policy during his second term as US president. The country heavily taxed imports for much of its history before largely abandoning the policy,
Could a 50-year bond, redeemable in gold on America’s 300th Birthday, point the way out of the era of fiat money?