Latest Updates Around The World
The US dollar was weak on Thursday after lackluster economic data confirmed the case for a Federal Reserve rate cut next week, providing relief to the yen and pushing the euro to its highest level in almost seven weeks. Investors have also been weighing the prospect of White House economic adviser Kevin Hassett taking over […]
Gold prices held steady above $4,200 on Thursday, supported by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s monetary policy meeting next week. RAW MATERIALS * Spot gold held steady at $4,207.56 an ounce as of 01:04 GMT. * US gold futures for December rose […]
India’s government bond hit a two-week high on Wednesday as belief grew that the central bank will cut interest rates at its policy meeting next week.Bonds have risen three times in a row after Reserve Bank of India Governor Sanjay Malhotra told local media that recent macroeconomic data has not limited the scope for a […]
