Learning archive

Gold Edges Lower on Stronger Dollar Ahead of US Labor Figures
  • June 2, 2025

Gold Edges Lower on Stronger Dollar Ahead of US Labor Figures

(Bloomberg) -- Gold dipped as the dollar strengthened ahead of US labor data later this week that will help steer the Federal Reserve’s monetary policy.Most Read from BloombergWhere the Wild Children’s Museums AreBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryThe Economic Benefits of Paying Workers to MoveAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget That Trims Police, Fire SpendingBullion declined as much as 0.8% following the biggest

Read More
G7 debt is now a pressure point for anxious markets
  • June 2, 2025

G7 debt is now a pressure point for anxious markets

LONDON (Reuters) -Surging government debt levels are becoming a pressure point for big economies and bond investors have their sights on those not doing enough to improve their finances. A Moody's decision to strip the United States of its last triple-A credit rating last month and weak demand for Japanese auctions moves attention to two of the world's biggest economies. A debt crisis may not be the base case, but warning bells are starting to ring.

Read More
Tom Cruise’s ‘Mission Impossible’ Tops China Box Office
  • June 2, 2025

Tom Cruise’s ‘Mission Impossible’ Tops China Box Office

(Bloomberg) -- Tom Cruise’s film is back on top in China. Mission: Impossible – The Final Reckoning posted the biggest opening for a US film in the country this year, defying trade and geopolitical tensions between Washington and Beijing.Most Read from BloombergWhere the Wild Children’s Museums AreBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryThe Economic Benefits of Paying Workers to MoveAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget T

Read More
Shares cautious, dollar slips as trade concerns persist
  • June 2, 2025

Shares cautious, dollar slips as trade concerns persist

SINGAPORE (Reuters) -Asia shares edged slightly higher on Tuesday while the dollar fell to a six-week low as erratic U.S. trade policies clouded market sentiment and investors turned defensive ahead of key developments later in the week. U.S. President Donald Trump and Chinese leader Xi Jinping will probably speak this week, White House Press Secretary Karoline Leavitt said on Monday, days after Trump accused Beijing of violating an agreement to roll back tariffs and trade restrictions.

Read More
Dollar lingers near six-week low as trade war wears on US economy
  • June 2, 2025

Dollar lingers near six-week low as trade war wears on US economy

While global equity markets have broadly recovered in the wake of the on-again, off-again saga of Trump's tariff threats, the greenback remains firmly on the back foot. U.S. duties on imported steel and aluminium are set to double to 50% starting on Wednesday, the same day the Trump administration expects countries to submit their best offers in trade negotiations. "What this whole dynamic is basically saying is trade tensions are not really improving in that regard, and we've seen the dollar getting hammered widely," said Rodrigo Catril, senior FX strategist at National Australia Bank.

Read More
Oil inches up on supply concerns and weaker dollar
  • June 2, 2025

Oil inches up on supply concerns and weaker dollar

SINGAPORE (Reuters) -Oil prices ticked up on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, while weakness in the dollar also supported prices. Brent crude futures gained 12 cents, or 0.19%, to $64.75 a barrel by 0627 GMT. The oil market surged higher on Monday as rising geopolitical risks and a supply hike from OPEC+ that fell short of expectations provided a boost, said ING analysts in a note.

Read More