Lower interest rates reduce the opportunity cost of holding gold, which is also viewed as a safe asset during economic and political turmoil. The bullion posted its best quarterly gain since 2020 last ...
Cooling mortgage rates and falling prices have helped boost demand for new houses and could spark a home-building "revival," ...
Blackrock, the world's largest asset manager, has raised its tactical asset allocation for China to "modestly overweight" from "neutral." Unsurprisingly, the equity market's historic rebound is ...
The dollar was continuing to rise after Federal Reserve Chair Jerome Powell on Monday indicated that further interest-rate cuts would be gradual after last month's 50 basis-points cut. Speaking at the ...
The U.S. dollar rallied broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more ...